Over 30 years of retirement, Propst would collect as much as $79,418, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.
The projection assumes Propst received $1,669 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Propst will have already received $1,669 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.