Over 30 years of retirement, Hudson would collect as much as $616,337, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.
The projection assumes Hudson received $12,954 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Hudson will have already received $54,195 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.