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Chicago City Wire

Monday, August 4, 2025

Former teacher Guerrero Jr. paid in $157K to teachers' pension fund, could collect $2.59M in retirement

Money 02

Former teacher Delfino Guerrero Jr., who retired in August 2018, saved $157,001 toward a pension over 28 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Guerrero Jr. would collect as much as $2.59 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Guerrero Jr. received $54,341 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Guerrero Jr. will have already received $167,962 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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