Over 30 years of retirement, Hill would collect as much as $152,711, according to a projection by Local Government Information Services (LGIS), which publishes North Egypt News.
The projection assumes Hill received $3,209 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Hill will have already received $13,424 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up