City of Chicago
Refunds to members who left
$2.1 million
Exact amount: $2,064,985.02
Calendar year 2026
Our estimateProxy: this group draws $3,580,965 a year in benefits, 1.88% of the $190,667,400 of benefit dollars (annual payments in force at 12/31/2025 plus 2025 refunds). 2025 refunds, financial statements p.14. The count of refunds is not printed. 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.
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