Wednesday, November 24, 2010 – 09:00 a.m.

For outgoing county counsel Ruth Stringer, it’s a better Thanksgiving than most of us realized.

Back on November 15th, InlandPolitics.com published a story on Stringer’s pension benefits.

In particular, Stringer’s annual pension is estimated at $271,000.

However, this is just a starting point.

According to state law, Stringer’s annual pension, paid by the San Bernardino County Employees Retirement Association (SBCERA) can increase up to 2% per year every April 1st under automatic cost-of-living-adjustment provisions.

At age 60, Stringer’s published standard life expectancy is an additional 24 years.

So Stringer’s pension, while starting out at $271,000 per year, will likely escalate to roughly $427,000 per year.

The total remaining lifetime windfall?

$8,241,000……….

Happy Thanksgiving.