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Chicago City Wire

Thursday, April 10, 2025

Former assistant principal Junker paid in $133K to teachers' pension fund, could collect $2.96M in retirement

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Former assistant principal Linda Junker, who retired in May 2016, saved $132,535 toward a pension over 25 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Junker would collect as much as $2.96 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Junker received $62,269 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Junker will have already received $192,467 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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