b'CTPF FUNDING UPDATE ContinuedFUNDED RATIO CTPFs funded status is calculated by the Funds actuary once a year using data as of June 30. The next Actuarial report will be later this fall. CTPF PENSIONS When members vest, they qualify for a lifetime pension, guaranteed by the Illinois Constitution. Pensions are determined by a formula, and do not change with market conditions.*Information is preliminary as of August 1, 2022, and will be updated when the 2022Audit and Actuarial evaluation are completed. CTPF financial reports are located at ctpf.org under forms & publications. PROTECTING MEMBER DATA myCTPF REGISTER TODAYCTPF is committed to protectingNew features have been added to the myCTPF members data, and no longerMember Self-Service Portal. These updates offers Change of Address (107)offer an even more accessible and efficientand Direct Deposit (425) forms formyCTPF experience. Access to the portal is now download from ctpf.org. Membersavailable to surviving spouses. who need to change their address or change their direct depositRegistered members have already taken advantage of the information should call Memberportals initial features and can:Services, 312.641.4464 to requestView address, contact, and benefit status information. these forms. Identity will beAnnuitants can view and download 1099-R and pay confirmed before the forms areadvice(s).issued. A CTPF Member ID will be used as the primary methodRegister today at myCTPF.org. of identity confirmation, and additional security questions will be required. Email addresses and phone number changes can still be taken over the phone, followingRETURNING TO WORK?confirmation of personal identity. Annuitants can findThinking about returning to work? A CTPF retiree may decide their CTPF Member ID on a pay advice.to return to work as a teacher, but there are some rules to be aware of to avoid a pension suspension, cancellation, and possible benefit overpayment. Visit the Return to work page at ctpf.org/returntowork for forms and information. STAFF UPDATEFERNANDO VINZONS JOINS CTPF Fernando Vinzons joined CTPF as the Chief Investment Officer on July 11, 2022. Vinzons has over 18 years of investment and financial market expertise, with four years as Director of Investments and 10 years as a senior member of the Cook County investment team. He was responsible for the growth of an under-funded pension portfolio (from $5.2 to $14.0 billion) and improved peer ranking (from 65 thto 28 thpercentile). Vinzons received a BA in Economics from the University of Illinois and an MBA from the University of Chicago, Booth School of Business, with a focus on Analytical Finance and Accounting.Fernando comes to CTPF with the leadership experience, technical background, and vision needed to meet our policies, pacing, objectives, and goals. His collaborative style and proven ability to assess stakeholder needs, implement policy, and to serve as a mentor to staff will serve the Fund well. We are pleased to welcome Fernando to our team, said Carlton W. Lenoir, Sr., Executive Director. 4'