Stay Connected This Summer...
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.
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CTPF JULY E-NEWS
Quick Look
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Click on the links for more information.
Highlights include:
- CTPF Updates Return to Work Rules
- June Webinar Now Online.
- 2014 Pension Payment Schedule
 An election for 2 Teacher Trustees
will take place on November 7, 2014.
CTPF Ambassadors visited Representative Barbara Flynn Currie and Senate President Cullerton in Chicago during July.
Click the link above for a schedule of pension payments through the end of 2014.
Important upcoming dates and events.
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Summary
Under the Illinois Pension Code, a CTPF retiree may return to work as a temporary and non-annual employee for the Chicago Board of Education or a Chicago Charter School employer (Employer) under limited circumstances. The CTPF Board of Trustees recently updated the rules for administering this law.
- CTPF retirees are limited to working on no more than 100 days for an Employer(s).
- A day is 7.25 hours. There are 725 hours in a year. A year is July 1 - June 30.
- Retired teachers cannot earn more than $30,000 (gross) from an Employer(s) in a year.
- Retirees with 5+ years of service as an Administrator cannot earn more than $50,000 (gross) in a year from an Employer(s).
- A retiree who works on 100 or less days but for more than 725 hours in a year will not have his/her pension cancelled as long as the compensation limits are not exceeded.
- Retirees have the sole responsibility of tracking all time worked and compensation received during re-employment.
Action items:
All retirees must complete CTPF Form 717 and return it by September 1, 2014.
Click here for a copy of Form 717.
Notify CTPF 30 days before you return to work for an Employer by filing Form 770.
Click here for a copy of CTPF Form 770
Reciprocal Retirees
Each system has different rules. Reciprocal retirees must check with all former systems to ensure compliance.
Questions
If you have questions about the policy contact CTPF Member Services at 312.641.4464.
End of Year Webinar Now Online
 The June 11, 2014, end of the fiscal year webinar is now available online. Members can view a presentation by CTPF Board of Trustees President and Interim Executive Director Jay C. Rehak, Lobbyist Steve Zahn, and CTPF Communications Specialist Jackie Umbles, which offers a summary of the fund at the end of the fiscal year, and reviews legislative events from 2014.
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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 are now available. 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.
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CTPF Ambassadors Visit Legislative Leaders
House Majority Leader Currie and Senate President Cullerton
Welcome CTPF Members.
CTPF Ambassadors, led by CTPF Interim Executive Director and Board of Trustees President Jay C. Rehak enjoyed two "meet and greet" sessions with Illinois' legislative leaders earlier this week. Monday, July 7, 2014, constituents of House Majority Leader Barbara Flynn Currie met with the Representative in her Hyde Park office. Tuesday, July 8, 2014, constituents and members met with Senate President John J. Cullerton in his downtown office.
"We are always interested in dialogue with legislators and we especially appreciate the time that Senate President Cullerton, Majority Leader Currie, and our members shared with us," said Rehak. "This was a great opportunity to reflect on this past year and also to remind our legislators that pensions are people -- not just numbers on a spreadsheet."
Photos from July 7, 2014, visit with Representative Barbara Flynn Currie
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Representative Barbara Flynn Currie greets CTPF retiree and constituent
Kim Sims. Representative Currie sponsored HR0643 which congratulated
Sims on her retirement as principal of Bouchet International School and recognized her nearly 34 years of dedication to education within the Chicago Public Schools.
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CTPF members who are constituents of Representative Barbara Flynn Currie visited the Representative's Hyde Park office with CTPF's Interim Executive Director and Board of Trustees President Jay C. Rehak on Monday, July 7.
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Photos from the July 8, 2014, visit with Senate President Cullerton
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Senate President Cullerton greets CTPF member and constituent Hilda Brake after the meeting.
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Senate President Cullerton with CTPF Board of Trustees President Jay C. Rehak and CTPF Members.
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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. Here are some ideas:
1. Join the Pension Fund Ambassador Program
Ambassadors reach out to elected officials to share their stories and help legislators understand that we must not repeat the mistakes of the past.
2. "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 publication, Mistakes of the Past, gives a history of funding for CTPF and illustrates the damage that pension "holidays" have caused. Share this with a legislator.
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.
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.
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Planning to Visit? Plan ahead...
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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Find it First on Facebook
The first place we post breaking news is on Facebook.
"like us" on Facebook.....
Click the Facebook icon
Then "like us"
and follow our posts, share them with others...
Your pension matters, share the message.
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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.
9:30 a.m., CTPF Board of Trustees Meeting
Labor Day, office closed
18 9:30 a.m., CTPF Board of Trustees Meeting
5:00 p.m., Trustee Election nomination petitions due to CTPF
13 Columbus Day, office closed
23 9:30 a.m., CTPF Board of Trustees Meeting
Teacher Trustee Election in schools.
11 Veterans Day, office closed
20 9:30 a.m., CTPF Board of Trustees Meeting
27-28 Thanksgiving holiday, office closed December 25 Christmas holiday, office closed
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