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Chicago City Wire

Tuesday, August 5, 2025

Former bilingual teacher Romero paid in $214K to teachers' pension fund, could collect $5.03M in retirement

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Former bilingual teacher Myriam Romero, who retired in April 2018, saved $214,468 toward a pension over 34 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Romero would collect as much as $5.03 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Romero received $105,630 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Romero will have already received $326,492 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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