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Chicago City Wire

Saturday, August 2, 2025

Former teacher Aguilar paid in $128K to teachers' pension fund, could collect $2.21M in retirement

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Former teacher Randy Aguilar, who retired in November 2018, saved $128,099 toward a pension over 22 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Aguilar would collect as much as $2.21 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Aguilar received $46,422 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Aguilar will have already received $143,486 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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