CTPF E-News February 2013    

April 30, 2014         

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CTPF E-NEWS: 
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Click on the links for more information.
 

It's not too late, but time's running out for June retirees... 

 

 

 

Click on the link above for the 2014 pension payment schedule.

 

 

 

2014 Board of Trustees Election

Friday, November 7, 2014, Teachers will elect two representatives to the CTPF Board of Trustees. Nomination packets will be available on May 1. 

  

Ambassador_PIN
Click on the link above to find information about upcoming training opportunities.
 
 
 
    Calendar
A recap of important events from now through June.
election
Teacher Trustee Election 
Friday, November 7, 2014

2014 Teacher Trustee Election

Friday, November 7, 2014, CTPF will hold an election for two Teacher Trustees to serve from November 2014-2017.

 

Candidate Eligibility

A candidate for Teacher Trustee must be a current contributor employed in the CPS system for a minimum of 10 years, and hold an Illinois State Teaching Certificate.

 

Nomination Packets

Nomination packets will be available on May 1, 2014. 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., October 1, 2014.

 

Voting Options

The Teacher Trustee Election will be conducted in schools and at other designated polling places on Friday, November 7, 2014. Schools will have the option of voting online or with traditional paper ballots. Pension representatives will poll their staff and register their school's voting preference by September 19, 2014.

  

Additional Information

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

making the leap into retirementretirement
 Still considering a June retirement?
The sooner you get started, the easier the retirement process will be. Here are  steps you can take right now:
  1. Schedule an appointment with a Pension Resource Specialist. Specialists can walk you through the retirement process and answer questions about your retirement situation. Call 312.641.4464 to schedule an appointment. 
  2. Visit the retirement readiness website at members.ctpf.org. This site features tools to help you prepare for retirement, including a downloadable retirement application and helpful checklists.
  3. Organize your required documentation and request any missing vital records. The application, available here, includes a list of required documentation.
  4. Register your personal e-mail with CTPF. Your CPS e-mail address will terminate when you retire, so it's important to share your personal e-mail to stay in touch. Click here to register. 
 
NEWSBRIEFS News Briefs
CTPF Ambassador Program Featured
on WBEZ 
Active and retired members attending Ambassador Training on April 15 at CTPF.

National Public Radio reporter, Tony Arnold, who covers Illinois Politics for WBEZ, attended CTPF's Pension Fund Ambassadors Training Session on April 15, 2014, and interviewed Kevin B. Huber, executive director, for a story on CTPF and our efforts to educate legislators about pension issues. Arnold filed the story,"Chicago Teachers Become Students in Illinois Politics,"
on April 28. 

 

Click here to read or listen to his story.

  

Final Retirement Seminar Held April 17
More than 100 CTPF members attended CTPF's April 17, 2014, Retirement Seminar at the Thompson Center in Chicago. The presentation walked potential retirees through the retirement process and addressed post-retirement health insurance options. Members then had the chance to ask questions and turn in retirement applications.

REHAKCTPF Trustees Speak at National Conference  

Four members of the Chicago Teachers' Pension Fund (CTPF) Board of Trustees led a panel discussion at the National Conference on Public Employee Retirement Systems (NCPERS) Annual Conference and Exhibition. The conference, "Navigating the River of Pension Success," is being held this week at the Sheraton Chicago Hotel & Towers.

  

CTPF Board of Trustees President Jay C. Rehak, Vice President Lois W. Ashford, Investment Committee Chairperson Tina Padilla, and Recording Secretary Raymond Wohl led a panel discussion, "The Public Pension Funding Debate - Chicago Style," this afternoon.

  

The trustees examined the problem of underfunded public pensions and described ways CTPF educates stakeholders and expands the dialogue on pension funding.

 

"The panel was a rousing success," said Trustee Wohl. "We had a great opportunity to educate and share our story with the 2014 NCPERS attendees."

  

Speakers:

Trustee
Lois Ashford
 
Trustee
Tina Padilla
 
Trustee
Jay C. Rehak
 
Trustee Raymond Wohl
 

 a

   Fund Ambassador
 
Spring Break Ambassador Training
April 15, 2014, Active and Retired members gathered at CTPF during spring break for hands-on Ambassador training. The session was designed to help ambassadors learn to use the tools CTPF has available for educating legislators. CTPF Communications Specialist Jackie Umbles, and CTPF Lobbyist Bukola Bello offered an overview of CTPF, reviewed the Illinois governance system, and shared information about how to reach out to legislators. Additional seminars are currently being planned and will be announced via E-mail and social media.
 
Upcoming Educational Events from CTPF

WEBINAR: Governance 101, May 13, 4:30 p.m.
Do you know the Fundamentals about your pension fund? Do you understand the Board of Trustees' responsibility for governing CTPF? Why CTPF elections are important? How decisions made in the State of Illinois legislature can impact your pension?

 

Find out the answers to these questions and more at our Governance 101 Webinar on Tuesday, May 13, 2014, at 4:30 p.m.. We hope you'll join us to learn more about one of your most important assets - your retirement pension. Click here to register for the webinar. 

 

What to do now....
Ready to make an impact? Many members have asked what they can do right now to help preserve their benefits and advocate for CTPF pensions. You can visit, call, fax, or e-mail local elected officials to share your opinions about pensions. If you want to get started now, here are some ideas:
 
1. Join the Pension Fund Ambassador Program Ambassador_PIN
Ambassadors reach out to elected officials to share their stories and help legislators understand that we must not repeat the mistakes of the past.

 
Watch your e-mail for an update on the next training session.

 

2. "Like US" on Facebook
Like us on Facebook
Legislation or events that may impact your pension can happen quickly. Oftentimes the first place we post information is on Facebook. Make sure you "like" us on Facebook to stay informed and up-to-date.
  

Our recent publication, Mistakes of the Past, is a good place to start. This informative sheet gives a history of funding for CTPF and illustrates the damage that pension "holidays" have caused. Share this with a legislator.    

CTPF is governed by Illinois law, and decisions made in Springfield impact our fund. Knowing your legislator personally is one of the best ways to help advocate for your pension. Legislators respond to their constituents.   

 

Do you know who represents your interests in Springfield? If the answer to that question is "no" you can logon to our Legislative Action Center.  The Legislative Action Center is a one-stop shop where you can find information about your elected representatives, track legislation, and e-mail legislators. When you register at the Legislative Action Center you will automatically be enrolled in our Pension Fund Ambassador Program.   

 

Your Pension Matters: Tell Your Legislators

CTPF's education and advocacy webpage  at www.ctpf.org has other tips and documents that you can bring to a meeting, including our Economic Impact Statement and individual information sheets for each Illinois legislator. Share information and make an impact. 




Planning to Visit? Plan ahead... 
MAP
If you are planning a visit to CTPF, 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. to 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, especially at the end of the school year. Walk-in visitors cannot be accommodated after 3:00 p.m. If you arrive after 3:00 you will be asked to schedule a future appointment. 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 $18, (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.

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Calendar    

CALENDAR 

CALENDAR

Trustee meetings, held in the CTPF office, are open to the public.
Please confirm meeting times/dates at www.ctpf.org.

  

May

1

Nomination packets available for 2014 Teacher Trustee Election. 

 

13

4:30 p.m., Webinar, Governance 101. Click here to register. 

 

15

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

 

26

Memorial Day, office closed

 

June

19

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
Mary Sharon Reilly, financial secretary
Raymond Wohl, recording secretary
Carlos M. Azcoitia
Jeffery Blackwell
Robert F. Bures
Bernie Eshoo
Tina Padilla
Walter E. Pilditch  
Jerry Travlos
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.