This is a premium article. Please subscribe to view all content.

 

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…

No subscription? You’re missing out.

Join us. There has never been a more critical time to Reboot Illinois...

share to facebook share to twitter comment
 
Comments
Be the first to respond to this quote.
Add a Comment commt
Loading...