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Chicago City Wire

Tuesday, August 5, 2025

Former senior professional Braun paid in $172K to teachers' pension fund, could collect $2.77M in retirement

Money 03

Former senior professional Mitchell Braun, who retired in April 2018, saved $172,335 toward a pension over 26 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Braun would collect as much as $2.77 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Braun received $58,161 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Braun will have already received $179,770 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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