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Chicago City Wire

Tuesday, August 5, 2025

Former substitute teacher Cahill paid in $83K to teachers' pension fund, could collect $1.54M in retirement

Money759

Former substitute teacher Agnes Cahill, who retired in April 2018, saved $83,048 toward a pension over 17 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Cahill would collect as much as $1.54 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Cahill received $32,387 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Cahill will have already received $100,106 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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