Chicago Teachers’ Pension Fund Adds $2.1 Billion to Illinois Economy in 2023

By Michael Katz Source: Chief Investment Officer The Chicago Teachers’ Pension Fund’s $1.5 billion in payments to participants living in Illinois in 2023 had a $2.1 billion impact on the state’s economy and supported more than 11,500 jobs, according to its 2024 Economic Impact Statement. The report found that each dollar it paid out in pension benefits generated $1.40 in economic activity for the state. “We are proud to serve as an economic engine for the growth of our [...]