Former assistant principal Malinowski paid in $170K to teachers' pension fund, could collect $3.58M in retirement

By Local Labs News Service

Nov 1, 2016

Former assistant principal Camille Malinowski, who retired in October 2016, saved $170,220 toward a pension over 27 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Malinowski would collect as much as $3.58 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Malinowski received $75,188 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Malinowski will have already received $232,399 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Chicago Public Schools

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