b'MISSION STATEMENT EXECUTIVE DIRECTORS To provide, protect, and enhance theMESSAGEpresent and future economic well being of members, pensioners and beneficiariesThroughout the volatility, one thing is certainthat your Fund through efficient and effective management of benefit programs, investment practices,remains COMMITTED to MAINTAINING the FINANCIAL and customer service, and to commit toSECURITY and STABILITY of your pension benefits.earning and keeping the respect and trust of the participants through quality service and by protecting retirement benefits,With the currentCTPF utilizes professional investment in compliance with applicable lawsvolatility in themanagers to implement the Funds and standards. financial markets,investment policy, designed to obtain the members may behighest expected return on investments CTPF VISIONconcerned aboutwith an acceptable level of risk. The A premier retirement system, modelingthe security of theircurrent volatility in the markets does diversity, equity and inclusion, consistentlyCarlton W. Lenoir, Sr. pension. I want tonot have an immediate impact on CTPFs assure members thatfunded status. CTPFs funded status is achieving top decile risk-adjusted returnsExecutive Director your benefits undercalculated by the Funds actuary once a and highly rated by our members forour defined-benefit pension plan areyear using data as of June 30. Our current customer service excellence. safe. When members vest, they qualifyfunded ratio, as of June 30, 2024, is 48.1%. for a lifetime pension, guaranteed byThe next Actuarial report will be available the Illinois Constitution. Pensions arein the fall, following the close of theIssue Highlights determined by a formula, and do notfiscal year.change with market conditions.Our website includes regular updates CTPF Lobby Day During the past 130 years, CTPF hasas well as our financial reports and we Trustees and staff advocate forweathered World Wars, the Greatencourage you to stay up to date on CTPFs legislative priorities 3Depression, the Great Recession, andCTPF information by registering for email countless other challenges. The Fundupdates at ctpf.org.has a proven, long-term investmentThroughout the volatility, one thing is Trustees Appointedstrategy, which has returned 8.34% overcertainCTPF has operated continuously Emma Lozano and Ed Bannonthe past 35 years. While market volatilityfor almost 130 years, and we remain join CTPF Board of Trustees 3 may be upsetting, its important tocommitted to maintaining the financial recognize that CTPF invests prudentlysecurity and stability of your pension in a diversified portfolio designed to CTPF Makes an Impact weather market volatility over the longbenefits. CTPF members support the term, even during uncertain times.-economy of Illinois 4 Retirement Resources Important reminders and tips fora smooth retirement 5 CTPF EARNS 2025 GREAT PLACE 130th Collection:WORK CERTIFICATIONMoments That MattersCTPF is proud to be Certified by Great Place to Work for the CTPF Invites Members to share photos and reflections for 130 thAnniversarythird year in a row. This year, 91% of our employees said CTPF Celebration 6 is a great place to work, a gain of 3% over last years results. The average at a typical US-based company is 57%. Great Place Member Statementsto Work (GPTW) is the global authority on workplace culture, Availableemployee experience, and leadership behaviors proven to Download statements on myCTPFdeliver market-leading revenue, employee retention, and Member Self Service Portal 6 increased innovation.2025 Trustee Elections 91%57% Employeesaverage of a Nomination packets available for VS.Fall elections 7 rated CTPF atypical US-based Great Place tocompanyWork 2'