Chicago City Wire

Chicago City Wire

Monday, January 27, 2020

Former special education worker Kurzynski paid in $185K to teachers' pension fund, could collect $2.56M in retirement

Schools

By Local Labs News Service | Nov 1, 2016

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Former special education worker Donna Kurzynski, who retired in October 2016, saved $185,370 toward a pension over 27 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Kurzynski would collect as much as $2.56 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Kurzynski received $53,909 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Kurzynski will have already received $225,535 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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