Over 30 years of retirement, Myers Wright would collect as much as $33,066, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.
The projection assumes Myers Wright received $695 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 7 years of retirement, Myers Wright will have already received $5,323 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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