Over 30 years of retirement, Bastien would collect as much as $566,737, according to a projection by Local Government Information Services (LGIS), which publishes North Egypt News.
The projection assumes Bastien received $11,912 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Bastien will have already received $49,834 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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