CTPF posts important news and updates about the Fund daily on Facebook, Twitter and LinkedIn. Follow CTPF today at @chicagoteacherspension on Facebook, @ctpf_tweets on Twitter and Chicago Teachers’ Pension Fund on LinkedIn.  

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 suspension, cancellation, or possible benefit overpayment. Returning to work on a permanent, annual basis will generally result in your pension being immediately cancelled, to resume only upon re-retirement. In 2022, the Illinois General Assembly passed two measures designed to help address the shortage of substitute teachers/administrators. The Fund also updated its Administrative Rules to align with the new legislation. Find more information here, ctpf.org/returntowork.

Whether you are just starting your career, planning to leave employment, considering retirement or are already retired, resources are available to help members understand CTPF retirement & health insurance benefits. 

Click here to visit the Member Resources page 

Annuitants who have health insurance coverage from another source between January 1- December 31, 2021, received a mailing detailing the process for applying for a premium subsidy. Applicants must complete and return the application (Form 355). The deadline to submit applications is August 31, 2022, with a grace period to September 16, 2022. Applications postmarked after September 16 will not qualify for a 2021 rebate.

This fall, CTPF will hold an election for:

• Two Teacher Trustees to serve three-year terms from November 2022 – November 2025
• One Principal/Administrator Trustee to serve a three-year term from November 2022 – November 2025

Nominating packets are now available. 

Life events like marriage, divorce, and birth of a child can affect who you want named as your CTPF beneficiary, so be sure to update your information as necessary. https://www.ctpf.org/designating-beneficiary 

New features have been added to the myCTPF Member Self-Service Portal. These updates offer an even more accessible and efficient myCTPF experience. 

State certified teachers or administrators employed by a private school recognized by the Illinois State Board of Education, who have served as a contributing teacher for a CTPF employer for at least 10 years, may be eligible to purchase that private teaching service and have that credit added to total years of service. 

CTPF posts important news and updates about the Fund daily on Facebook, Twitter and LinkedIn. Follow CTPF today at @chicagoteacherspension on Facebook, @ctpf_tweets on Twitter and Chicago Teachers’ Pension Fund on LinkedIn.  

New features have been added to the myCTPF Member Self-Service Portal. These updates offer an even more accessible and efficient myCTPF experience. 

The CTPF Board of Trustees meets on a monthly basis. You may download minutes from past meetings by visiting ctpf.org/board-trustees-meeting-minutes.  

Stay up to date with everything happening at CTPF by visiting the Upcoming Events Calendar at ctpf.org/calendar.  

CTPF has had members inquire with concerns about the phasing out of the AARP Medicare Supplement Plan F, an individual Medigap plan administered by UnitedHealthcare and endorsed by AARP. At this time, the plan remains open to members who turned age 65 before January 1, 2020. The plan was limited due to the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), and the decision to limit enrollment was determined by Medicare.

The Chicago Teachers’ Pension Fund (CTPF) Board of Trustees has released its 2021 Annual Comprehensive Financial Report (ACFR) which includes the Fund’s audited financial statements, management’s analysis, statistics, and other financial information. The ACFR is prepared by staff, reviewed by CTPF’s independent auditor, and includes detailed investment, actuarial, and statistical information about CTPF’s financial condition and operations for the fiscal year ended June 30, 2021.

Fernando Vinzons has been named Chief Investment Officer (CIO) of the Chicago Teachers' Pension Fund (CTPF). His appointment is effective July 11, 2022. Vinzons previously served as Director of Investments for the Cook County Pension Fund. He will manage the operations of CTPF’s $13.1 billion investment portfolio. 

During the spring legislative session, the Illinois General Assembly unanimously passed two measures designed to help address the shortage of Chicago Public School (CPS) substitute teachers/administrators, and another which allows the purchase of prior teaching service in private schools for a limited time.