Chicago Park District

Pensions for retired workers (2,125 retirees)

Exact amount: $44,574,897.30

FY2026

Proxy: this group received $72,365,184 of the $87,525,524 the fund paid out in 2025 (82.68%), so it gets 82.68% of the District's payment. Retirement benefits paid in 2025. Retired members in pay status: 2,125, average annual benefit $34,793 (total in force $73,935,252). The District's payment is not the same as the benefits paid. The District sends one payment set by law, and the fund pays its people from that money plus member contributions and investment earnings. This shares the payment by benefit dollars, so it is our estimate, not a District figure.

The District's payment goes to the fund as one lump sum and the fund pays about 2,700 people from it, so no single person's pension is bought by one District payment.

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