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Chicago City Wire

Monday, August 4, 2025

Former teacher Henton paid in $80K to teachers' pension fund, could collect $1.2M in retirement

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Former teacher Elaine Henton, who retired in September 2018, saved $79,521 toward a pension over 14 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Henton would collect as much as $1.2 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Henton received $25,277 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Henton will have already received $105,748 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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