b'The Social Security Fairness Act, HR 82, which repeals the Windfall Elimination Program and Government Pension Offset, was signed into law on January 5, 2025. Upon implementation, the Social Security Fairness Act eliminates the reduction of Social Security benefits while entitled to public pensions from work not covered by Social Security.FEBRUARYThe Social Security Administration is now evaluating how to implement the act and will 4 Investment Committee Meeting | 9:30a.m.provide additional information as that plan is formulated. Impacted individuals do not Investment Committee First Look need to take any action at this time, and the Social Security Administration has pledged Meeting | 1:00p.m.regular updates, which will be shared at ctpf.org/news. 17Presidents Day | Office ClosedKEY PROVISIONS OF H.R. 82 MARCHRepeal of the Windfall Elimination Provision (WEP): WEP reduces Social Security benefits for individuals who also receive a pension from non-Social Security-covered4 Investment Committee First Look employment. This often impacts public servants including teachers, firefighters, andMeeting | 9:30a.m. police officers. 12Medicare Birthday Party Webinar Impact: The repeal will restore full Social Security retirement and disability benefits for Members Turning 65| 1:30p.m.for these individuals, providing them with financial relief. Benefits are expected to be20Board of Trustees Meeting | 9:30a.m.restored from January 2024 and later. Repeal of the Government Pension Offset (GPO): GPO reduces spousal and survivor APRILbenefits for individuals receiving government pensions. This has led to significant 15 Investment Committee Meeting | 9:30a.m.financial challenges for many widows and widowers. Investment Committee First Look Meeting | 1:00 p.m. Impact: The repeal ensures that spousal and survivor benefits are no longer reduced, offering financial stability to surviving spouses.MAY 6 Investment Committee First LookMeeting | 9:30a.m.14Medicare Birthday Party Webinarfor Members Turning 65| 1:30p.m.15 Board of Trustees Meeting | 9:30a.m.CTPF submitted its 2024 Annual Report: Diversity & Inclusion26 Memorial Day | Office Closed to the Governor of Illinois detailing the $6.5 billion or 51.9% of29 Town Hall Webinar | 4:00p.m. total fund assets, with Minority, Women and Disadvantaged-Owned Business Enterprise (MWDBE) firms in the fiscal year JUNE ending June 30, 2024. CTPF is proud to remain a leader among10 Investment Committee Meeting | 9:30a.m.pension and retirement systems throughout the United StatesFinance Committee Meeting | 1:00 p.m.in providing MWDBE firms access to investment opportunities.19 Juneteenth | Office Closed The report is required by Illinois law, PA 96-006, encouraging the trustees of public26 Board of Trustees Meeting | 9:30a.m.pension funds to use emerging investment managers in managing their systems assets. A copy is available at ctpf.org/financial-investment-reports. Find a complete list of meetings, Meeting Noticeregister for all webinars, and confirm meeting times and dates Hybrid Meetings Offered: CTPF is committed to offering a remote attendanceat ctpf.org/calendar.option for our members who cannot attend meetings in person. Individuals who wish to attend in person must register in advance and have a government issued photo ID available to present to building security. Information about meetings is posted with the meeting notice at ctpf.org/calendar.Meetings Posted Online: CTPF now posts the recordings from all meetings within five days of the meeting. Find the meeting agendas, recordings, and minutes at ctpf.org. 3'