Over 30 years of retirement, Movshovich would collect as much as $587,906, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.
The projection assumes Movshovich received $12,357 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Movshovich will have already received $51,698 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.