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Chicago City Wire

Tuesday, August 5, 2025

Former state school employee Ehrhardt paid in $57K to teachers' pension fund, could collect $901K in retirement

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Former state school employee Sharon Ehrhardt, who retired in April 2018, saved $57,312 toward a pension over 14 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Ehrhardt would collect as much as $901,198, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Ehrhardt received $18,942 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Ehrhardt will have already received $58,547 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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