Quantcast

Chicago City Wire

Monday, August 4, 2025

Former teacher Green paid in $96K to teachers' pension fund, could collect $1.77M in retirement

Shutterstock 267646277

Former teacher Deloris Green, who retired in July 2018, saved $96,245 toward a pension over 19 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Green would collect as much as $1.77 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Green received $37,253 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Green will have already received $115,146 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS