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Chicago Teachers’ Pension Fund overpaid retirees, wants money back

Aug 16, 2016

This article originally appeared in the Chicago Sun-Times.

For two years, the Chicago Teachers’ Pension Fund used incorrect dates to calculate retirement benefits, records obtained by the Better Government Association and the Chicago Sun-Times show.

As a result of that error, a total of $2.78 million in overpayments went out to more than 200 retirees, the records show.

Now, the fund — which oversees pensions for…

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