Designating a Beneficiary
Designating a beneficiary ensures that the lump-sum death benefit and any refund of contributions are paid according to a Chicago Teachers' Pension Fund member’s wish. Without a valid designation, paying death benefits becomes a more arduous task with extensive paperwork. Members should ensure that beneficiaries contact CTPF immediately to report their death.
Keeping Your Designation Current
It is important to update the Designation of beneficiary form as life events occur, including marriage, civil union, death, birth, or divorce. It is also important to keep your beneficiary's contact information up-to-date.
A member may change their designation at any time by submitting an updated form to CTPF. Members should update their designations every 5 years. The designation form must be on file at CTPF prior to the member’s death.
The information contained on a designation form is confidential and will not be disclosed to anyone. If you cannot locate a copy of this form or recall your named beneficiary, please contact Member Services, 312-641-4464.