City of Chicago
Tier 3 (hired July 6, 2017 or later): 21,862 active members
$62.6 million
Exact amount: $62,586,208.52
Calendar year 2026
Our estimateProxy: employer normal cost $146,922,858 shared by Tier 3's 42.6% of total normal cost incl. admin ($177,311,896 of $416,244,587). The fund prints this only for all tiers together. 21,862 Tier 3 active members (p.33).
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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