b'STRATEGIC PLAN ADOPTEDDuring the past year, CTPFs leadership team engaged in a process to evaluate and build a thoughtful and relevantCALENDARstrategic plan that will guide the organization for the next three fiscal years. The plan was formally adopted by the Board of Trustees in June 2022.This Strategic Plan serves as a road map to guide us andAt press time, Board of Trustees the decisions that we will make, remarked Carlton W.meetings are being held online, due to Lenoir, Sr. Our process afforded our Board of Trustees,the current emergency order. Visit senior leaders, and staff the opportunity to learn morectpf.org to confirm meeting location about the organization, to share their perceptions of itsRead CTPFs Strategic Plan and login instructions. strengths and weaknesses, and to discuss critical issuesat ctpf.org/strategicplan affecting, or likely to affect, the organization in the future.OCTOBERThe process was designed to generate collaborative and strategic solutions to the 1 Open Enrollment Begins issues facing our Fund. 3-7 Open Enrollment Webinars The plan began with an assessment of the major risks, opportunities, and strengthsRegister at ctpf.org/calendarof the Fund. Feedback was solicited from both internal and external stakeholders.Open Enrollment Vendor Week 10-13 The results were complied, and the resulting plan contains five broad strategicRegister at ctpf.org/calendarpriority areas with supporting goals. The focus areas include:20 Board of Trustees Meeting |9:30 a.m . Provide for and Enhance the Future Economic Well Being25 Investment Committee Meeting |9:30 a.m .for our members25 Finance & Audit Committee Meeting Ensure Efficient and Effective management Immediately following the Investment Protect Retirement BenefitsCommittee Meeting, approximately 1:00 p.m.Earn and Keep Stakeholder Respect Ensure Compliance with Applicable Laws and Standards27Medicare Enrollment: What not to do Webinar |Register at ctpf.org/calendarThe Fund has a 127-year track record of success, which provides a solid foundation31 Open Enrollment Ends upon which to build the future. The Strategic Plan will help staff prioritize and optimize resources to create a collaborative and effective workplace and lastingNOVEMBEReconomic well being for our members. The strategic plan has been published8Election Day | Office Closedat ctpf.org/strategicplan. 11VeteransDay | Office Closed17 Board of Trustees Meeting |9:30 a.m . 24Thanksgiving Holiday | Office ClosedCTPF FUNDING UPDATE25Thanksgiving Holiday | Office ClosedCPSCTPF funds pensions through revenue returned onPropertyDECEMBERinvestments and four external sources, the Chicago Board Member Taxof Education (CPS), the State of Illinois, property tax levy,Contr. 15 Board of Trustees Meeting |9:30 a.m . and member contributions. 26Christmas Day Observed | Office ClosedEXTERNAL SOURCES UPDATE State of Legislation passed in 2016 and 2017 reestablished aIllinoisdedicated tax levy for CTPF,established the StatesThis calendar includes CTPF Board obligation to fund the normal cost of Chicagos teacher pensions, and providedof Trustees meetings and standing funding for the cost of retiree health insurance.committee meetings. Find a full list of meetings, event registration, and A breakout of the $908.9 million in total contributions received to date for Fiscal Yearconfirm meeting times and dates 2022 includes:at ctpf.org/calendar.$300.9* in property tax receipts$277.5 million from the State of Illinois for normal costs, retiree healthOFFICE/MAILING ADDRESSinsurance, and other required contributionsChicago Teachers Pension Fund $221.2 million from employee contributions 425 S. Financial Place | Suite 1400$109.3 million from the Chicago Board of Education (CPS)Chicago, IL 60605-1000312.641.4464 | fax: 312.641.7185 *The remaining balance of $257.0 million is expected to be paid from the propertyctpf.org | memberservices@ctpf.orgtax levy and received by December 31, 2022.Hours: 8:00 a.m.5:00 p.m. | M-FContinued on page 4. 3'