b'MISSION STATEMENT EXECUTIVE DIRECTORS To provide, protect, and enhance theMESSAGEpresent and future economic well being of members, pensioners and beneficiariesTogether, we are not just participants in a Fundwe are through efficient and effective managementstewards of an ENDURING LEGACY, where governance, of benefit programs, investment practices,equality, and investment in our collective future converge. and customer service, and to commit toI urge you to USE YOUR POWER, SHARE YOUR VOICE, earning and keeping the respect and trustand CAST YOUR VOTE.of the participants through quality service and by protecting retirement benefits,At the heart of ourbecame a realityour members in compliance with applicable lawsFund lies a governancepredominantly women then, and still a and standards. system that has stoodmajority todayseized the reins of self-the test of time, tracinggovernance. Under Addams leadership, CTPF VISIONits origins back to thethe teachers of Chicago secured a A premier retirement system, modelingearly days of the lastvoice in electing representatives and in diversity, equity and inclusion, consistentlycentury. Flashback todetermining how their finances were Carlton W. Lenoir, Sr. May 13, 1907, wheninvested.achieving top decile risk-adjusted returnsExecutive Director the Chicago Tribune and highly rated by our members forreported, Joy for the Teachers whoAnd for more than 116 years since, customer service excellence. were jubilant over the passage of twowe have maintained this system of a pension bills which redefined our Fundprimarily elected Board of Trustees, and introduced momentous change.fiduciaries of our Fund, who representIssue Highlights One bill reorganized benefits andmembers interests. Each fall we select granted teachers an elected Board ofa Canvassing Board of members to Trustees which included six membersoversee the election, and each November 2023 Payment Updateelected by teachers and three fromwe elect new members, on a rotating the Board of Education. The secondbasis. Two Teachers each year, three Payments Received forallowed the Board of Education to makePensioners every other year, and one Fiscal Year 2023 Principal/Administrator every third year. 3contributions to the Fund from interest accumulated on education funds. ThisOur Trustees are volunteers, individuals Pensioner Trustee Elections was the first-time funding for pensionswho devote their time and energy to the betterment of our Fund and its members.CTPF to hold elections this fall4 would come from sources other than teachers. This October you will receive voting 2024 Open EnrollmentContext is everything, though, and it iscredentials (if you are a teacher) or Information you need to makeimportant to remember that women inballot materials (if you are a pensioner). the U.S. gained the right to vote withVoting runs from the week of October 16 informed choices5the passage of the 19th Amendment tothrough November 3, 2023, at 5:00 p.m. the United States Constitution, whichTogether, we are not just participants Avoid Costly Mistakeswas ratified on August 18, 1920. It wasin a Fundwe are stewards of an with Medicare a decades-long battle, and one of itsenduring legacy, where governance, Important information for membersleaders was our own Jane Addams, theequality, and investment in our collective who qualify for Medicare6 same legendary social reformer who ledfuture converge. I urge you to use your our fund in 1905. No surprise here: Itpower, share your voice, and cast your was under her leadership that our Fundvote in the Teacher/Pensioner Trustee Executive Directorsaw the passage of the 1907 reforms. election. Voting for your representative Recognized is an important responsibility of CTPF Carlton W. Lenoir, Sr., honored asThe historic context tells us about moremembershipand one which I hope you Crains Chicago Business 2023than just our governance, it reveals awill take to heart. Notable Leaders in Finance 6 history of empowerment. More than a-decade before womens suffrage Board of Trustees Decline ActionTrustees decline action on RETURNING TO WORK? Lincoln Yards Development7 Thinking about returning to work? A CTPF retiree may decide to return to work as a teacher, but there are some rules to be aware New Trustee Appointedof to avoid a pension suspension, cancellation, and possiblebenefit overpayment. CTPF Welcomes Tanya Woodsto the Board of Trustees7 Visit the Return to work page at ctpf.org/returntowork for forms and information. 2'