City of Chicago
Tier 2 (hired 2011 or later): 2,708 active members
$45.9 million
Exact amount: $45,930,187.68
Calendar year 2026
Our estimateProxy: employer normal cost $93,011,790 shared by Tier 2's 49.4% of total normal cost incl. admin ($74,644,183 of $151,159,606). 2,708 Tier 2 active members (p.35).
The fund's actuary prints this cost for the whole group, and it is spread over thousands of working members, so each member's cost is far under $1M and the City does not publish it person by person.
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