City of Chicago

Tier 3 (hired July 6, 2017 or later): 1,082 active members

$5.4 million

Exact amount: $5,358,376.00

Calendar year 2026

Government estimate

Average net employer normal cost per member $4,952 = $5,358,376 / 1,082 (our division of the actuary's printed numbers). Capped payroll $87,572,506, average $80,936. Total normal cost $15,072,753, of which members pay $9,714,377.

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