Quantcast

Chicago City Wire

Sunday, August 3, 2025

Former high school teacher Pilarski paid in $51K to teachers' pension fund, could collect $1.81M in retirement

Shutterstock 369740408

Former high school teacher Elizabeth Pilarski, who retired in September 2018, saved $51,178 toward a pension over 12 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Pilarski would collect as much as $1.81 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Pilarski received $38,009 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Pilarski will have already received $77,158 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS