b'MISSION STATEMENT EXECUTIVE DIRECTORS To provide, protect, and enhance theMESSAGEpresent and future economic well being of members, pensioners and beneficiariesAt CTPF, we remain COMMITTED to SERVING through efficient and effective managementOUR MEMBERS with INTEGRITY, TRANSPARENCY, of benefit programs, investment practices, and customer service, and to commit toand DEDICATION. earning and keeping the respect and trust of the participants through quality service and by protecting retirement benefits,CTPF prides itself onmore than a decade before the 19 thin compliance with applicable lawsbeing a transparentamendment legally guaranteed American and standards. organization,women the right to vote in 1920, our and annually wemembers had the right to CTPF VISIONpost our auditedself-governance.A premier retirement system, modelingfinancial statements,This fall our Teachers and Principal/diversity, equity and inclusion, consistentlyCarlton W. Lenoir, Sr. investment reports,Administrators will elect representatives. Executive Director and other data on ourTeachers will elect two members, and achieving top decile risk-adjusted returnswebsite. FollowingPrincipal/Administrators will elect one and highly rated by our members forthe end of the Emergency Order inmember to fulfill the remainder of Trustee customer service excellence. May 2023, which allowed for remoteJerry Travlos term. Dr. Travlos retired meetings, CTPF has continued to offerfrom the Board in February, and we are hybrid meetings, allowing membersIssue Highlights to attend remotely, and offering a livecurrently seeking his replacement. The stream of both Board of Trustee andnext Pensioner Trustee election will be Committee meetings. At their Januaryheld in November 2025.Plan F LettersBoard meeting, our Trustees votedWe provide regular updates on Fund Premium Increase to post video of our meetings online.activities using multiple modes of Important update for MembersMembers can now find our meetingcommunication. In addition to our Pension in the AARP Medicare Supplementagendas, minutes, and videos posted inNews, sent three times a year, we sharea convenient directory at ctpf.org/board-Plan F 3 bi-monthly Enews, regular updates on our trustees-meeting-materials.website and social media, and quarterly CTPF Makes an Impact CTPFs conducts its business in a publicTown Hall webinars. Our next webinarforum, and our Board of Trusteeswill be offered on May 9, and I encourage CTPF members support the represents our stakeholders and theiryou to attend. Please find registration economy of Illinois 4 interests. Our Trustees are volunteers,information at ctpf.org/calendar.and they put a tremendous amountWe want you to stay current with CTPF Board ofof time and effort into the work theyFund information, and an important Trustees Updates undertake on behalf of the Fund andway to do that is to keep your contact Trailblazer award, Public meetingour members. We have a uniqueinformation updated. ThemyCTPF governance structure, with 12 Trustees:Member Self-Service Portal puts updates recordings & Trustee Travlos resigns56 elected by active members, 3 electedat your fingertips, and I encourage you by pensioners, 1 elected by principals/to registeryou can find a link on our CTPF Releases ACFR & PAFRadministrators, and 2 appointed bywebsite. Please remember to keep your 2023 Financial Report Summary the Chicago Board of Education. Theemail address up-to-date as this is often & Highlights 6 system dates back to 1907, whenthe most efficient and effective way to legislation allowed teachers to electcommunicate with our members.representatives to self-govern. It is Return To Work Reminders remarkable when you consider that-Exceeding the limits results in cancellation of your pension 6 CTPF EARNS 2024 GREAT PLACE WORK CERTIFICATIONPension Payment ScheduleCTPF is proud to be Certified by Great Place to Work for the Find the schedule of paymentssecond year in a row. This year, 88% of our employees said through Ocotber 20246 CTPF is a great place to work, an excellent gain of 7% over last years results. The average at a typical US-based company Redefining Retirement is 57%. Great Place to Work (GPTW) is the global authority Meet CTPF members who are active,on workplace culture, employee experience, and leadership creative, engaged, & involved7 behaviors proven to deliver market-leading revenue, employee retention, and increased innovation. 2'