Chicago City Wire

Former administrator Betty Minter, who retired in October 2016, saved $62,441 toward a pension over 13 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Minter would collect as much as $869,643, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Minter received $18,279 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Minter will have already received $76,472 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.