Children's annuities: 17 children
City of Chicago · Calendar year 2026 · Our estimate
$29,830.41
Proxy: this group draws $51,730 a year in benefits, 0.03% of the $190,667,400 of benefit dollars (annual payments in force at 12/31/2025 plus 2025 refunds). Average benefit $3,043 a year per person. Valuation p.11. The City's payment is not the same as the benefits paid. The City sends one payment set by law to the fund, and the fund pays its retirees from that money plus member contributions and investment earnings. This split shares the payment out by each group's share of yearly benefit dollars, so it is our estimate, not a City figure.
Open interactive view · Search this budget
Inside this box
This box has no smaller boxes to open.
Sources
- LABF Actuarial Valuation as of 12/31/2025 (GRS), Summary of Actuarial Valuation p.11; LABF Financial Statements 2025 p.14, page 11 (valuation); FS p.14 · Annual payments in force at 12/31/2025 (valuation p.11): employees' annuities $163,399,654 for 2,506 retirees, spouses' annuities $19,932,438 for 934 survivors, children's annuities $51,730 for 17 children, duty disability $1,513,912 plus $768,981 payments in lieu, ordinary disability $1,419,720 (57 members on disability in all). Refunds $3,580,965 are 2025 cash from the financial statements (p.14). The valuation lists 31 reversionary annuitants but prints no separate payment line for them.