Thinking about your future retirement? Your pension is an important part of your future retirement security. Chicago Teachers' Pension Fund (CTPF) members enjoy a guaranteed pension for life, based on your tier level, final average salary, CTPF years of service, and a pension multiplier (currently 2.2% for service earned on July 1,1998, or after). The calculator below can help you estimate your monthly CTPF pension income at retirement. 

Enter your basic retirement information:

• Date you first contributed to CTPF or a qualified reciprocal system (before or after January 1, 2011) 
• Age at retirement 
• Final average salary at retirement 
• Years of CTPF service 
• Years of reciprocal service (if applicable) 
• Request an estimate of your CTPF retirement benefit (if you meet the eligibility requirements).  

Please Note: Reciprocal service is used for eligibility only; estimated amounts refer to CTPF payments only. This planner does not replace an actual estimate based on your current salary and service credit. Contact Member Services, 312-641-4464, for a personalized estimate.

For more information on how Tier 1 and Tier 2 benefits are calculated, please see Tier 1 vs. Tier 2 Pensions.