Over 30 years of retirement, Jansen would collect as much as $567,502, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.
The projection assumes Jansen received $11,928 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Jansen will have already received $24,214 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.