Chicago Park District

Refunds to workers who left

$1.4 million

Exact amount: $1,396,656.44

FY2026

Our estimate

Proxy: this group received $2,267,404 of the $87,525,524 the fund paid out in 2025 (2.59%), so it gets 2.59% of the District's payment. Refunds of employee contributions paid in 2025. 5,530 inactive members are owed a refund, but the report does not say how many were paid. 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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