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Chicago City Wire

Saturday, August 2, 2025

Former school counselor Quinones paid in $131K to teachers' pension fund, could collect $2.01M in retirement

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Former school counselor Sherri Quinones, who retired in January 2019, saved $131,112 toward a pension over 24 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Quinones would collect as much as $2.01 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Quinones received $42,202 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Quinones will have already received $176,557 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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