Over 30 years of retirement, Mulally would collect as much as $48,247, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Mulally received $1,014 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Mulally will have already received $1,014 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.