CTPF April E-News 2012  

April 2013 Update               

Connect with us on Facebook

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

Follow us on Twitter  Like us on Facebook 

Snowbird Alert
Snowbirds  
Heading back from a warmer climate? If you're returning from a winter in the south, remember to update your address with CTPF.
E-Mail Archive
Click here for a complete listing of past E-Mail Updates and E-Lerts
 
Trustees Lobby Legislators in Springfield 

CTPF Trustees organized a delegation which traveled to Springfield on April 18, to meet with legislators to help build support for CTPF's 2013 legislative priorities. The delegation included representatives from the Retired Teachers Association of Chicago (RTAC), the Chicago Principals & Administrators Association (CPAA), and Pension Fund Ambassadors. The group had 23 appointments with legislators and co-hosted an evening reception.

"This was an important opportunity for our trustees and retirees to meet with our Illinois legislators," explained CTPF Board of Trustees Vice President and Pension Law and Rules Committee Chair Lois W. Ashford. "Our members shared important messages. One: our employer must pay its bills, and two: that stable funding for retiree health insurance is essential. We believe that having retirees and trustees in Springfield was an exceptional way to deliver those messages."


CTPF Board of Trustees Vice President and Pension Law and Rules Committee Chair Lois W. Ashford (left) and Retired Teachers Association of Chicago Executive Director Arlene Crandall (right) are pictured with
Illinois State Senator Kwame Raoul at the Capitol building in Springfield.  

The April 18, lobbying delegation in Springfield included, from left to right, back row: Jeffery Blackwell (CTPF Trustee), Tom Lalagos (PFA*), Patricia Jones (RTAC), Lois W. Ashford (CTPF Vice President/Trustee), Dave Peterson (CPAA), John Reilly (CPAA), Joe Garvey (RTAC), and Jerry Travlos (CTPF Trustee). Front row, l-r, Raymond Wohl (CTPF Recording Secretary/Trustee), Helen Ramirez-Odell (PFA), Tina Padilla (CTPF Financial Secretary/Trustee), Leandres White (RTAC), and John Butterfield (CPAA). Not pictured: Arlene Crandall (Exec. Dir. RTAC), Vaughn Barber (RTAC), Marcella Morrison (President/RTAC), Kevin B. Huber (CTPF Executive Director), and James F. Ward (CTPF Trustee).
  
From left to right: Leandres White (RTAC), Dave Peterson (CPAA), Patricia Jones (RTAC), and James. F. Ward (CTPF Trustee) pause for a photo between lobbying sessions in Springfield. 
 
* Pension Fund Ambassador 
2013 Board of Trustee Elections  


Nomination packets for 2013 Board of Trustee Elections will be available tomorrow, May 1, 2013.

This fall CTPF will hold elections for:  

teal bullet  Two Teacher Trustees to serve from November 2013-2016

teal bullet

One Principal/Administrator Trustee to serve from November 2013-2016 

teal bullet

Three Pensioner Trustees to serve from November 2013-2015

 

Elections 
Elections for the principal/administrator and pensioner trustees will be conducted by mail. The results will be tabulated on November 8, 2013.

The teacher trustee election will be conducted in schools and at other designated polling places. Two options will be offered for teacher voting, online and on paper. CTPF debuted online voting during the 2012 election and options will be expanded for 2013. More information about online voting and the election date will be available this fall. The election date will be published in the CTPF E-News, posted on the website, and faxed to all schools.

Candidate Eligibility

Teacher Trustee 

A candidate for Teacher Trustee must be a current contributor, hold an Illinois state teaching certificate, and must have been employed in the Chicago Public Schools or charter schools a minimum of 10 years

 

Principal/Administrator Trustee 

A candidate for Principal/Administrator Trustee must be a current contributor:     

teal bullet

employed in a position that requires a Type 75 Certificate issued by the State Teacher Certification Board,     

teal bulletnot on the Chicago teachers' or the Chicago charter school teachers' salary schedule, or     

teal bullet

paid on an administrative payroll

 

Pensioner Trustee

A candidate for Pensioner Trustee must be a service or disability pensioner receiving a monthly pension payment from CTPF.

 

Nomination Packets

Nomination packets will be available on May 1, 2013. 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. Completed nomination packets must be returned by 5:00 p.m., Tuesday, October 1, 2013.

  

Additional Information

Election questions may be directed to the CTPF Election Team at 312.604.1400 ext. 132 or 169.   

Ready to plunge into retirement?

