June 26, 2015

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Chicago Teachers' Pension Fund Thanks Lawmakers for Supporting Spring Legislative Agenda

CHICAGO - The Chicago Teachers' Pension Fund (CTPF) thanks a group of Illinois legislators who sponsored legislation on behalf of the Fund during the spring session of the General Assembly.

"We want to reflect on the work that was done by our legislators and recognize their effort on behalf of the 63,000 active and retired members of CTPF," said Charles A. Burbridge, CTPF executive director.

The CTPF Board of Trustees continues to advocate for legislation that will increase state support and bring steady contributions to the Fund. CTPF thanks the lawmakers who sponsored the Fund's 2015 legislative agenda:

SB 1235/HB 1406:

Sponsors: Sen. Donne E. Trotter (D-Chicago) and
Rep. Elgie R. Sims, Jr. (D-Chicago)

SB 783:

Sponsor: Sen. Michael E. Hastings (D-Matteson)

HB 3846:

Sponsor: Rep. Elgie R. Sims, Jr. (D-Chicago)

SB 812/HB 2502:

Sponsors: Sen. Martin A. Sandoval (D-Cicero), Rep. Daniel J. Burke

(D-Chicago), and Rep. Kenneth Dunkin (D-Chicago)

SB 1587/HB 1454:

Sponsors: Sen. Mattie Hunter (D-Chicago) and Rep. Marcus C. Evans, Jr. (D-Chicago)

SB 1302/HB 2472:

Sponsors: Sen. Emil Jones, III (D-Chicago) and Rep. Monique D. Davis

(D-Chicago)

HB 3695:

Sponsors: Rep. Marcus C. Evans, Jr., (D-Chicago) and House Speaker Michael J. Madigan (D-Chicago) with Chief Co-Sponsor House Majority Leader Barbara Flynn Currie (D-Chicago); additional Co-Sponsors included: Rep. David Harris (R-Mount Prospect), Rep. Anthony DeLuca (D-Chicago Heights), Rep. Joe Sosnowski (R-Rockford), Rep. Arthur Turner (D-Chicago), Rep. Christian L. Mitchell (D-Chicago), Rep. Elgie R. Sims, Jr. (D-Chicago), Rep. Camille Y. Lilly (D-Chicago), and Rep. John D'Amico (D-Chicago) Senate Sponsors: Sen. Mattie Hunter (D-Chicago) with Co-Sponsors Sen. Don Harmon (D-Oak Park), Sen. Ira I. Silverstein (D-Chicago), Sen. William Delgado (D-Chicago), Sen. Napoleon Harris, III, (D-Harvey), Sen. Kwame Raoul (D-Chicago), Sen. Martin A. Sandoval (D-Cicero), Sen. Heather A. Steans (D-Chicago), Sen. Donne E. Trotter (D-Chicago), Sen. Emil Jones, III (D-Chicago), Sen. Michael Noland (D-Elgin), Sen. Kimberly A. Lightford (D-Westchester), and Sen. Michael E. Hastings (D-Matteson)

"We had tremendous support this year for many of our measures, especially HB 3695, which had bi-partisan support in the Illinois House," said Burbridge. "We want to thank the legislators who have worked on behalf of the Fund and our members, and look forward to continuing the discussion and promoting these initiatives."

ABOUT CTPF

Established by the Illinois state legislature in 1895, the Chicago Teachers' Pension Fund manages members' assets and administers benefits. The $10.9 billion pension fund serves approximately 63,000 active and retired educators, and provides pension and health insurance benefits to more than 27,700 beneficiaries.

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

Bernie Eshoo, financial secretary

Raymond Wohl, recording secretary

Carlos M. Azcoitia

Jeffery Blackwell

Robert F. Bures

Tina Padilla

Mary Sharon Reilly

Walter E. Pilditch

Jerry Travlos

Charles A. Burbridge, 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.