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Chicago City Wire

Saturday, September 27, 2025

Former special education worker Horn paid in $92K to teachers' pension fund, could collect $2.24M in retirement

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Former special education worker Cardelia Horn, who retired in March 2016, saved $91,828 toward a pension over 25 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Horn would collect as much as $2.24 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Horn received $47,159 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Horn will have already received $95,733 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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