Quantcast

Chicago City Wire

Monday, August 4, 2025

Former special education worker O'Gorman paid in $79K to teachers' pension fund, could collect $1.17M in retirement

Money 03

Former special education worker Sheila O'Gorman, who retired in July 2018, saved $79,421 toward a pension over 13 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, O'Gorman would collect as much as $1.17 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes O'Gorman received $24,608 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, O'Gorman will have already received $102,949 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS