Chicago City Wire

Former teacher Debra Wojcik, who retired in March 2018, saved $77,686 toward a pension over 13 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Wojcik would collect as much as $1.09 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Wojcik received $22,911 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Wojcik will have already received $95,850 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.