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 serviceWith the currentCTPF utilizes professional investment and by protecting retirement benefits,volatility in themanagers to implement the Funds in compliance with applicable lawsfinancial markets,investment policy, designed to obtain the and standards. members may behighest expected return on investments CTPF VISIONconcerned aboutwith an acceptable level of risk. The the security of theircurrent volatility in the markets does A premier retirement system, modelingpension. I want tonot have an immediate impact on CTPFs diversity, equity and inclusion, consistentlyCarlton W. Lenoir, Sr. 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-benefityear using data as of June 30. Our current customer service excellence. pension plan are safe. When membersfunded ratio, as of June 30, 2024, is 48.1%. vest, they qualify for a lifetime pension,The next Actuarial report will be available guaranteed by the Illinois Constitution.in the fall, following the close of theIssue Highlights Pensions are determined by a formula,fiscal year.and do not change with marketOur website includes regular updates conditions.as well as our financial reports and we CTPF Lobby Day During the past 130 years, CTPF hasencourage you to stay up to date on Trustees and staff advocate forweathered World Wars, the GreatCTPF information by registering for email CTPFs legislative priorities 3Depression, the Great Recession, andupdates at ctpf.org.countless other challenges. The Fund Trustees Appointedhas a proven, long-term investmentThroughout the volatility, one thing is Emma Lozano and Ed Bannonstrategy, which has returned 8.34% overcertainCTPF has operated continuously join CTPF Board of Trustees3 the past 35 years. While market volatilityfor almost 130 years, and we remain may be upsetting, its important tocommitted to maintaining the financial recognize that CTPF invests prudentlysecurity and stability of your pension CTPF Makes an Impact benefits. in a diversified portfolio designed to CTPF members support the weather market volatility over the long-economy of Illinois 4term, even during uncertain times. Get Organized PENSION PAYMENT SCHEDULEKeep your designation andThe schedule for mailing checks/direct deposit pay advices, and the date for posting demographic information direct deposits is listed below. View the full schedule at ctpf.org/pension-payments. up-to- date. 5CalendarDeadline forCheck Mailing Direct Deposit 2024 Health Month Member Updates Date DateInsurance Rebates July 2025 June 13, 2025 June 27, 2025 July 1, 2025July 31 stapplication deadline approaching 6 August 2025 July 17, 2025 July 30, 2025 August 1, 2025Plan F Letters PremiumSeptember 2025 August 15, 2025 August 28, 2025 September 2, 2025 IncreaseOctober 2025 September 16, 2025 September 29, 2025 October 1, 2025Important update for Members in the AARP Medicare SupplementNovember 2025 October 17, 2025 October 30, 2025 November 3, 2025Plan F6December 2025 November 12, 2025 November 25, 2025 December 1, 20252025 Trustee ElectionsIf you need to make a change to your address information, please be aware of the Nomination packets available for cut-off dates. Changes received after the cut-off date, published at ctpf.org will be Fall elections 7 processed the following month. For any questions please contact Member 2 Services, 312-641-4464.'