Chicago City Wire

Former special education worker Susan Lamb, who retired in March 2018, saved $61,292 toward a pension over 13 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Lamb would collect as much as $965,328, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Lamb received $20,290 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Lamb will have already received $62,715 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.