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Chicago City Wire

Wednesday, August 6, 2025

Former teacher Tyler paid in $74K to teachers' pension fund, could collect $1.15M in retirement

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Former teacher Cynthia Tyler, who retired in February 2018, saved $74,127 toward a pension over 14 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Tyler would collect as much as $1.15 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Tyler received $24,259 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Tyler will have already received $74,983 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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