Quantcast

Chicago City Wire

Tuesday, August 5, 2025

Former bilingual teacher Duenas paid in $97K to teachers' pension fund, could collect $1.62M in retirement

Shutterstock 443523112

Former bilingual teacher Maria Duenas, who retired in April 2018, saved $97,282 toward a pension over 19 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Duenas would collect as much as $1.62 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Duenas received $34,093 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Duenas will have already received $105,378 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS