City of Chicago
Tier 1 (hired before 2011): 1,196 active members
$17.3 million
Exact amount: $17,305,069.00
Calendar year 2026
Government estimateAverage net employer normal cost per member $14,469 = $17,305,069 / 1,196 (our division of the actuary's printed numbers). Capped payroll $125,526,077, average $104,955. Total normal cost $27,003,421, of which members pay $9,698,352.
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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