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Chicago City Wire

Friday, April 4, 2025

Former teacher Hunter paid in $70K to teachers' pension fund, could collect $1.08M in retirement

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Former teacher Andre Hunter, who retired in March 2016, saved $69,833 toward a pension over 16 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Hunter would collect as much as $1.08 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Hunter received $22,648 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hunter will have already received $70,002 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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