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 April 2012 Update |
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Stay in Touch with CTPF
Are you a Facebook fanatic?
Do you Tweet without missing a beat?
Take advantage of CTPF's social media presence to stay informed and up-to-date on important fund information.
Click here to go directly to CTPF's online registration page where you can register for e-mail updates.
CTPF online
 
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E-Mail Archive |
Click here for a complete listing of past E-Mail Updates and E-Lerts.
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  Spring into Action:
CTPF, CTU, RTAC, CPAA Organize Coordinated Lobbying Effort in Springfield
The Chicago Teachers Union is coordinating a joint lobbying effort for members of the Chicago Teachers' Pension Fund (CTPF), Chicago Teachers' Union (CTU), the Retired Teachers Association of Chicago (RTAC), and the Chicago Principals and Administrators Association of Chicago (CPAA).
The union will offer transportation and support to members willing to travel to Springfield, Ill., Wednesday, May 16, to call attention to the issue of fair funding for CTPF pensions. The group is also considering adding lobby days on May 8 and May 24.
Chicago's Teachers Deserves Fair Funding
CTPF members deserve fair funding from the State of Illinois. Currently CTPF receives 2 cents for every State dollar allocated to the Teachers' Retirement System (TRS), which serves downstate and suburban teachers and retirees.
Executive Director Kevin B. Huber discussed the funding inequity during his recent Testimony to the Illinois Senate Pensions and Investments Committeee. Now is the time for members of CTPF, CTU, RTAC, and CPAA to reinforce the fair funding message by offering personal testimony directly to Illinois legislators from our united membership.
Lobby days will bring our message directly to Springfield and help legislators understand the critical importance of fair funding for Chicago's teachers.
Join our Effort
Can you help? We need your voice to help share this message.
The CTU will provide motorcoach transportation to Springfield, leaving from a central Chicago location, early in the morning on May 16th. The group is expected to return to the Chicago area around 7:30 p.m.
Click here for a quick survey which will help us organize participants.
A coordinator will follow up with all survey participants with details about transportation and travel plans.
Act Now
You spend a lifetime investing in your pension and preparing for a secure retirement. We hope you will spend one day in Springfield to protect your benefits. If not you, who? If not now, when? Act now to protect your pension. |
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Planning to visit CTPF between May 14-23? Call ahead and make sure your name is placed on the visitors list. |
CTPF SPECIAL NOTICE: NATO Summit Requires Additional Building Security Measures for May 14-23
CTPF's building management company has instituted additional security measures May 14-23, 2012, when the NATO summit convenes in Chicago. All visitors will need to register with CTPF in advance and will be asked to present identification before being admitted to the 26th floor. Walk-in counseling will not be available during this time due to the additional security.
May 17, 2012, Board of Trustees Meeting
CTPF will hold a public Board of Trustees Meeting on May 17. Individuals who plan to attend must call Member Services (312.604.1400) in advance and ask to be placed on the attendance list. Visitors will be asked to present identification before being admitted to the building. | | |
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Teacher Trustee Election
Nomination packets for the Teacher Trustee Election (contributors other than Principals/Administrators) will be available May 1, 2012.
 Teacher Trustees represent active contributors other than principals or administrators on the CTPF Board of Trustees. Six Teacher Trustees serve staggered, three-year terms.
This fall, teachers and other active contributors will elect two Trustees to serve three-year terms from November 2012 to November 2015. The election date will be confirmed once the 2012-2013 CPS calendar is finalized. The election date will be published at www.ctpf.org, in E-News, and in the fall issue of Pension News.
Candidate Eligibility Candidates for a Teacher Trustee position must hold an Illinois State Teaching Certificate, be current CTPF contributors, and have been assigned on a regular certificate in the Chicago Public or Charter Schools for a minimum of 10 years.
