Chicago Teachers' Pension Fund
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Analysis: Chicago Teachers' Pension Fund would go bankrupt in 19 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Chicago Teachers' Pension Fund would have lost $656,489,618 in 2018, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Former administrator Hotz paid in $64K to teachers' pension fund, could collect $1.03M in retirement
Former administrator Roger Hotz, who retired in March 2019, saved $63,670 toward a pension over 11 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former teacher Knight paid in $64K to teachers' pension fund, could collect $1.17M in retirement
Former teacher Kathleen Knight, who retired in October 2018, saved $63,767 toward a pension over 19 years working for public schools, Chicago Teachers' Pension Fund records show.
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Report: Average pensioner in Chicago Teachers' Pension Fund earns $70,103 per year
The Chicago Teachers' Pension Fund had 29,543 active participants receiving an average salary of $70,103 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Former teacher Banks Fallis paid in $84K to teachers' pension fund, could collect $1.19M in retirement
Former teacher Sheron Banks Fallis, who retired in February 2018, saved $83,593 toward a pension over 11 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former teacher Lontoc paid in $67K to teachers' pension fund, could collect $1.2M in retirement
Former teacher Eleanor Lontoc, who retired in November 2017, saved $67,109 toward a pension over 20 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former teacher Kelly paid in $42K to teachers' pension fund, could collect $659K in retirement
Former teacher Cherlyn Kelly, who retired in October 2017, saved $42,490 toward a pension over 13 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former administrator Knezevic paid in $52K to teachers' pension fund, could collect $492K in retirement
Former administrator Denise Knezevic, who retired in October 2017, saved $51,988 toward a pension over 8 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former administrator Nehf paid in $112K to teachers' pension fund, could collect $1.84M in retirement
Former administrator Michael Nehf, who retired in June 2017, saved $111,774 toward a pension over 12 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former administrator Jurinek paid in $55K to teachers' pension fund, could collect $733K in retirement
Former administrator Robert Jurinek, who retired in April 2017, saved $54,863 toward a pension over 8 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former state school employee Malecki paid in $38K to teachers' pension fund, could collect $645K in retirement
Former state school employee Judith Malecki, who retired in April 2017, saved $37,544 toward a pension over 21 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former teacher Bulbin paid in $67K to teachers' pension fund, could collect $1.18M in retirement
Former teacher Nedda Bulbin, who retired in January 2017, saved $66,623 toward a pension over 18 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former teacher Jackson paid in $62K to teachers' pension fund, could collect $972K in retirement
Former teacher Lois Jackson, who retired in January 2016, saved $61,930 toward a pension over 16 years working for public schools, Chicago Teachers' Pension Fund records show.
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Former administrator Radencic paid in $96K to teachers' pension fund, could collect $1.84M in retirement
Former administrator Frances Radencic, who retired in January 2016, saved $96,351 toward a pension over 17 years working for public schools, Chicago Teachers' Pension Fund records show.