Retirement Roundup
If you did not attend a retirement seminar, but plan to retire in June, start the process now....
Here are some steps you can take to get started with the retirement process.   
  1. Visit the new retirement readiness website and review the retirement check list.
  2. Call and request a pension estimate from Member Services, 312.641.4464.   
  3. Schedule a personal benefits consultation with a pension resource specialist. Specialists meet with members in
    45 minute, pre-scheduled retirement consultations, available Monday - Friday from 8:00 a.m.-4:00 p.m. These meetings offer the opportunity to discuss your retirement situation in depth. You should plan to bring a list of questions and relevant career information. Call Member Services, 312.641.4464 to schedule your appointment.  
  4. Download the retirement application and begin reviewing the forms and gathering the required documentation.
  5. Make sure you "like" us on Facebook and are signed up for e-mail updates. Stay in touch!

Retirement Readiness Website

News Brief
CTPF Publishes 2012 CAFR and PAFR

CAFR 2012 Comprehensive Annual Financial Report (CAFR)
Each year, the Chicago Teachers' Pension Fund (CTPF) documents its financial position in the form of a Comprehensive Annual Financial Report or CAFR. The CAFR offers more than 130 pages of detailed financial information designed to meet government reporting requirements. The CAFR includes audited financial statements, actuarial, and statistical reports detailing the financial position of the fund. Click here to download the CAFR.

Popular Report 2012
Popular Annual Report
The Popular Annual Financial Report, summarizes the CAFR and offers a snapshot of operations at the close of the 2012 fiscal year, the fund's 117th year of continuous operation. The PAFR offers a condensed version of the financial statements and a summary of operations, funding goals, and major initiatives. The PAFR will be mailed to all members on May 1. Click here to download a copy.

Available Now
The Board of Trustees released the CAFR and PAFR during their April 25, 2013, meeting. Both documents can be found online at www.ctpf.org.

 


|Pension Rep Luncheon 2013

Your Pension Matters
Become a CTPF Ambassador and Share the Message
Fund Ambassador

A lack of State and Employer funding has drained resources from our fund.
Pension Fund Ambassadors are working to speak up and reach out to help Illinois legislators understand that pension funding is vital, not optional.

CTPF Ambassador
The Pension Fund Ambassador program encourages our members to educate lawmakers and decision makers about the Chicago Teachers' Pension Fund and the fund's legislative priorities. Legislators must hear the facts about the fund straight from our members. Ambassadors are already having an impact, sharing our message with legislators through our legislative action center and in person.

Join Today

More than 800 CTPF members have already signed up for the program and we're hoping to welcome many more members. 

bulletClick here to register at our new Legislative Action Center and you will automatically be enrolled as an ambassador.  

Resources for Ambassadors 

Before you can educate our legislators, you will need to become informed about our fund and our legislative priories.

Click here to download our member education sheet. 

 

We encourage all ambassadors to get out and meet legislators while they are in their home offices. Click here for an information sheet  that you can leave with a legislator after a meeting.

 

Need more information about your legislators? Click here to go to our legislative action center where you can look up your state representatives and senators, track legislation, and send e-mail to your legislators.  

 

Visit our education and advocacy page to download an information sheet about your state senator and state representative.  

 

Tell a Friend

We encourage you to tell a friend about our programs and to encourage them to participate.

Planning to Visit? Plan ahead... 
MAP

If you are planning a visit to CTPF to meet with a Member Services Counselor, it's always a good idea to schedule an appointment. Scheduled appointments with Pension Resource Specialists are available Monday through Friday from 8:00 a.m. - 4:00 p.m.

Walk-ins are accepted on a first-come, first-served basis, between 9:00 a.m. and 3:00 p.m., but wait times will vary and may be lengthy during busy periods. Walk-in visitors cannot be accommodated after 3:00 p.m.

Call 312.641.4464 to schedule an appointment. CTPF is located at  203 North LaSalle Street, suite 2600, Chicago, Illinois 60601-1231

Parking and Transit Information  
The 203 North LaSalle building has a self-park garage. Garage entries are located on Lake Street between LaSalle Street and Clark Street and on Clark Street between Wacker Drive and Lake Street (look for self-park signs at entrances). Reduced parking vouchers, available from the CTPF office, can be bought for $15, (check only, no cash).

 

The 203 North LaSalle building has direct access to the CTA. The CTA's blue, green, brown, pink, purple, and orange lines all stop at Clark and Lake. Follow the signs to the 203 North LaSalle building when you exit the train. The CTA's red line stops at nearby State and Lake.   

CTPF Calendar April 2012

CALENDAR 

CALENDAR

   

May

1

CTPF Board of Trustee nominating packets available

16

9:30 a.m. CTPF Board of Trustees Meeting

27

Memorial Day, office closed   

 

June

15  
12:00 p.m.-2:00 p.m. Pension Representative Luncheon,
contact Tonika Gant to RSVP, gantt@ctpf.org.  

 

20

9:30 a.m. CTPF Board of Trustees Meeting

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
Raymond Wohl, recording secretary
Carlos M. Azcoitia
Jeffery Blackwell
Jeanne Marie Freed
Walter E. Pilditch  
Mary Sharon Reilly
Jerry Travlos
James F. Ward
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.