Over 30 years of retirement, Montana would collect as much as $254,258, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Montana received $5,344 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Montana will have already received $22,356 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up