b'2021 ANNUITANT HEALTH INSURANCE RATES20212020 TRUSTEE ELECTION RESULTS & REMINDERSORGANIZATION OF THE BOARD 1099-R FORMSTEACHER TRUSTEE ELECTIONSCTPF will send 1099-R1099-R November 2-6, 2020, CTPF held elections for two forms by January 31,Teacher Trustees to serve three-year terms ending 2021. As an addedNovember 2023. security measure, Social Security numbers on the forms will beFour candidates were certified to run for two open truncated (***-**-1234). Replacing thepositions. Tina Padilla and Philip Weiss received first five numbers with asterisks will helpthe highest vote totals and were elected. The CTPF protect member personal identifyingElection Central page contains the certified information in accordance with Internalelection results at ctpf.org/2020-election-central.Revenue Service protocols. The electronic Form 1099-R sent to the Internal Revenue Service will include the full nine-digit Social Security number for matching purposes.Forms will also be available for download from myCTPF, the secure, member self-service portal. See page 3Tina Padilla Philip Weissfor information.CHECK YOUR CHECK IN 2021 BOARD OF EDUCATION APPOINTMENT Your January 2021The Chicago Board of Education payment will include aappointed Miguel del Valle to a two-year 3% Automatic Annualterm from November 1, 2020- Increase and reflects newOctober 31, 2022. health insurance rates, and a subsidyMiguel del Valleincrease to 60%. Please review yourCTPF COVID-19 OPERATIONS UPDATEJanuary 2021 pension checkOFFICERS AND STANDING COMMITTEE CHAIRS carefully. If you need assistance orDuring their November meeting, the Board of Trustees elected notice an error, please contactofficers and chairs of standing committees for 2020-2021. Member Services.OfficersRETURNING TO WORK Financial Recording A CTPF retiree may return to work, but President Vice President SecretarySecretarythere are rules to be aware of to keep your pension from being jeopardized. A retiree who is re-employed in Chicago Public Schools, in a Chicago charter school, or for another employer contributing toJefferyMary SharonJacquelyn PriceLois CTPF in a permanent or annual instruc- Blackwell ReillyWard Nelsontional position will have their retirement benefits cancelled.Standing Committee Chairs A retiree who is re-employed in a Claims and Service Credits Pension Laws and Administrative temporary or non-annual instructionalCommittee Rules Committeeposition is subject to both employmentMary Sharon ReillyLois Nelsonand compensation limits. Serious financial consequences can occurFinance and Audit Committee Committee on Personnel(including the loss and/or requiredJacquelyn Price Ward Mary Sharon Reillyrepayment of a pension and health insurance subsidy) when limitations areInvestment Committeeexceeded. Find more information atPhilip Weissctpf.org/returning-work.5'