Governor Branstad earned $54,749 from the state's retirement pension fund from his earlier service as governor, lieutenant governor and legislator. If you retire from a job and start receiving retirement benefits - then you go back to that job later on - your benefits are frozen until you retire from that job again. Then your retirement benefits from that job are reinstated. Is our governor going to get another $54,749 from us when he retires again? More than $109,000 doesn't sound bad for two retirements from the same job.