Over 30 years of retirement, Walkup would collect as much as $2.84 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.
The projection assumes Walkup received $59,697 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Walkup will have already received $184,518 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.