Nomination Packets
Nomination packets will be available on May 1, 2012. Members interested in running for office should contact the CTPF Election Team at 312.604.1400 ext. 132 or 169 to request a packet. Candidate eligibility will be verified before the packet can be issued. Nominating petitions must be returned by 5:00 p.m., Monday, October 1, 2012.
Additional Information
Election questions may be directed to the CTPF Election Team at 312.604.1400 ext. 132 or 169.
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Ready to Plunge into Retirement?
Plan now for your June Retirement
There are about 33 school days remaining in the regular CPS calendar. If you're thinking about retiring at the end of the year, now is the time to take action. Steps you can take:
Download an Application
Start your retirement planning by downloading a retirement application packet. Click here for the packet. Review the forms and collect your required documentation (birth certificates, marriage license, etc.).
View the Retirement Webinar
If you've downloaded the retirement application and are ready to fill it out, check out CTPF's new Retirement Webinar. The webinar, created by CTPF Member Services staff, walks you through the retirement application and reviews common questions raised by our members. Click here to download the webinar. |
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Legislative Update
The Chicago Teachers' Pension Fund is governed by Illinois law.
The CTPF Board of Trustees Pension Law and Rules Committee has been hosting monthly round table meetings which bring together CTPF stakeholders for dialog.
The group has developed materials to educate members and legislators about CTPF and its legislative priorities.
Click here for a copy of the Member Education Piece
Click here for a copy of the Leave Behind Flyer
At its most recent meeting, the group agreed on a joint educational program for Illinois legislators focused on fair funding for Chicago's teachers. The Chicago Teachers' Union has spearheaded the groups' effort to host lobby days in Springfield to educate legislators about fair funding for Chicago's teachers. |
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CALENDAR
The Board of Trustees meetings, held in the CTPF office, are open to the public. Confirm the meeting times and dates at www.ctpf.org.
May
14-23
Additional building security measures in effect. Individuals who plan to attend must call Member Services (312.641.4464) in advance and ask to be placed on the attendance list. Visitors will be asked to present identification before being admitted to the building.
17
9:30 a.m. CTPF Board of Trustees Meeting
28
Memorial Day, office closed
June
21
9:30 a.m. CTPF Board of Trustees Meeting
July
4
Independence Day, office closed
19
9:30 a.m. CTPF Board of Trustees Meeting
August
16
9:30 a.m. CTPF Board of Trustees Meeting
September
3
Labor Day, office closed
20
9:30 a.m. CTPF Board of Trustees Meeting
30
Deadline for 2011 Health Insurance Premium Subsidy (Rebate) Applications
October
1
5:00 p.m. Teacher Trustee Nomination Packets due to CTPF
18
9:30 a.m. CTPF Board of Trustees Meeting
November
12
Veterans' Day, office closed
20
9:30 a.m. CTPF Board of Trustees Meeting
22-23
Thanksgiving Day holiday observed, office closed
December
13 (tentative)
9:30 a.m. CTPF Board of Trustees Meeting (tentative)
25
Christmas Day, office closed
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CTPF MISSION STATEMENT
To provide, protect, and enhance the present and future economic well being of members, pensioners and beneficiaries through efficient and effective management of benefit programs, investment practices and customer service, and to commit to earning and keeping the respect and trust of the participants through quality service and by protecting retirement benefits, in compliance with applicable laws and standards.
CTPF BOARD OF TRUSTEES
Jay C. Rehak, president
Lois W. Ashford, vice president
Tina Padilla, financial secretary
James F. Ward, recording secretary
Jeffery Blackwell
Jeanne Marie Freed
Chris N. Kotis
Walter E. Pilditch
Mary Sharon Reilly
Rodrigo A. Sierra
Raymond Wohl
Andrea L. Zopp
Kevin B. Huber, executive director
Office/Mailing Information
Chicago Teachers' Pension Fund
203 North LaSalle Street, suite 2600
Chicago, Illinois 60601-1231
312.641.4464 p.
312.641.7185 f.
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