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Chicago City Wire

Saturday, August 2, 2025

Former teacher Williams paid in $127K to teachers' pension fund, could collect $2.27M in retirement

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Former teacher Brenda Williams, who retired in November 2018, saved $127,198 toward a pension over 23 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Williams would collect as much as $2.27 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Williams received $47,734 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Williams will have already received $147,541 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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