The Chicago Teachers' Pension Fund (CTPF) is a defined benefit retirement plan which provides a lifetime retirement benefit to vested members who meet minimum age and service requirements. For detailed information about retirement benefits and eligibility requirements, download the Your CTPF Pension information sheet.

When retiring from CPS, a Charter School, or a Contract School, there are several steps that need to be taken to initiate payment of your CTPF pension.

Pension payments may be made via direct deposit, or you may opt to have checks mailed to you.

General Information A CTPF retiree may decide to return to work as a teacher, but there are some rules to be aware of to avoid a pension cancellation. Returning to work on a permanent, annual basis

The Chicago Teachers' Pension Fund (CTPF) is pleased to offer health insurance benefits to retirees, survivors, and their eligible dependents. Learn more about eligibility requirements, the enrollment process, available plans, and more in the 2025 Health Insurance Handbooks.

• 2025 Health Insurance Medicare Handbook | Flipbook
• 2025 Health Insurance Non-Medicare Handbook | Flipbook

Members enrolled in non-CTPF health insurance plans and/or Medicare may be eligible for a subsidy, subject to maximum reimbursement amounts published annually. The maximum reimbursement amount will be

The 2025 Open Enrollment Period for retiree health insurance is October 1 - October 31, 2024. Plan changes made during Open Enrollment become effective January 1, 2025.   

A CTPF service retirement pension, disability pension, or duty disability pension may be statutorily canceled, under certain circumstances, in accordance with the Illinois Pension Code (40 ILCS 5/17-149 and 149.1).

A third party cannot receive information about a CTPF member, survivor, or beneficiary’s account or make any changes to a member’s account without the proper authorization.  The member, survivor, or beneficiary must remain the payee on the account, in accordance with the Illinois Pension Code.