City of Chicago
One extra payment into the fund's savings
$14.6 million
Exact amount: $14,574,818.00
Calendar year 2026
The City has paid extra amounts above the State-law minimum since 2023 to help the fund. The valuation does not count on future extras in its projections. It says they will help reduce the City's long-term contribution requirements.
This is money the City chooses to pay on top of what the law requires, so the fund has more savings and the shortfall grows more slowly, and it goes into the fund as one payment.
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