Over 30 years of retirement, Woo would collect as much as $45,147, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Woo received $948 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Woo will have already received $1,924 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up