Over 30 years of retirement, Watson would collect as much as $448,759, according to a projection by Local Government Information Services (LGIS), which publishes Quincy Reporter.
The projection assumes Watson received $9,432 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Watson will have already received $9,432 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up