Chicago City Wire

Former special education worker Rebecca Gilbert, who retired in July 2018, saved $80,966 toward a pension over 14 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Gilbert would collect as much as $1.36 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Gilbert received $28,491 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Gilbert will have already received $88,063 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.