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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
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CTPF August E-News
Quick Look
No time to read? Here's a summary of the August E-News
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2013 CTPF Board of Trustee Elections
Novem ber 8, 2013, CTPF will hold elections for 2 Teacher,
3 Pensioner, and 1 Administrator Trustee. Find additional information about elections and online voting options.
Report cites CPS failure to act... new communications staff... Webinar available online for members facing layoffs... read about current CTPF events
Updates on "Pension Reform" from Springfield...
The Fall Pension Representative Breakfast will be Saturday, September 7... Webinars also available. Earn while you learn.....Register today.
2013-2014 Pension Payment Schedule
View a schedule of 2013-2014 pension check mailing dates and direct deposit information.
Current Calendar 
Upcoming events and meetings.
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2013 Board of Trustees Elections
November 8, 2013, CTPF will hold elections for:
- Two Teacher Trustees to serve from November 2013-2016
- One Administrator Trustee to serve from November 2013-2016
- Three Pensioner Trustees to serve from November 2013-2015
Pensioner and Administrator Trustee elections will be held by mail with votes tabulated on November 8. The Teacher Trustee election will be held in schools and at CTPF on November 8.
We're Making the Leap to Online Voting
Last year the Chicago Teachers' Pension Fund (CTPF) piloted secure electronic balloting in the Teacher Trustee Election. Users praised the quick and easy process and the benefit of additional polling hours. This year CTPF will offer all schools the opportunity to vote online.
Schools Voting Online in 2013 
Learn More about ONLINE Voting
Wednesday, September 18, 4:30 p.m., CTPF will host a Webinar for all active members interested in learning more about online voting in 2013.
Additional Information
Election questions may be directed to the CTPF Election Team at 312.604.1400 ext. 132 or 169.
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Report Cites CPS Failure to Act
The Center for Tax and Budget Accountability, a non-profit, bi-partisan research and advocacy think tank recently issued a report reviewing the Chicago Public School's 2014 Budget. The report found that CPS knew of looming pension deficits and that dramatic increases in required contributions would be needed, but failed to address the problem beyond asking for an extension of the 2010 pension "holiday."
The report cites a lack of contributions as the primary reason for CTPF's current funding situation, and states, "Not paying the employer normal cost even when the CTPF was well funded contributed to the dramatic decline in its funded ratio."
Jackie Umbles
Joins Staff as a Communications Specialist
Jackie Umbles, a seven-year veteran CTPF Pension Resource Specialist, has accepted a position as a CTPF Communications Specialist. Umbles, who holds a bachelor's degree in computer science and an MBA in marketing, will coordinate the Pension Fund Ambassadors, manage internal communications and social media, and conduct training programs.
"We're thrilled to have Jackie join our communications staff," said Frances Radencic, CTPF director of communications. We know that she will put her expertise in marketing and communications and her extensive knowledge of the fund to good use educating our members and constituents."
CTPF Seminar for Members
Facing Layoffs Now Available Online 
Members facing a school closing or layoff can view a webinar about retirement and refund options. The presentation was originally offered during a live workshop for members on August 12, 2013, at the Thompson Center in Chicago.
"The August workshop was very well received by our members," said Member Services Manager Sheron Banks-Fallis. "Layoffs and school closings are difficult situations, and we want to make sure our members have the information they need. The Webinar allows us to share this information with a wider audience."
The Webinar runs for about 20 minutes, and outlines options for members who permanently leave employment with CPS. Click here to view the webinar.
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Legislative Update
 The 98th General Assembly adjourned on May 31, 2013, without taking action on pension "reform." Governor Quinn established a 10-member committee charged with developing a comprehensive pension reform bill for the State of Illinois pension funds. (CTPF is not a State of Illinois fund). State Pension Funds CTPF is carefully monitoring events in Springfield. Any agreement reached could be used as a model for our fund and others. CTPF will update members as issues or legislation develops. CTPF's Role The Illinois legislature determines the laws and rules that govern our fund and other public pension systems. The CTPF Board of Trustees administers the law and protects the Fund's finances to ensure retirement security for all members.
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Time to Start Thinking About 2014 Health Insurance Needs
Summer is ending, fall is in the air, and health insurance open enrollment is just around the corner.If you're a retiree, it's time to begin thinking about your health insurance needs and options for 2014. The annual Open Enrollment Period for retirees will be October 1 - October 31, 2013. During Open Enrollment, CTPF retirees may enroll in a CTPF health insurance plan for the first time, change a health insurance plan or carrier, or add a dependent to a health plan. Changes made during this period go into effect on January 1, 2014. 2014 Enrollment Materials and Information Now is a good time to analyze your health care expenses from 2013, and to begin thinking about your health care needs for 2014. Understanding how you spend your health care dollars can help you make an informed choice during open enrollment. More information is on the way. Check your e-mail for September health insurance E-Lerts, and watch your mail box for a copy of the 2014 Health Insurance Handbook and Open Enrollment Guide. Handbooks will be mailed the last week in September and include health plan comparison charts, 2014 plan rates, and the dates of 2014 Open Enrollment Seminars.
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Pension Representatives...
Pension Representatives are invited to Join us for an
"eye opening" morning at our
2013 Pension Representative Seminar
Saturday, September 7
9:30-11:30 a.m.
Continental Breakfast Served
525 South State Street, Chicago
Register TodaySeminar: RSVP by September 1, 2013, to gantt@ctpf.org or
312.604.1400, ext. 132. The event is free, but seating is limited.
Webinars
If you can't attend the seminar, you can attend one of two Webinars
where CTPF will offer the same information.
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2013-2014 Pension Payment Schedule
Click here for a copy of the 2013-2014 pension check/direct deposit schedule.
Direct Deposit
The best way to ensure timely and secure receipt of your pension funds is to utilize direct deposit. More than 90% of CTPF members take advantage of direct deposit. Fill out this form and returning it to CTPF to get started with direct deposit.
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CALENDAR
Trustee meetings, held in the CTPF office, are open to the public.
Please confirm meeting times/dates at www.ctpf.org.
September2 Labor Day, office closed 7 Pension Representative Seminar at University Center 19 9:30 a.m. CTPF Board of Trustees Meeting October
1 5:00 p.m., election nomination petitions due to CTPF 14 Columbus Day, office closed 24 9:30 a.m., trustee meeting (NOTE DATE CHANGE) November
8 2013 Principal/Administrator and Retiree Trustee elections conducted by mail ballot Teacher Trustee Election conducted in schools and at other designated polling places 11 Veterans Day, office closed 21 9:30 a.m., trustee meeting 28-29 Thanksgiving holiday, 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
Lois W. Ashford, vice president
Tina Padilla, financial secretary
Raymond Wohl, recording secretary
Carlos M. Azcoitia
Jeffery Blackwell
Bernie Eshoo
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.
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