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At the December 12, 2024, Board of Trustees meeting, CTPF celebrated the dedication of its Trustees and staff through its Milestone and special recognition programs.  

Designating a beneficiary ensures that the lump-sum death benefit and any refund of contributions are paid according to a CTPF member’s wishes. 

Keeping Your Designation Current 

It is important to update the Designation of beneficiary form as life events occur, including marriage, civil union, death, birth, or divorce. It is also important to keep your beneficiary's contact information up-to-date. 

A member may change their designation at any time by submitting an updated form to CTPF. The designation form must be on file at CTPF prior to the member’s death. 

The information contained on a designation form is confidential and will not be disclosed to anyone. If you cannot locate a copy of this form or recall your named beneficiary, please contact Member Services at 312-641-4464. 

At their November 21, 2024, meeting, the Chicago Teachers’ Pension Fund (CTPF) Board of Trustees approved a revised international equity asset class structure, a private credit portfolio structure, and a $10 million investment with Palladium Fund VI. 

During the November 21, 2024, Board of Trustees Meeting, elected and appointed Trustees were sworn in and took the oath of office. Elected Teacher Trustees Vicki Kurzydlo and Quentin S. Washington will serve three-year terms through November 2027. Elected Principal/Administrator Trustee Pedro Beiza will serve a one-year term through November 2025. View vote totals and certified election results at ctpf.org/election-central. The Board of Education appointed two Trustees, Frank N. Thomas and Dr. Rafael Yáñez, whose terms run through January 15, 2025.

Annual Member Statements are now available exclusively through the myCTPF Member Self Service Portal. Statements are no longer sent by mail. Members should register at myCTPF.org to access their statements

The CTPF Teacher Trustee Election concluded at 5:00 p.m. (CT), November 1, 2024. 

Two Teacher Trustees were elected to serve three-year terms from November 2024 – November 2027. The elected Teacher Trustees are listed below in alphabetical order:

• Vicki Kurzydlo  
• Quentin S. Washington 

CTPF has learned that CPS teachers are receiving emails from MyPensionRep offering to provide a “Complimentary Retirement Review.” Please be advised that MyPensionRep is not affiliated with or endorsed by CPS or CTPF, and that the materials appear to be a solicitation for financial services.

The schedule for mailing checks and direct deposit dates through December 2025 is now available. Click here for the full schedule.

A meeting of the Pension Laws and Administrative Rules Committee will be held Friday, October 4, 2024, at 1:15 p.m. in the CTPF office at 425 S. Financial Place, 15^th Floor, Chicago, Illinois 60605.

Please note, ending times for all meetings are approximate. The agenda includes additional information about the meeting schedule.

The meeting agenda will be posted in the BoardDocs meeting management system in accordance with the Open Meetings Act.

At their September 19, 2024, meeting, the Chicago Teachers’ Pension Fund (CTPF) Board of Trustees voted to terminate Western Asset Management Company’s (WAMCO) Core Plus fixed income mandate. The $568.5 million in assets will be temporarily transferred to State Street Global Advisors’ passive core fixed income account while a search is conducted for a new active manager. The timing of the search is to be determined.  

The Chicago Teachers’ Pension Fund (CTPF) Board of Trustees approved the release and posting of the Fund’s Forensic Audit Report, without redactions, on the Fund’s website. The audit, which covered disbursements, the General Ledger, and the Investment Department for fiscal years 2015-2021, found no evidence of improprieties or malfeasance. The audit noted minor errors and deficiencies and suggested recommendations for improvements to CTPF management and the Board of Trustees.