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2021 Pension Payments

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

Find a schedule of 2021 Pension payments here.

Direct Deposit 

2020 1099-R Mailings

Form 1099-R reports the distribution of pension benefits. CTPF will mail a 2020 Form 1099-R to all retired members by January 31, 2021. 

Security Enhancement for 1099-R Forms

As an added security measure, Social Security numbers on 1099-R forms will be truncated (***-**-1234). Replacing the first five numbers with asterisks will help protect member personal identifying information in accordance with Internal Revenue Service protocols. The electronic Form 1099-R sent to the Internal Revenue Service will include the full nine-digit Social Security number for matching purposes. 

2021 Retirement Webinar Registration Now Open

Holiday Office Closure

Special Meeting of Board of Trustees Cancelled

The special meeting previously scheduled for 4:00 p.m., January 15, 2021, has been cancelled. The next meeting of the Board of Trustees will be January 21, 2021, at 9:30 a.m. Find a listing of upcoming meeting in the calendar. 

CTPF Board of Trustees Meeting

The CTPF Board of Trustees is holding a Special Board meeting, today, January 15, 2021, at 4:30 p.m. Due to the COVID-19 emergency, and in accordance with Public Act 101-0640, enacted June 12, 2020, this meeting is being conducted via audio/video conferencing. 

Public participation will be available at the beginning of the meeting. The agenda is available through the BoardDocs meeting system. Information is posted in accordance with the Open Meetings Act. Pursuant to Public Act 101-0640, all votes will be taken by roll call.

Zoom Meeting Dial and Call in Information

Register today for myCTPF

CTPF has launched its new Self-Service Portal, myCTPF. Members who register for myCTPF create their own unique User ID and password. Once an account is created, members can use myCTPF to securely access CTPF documents and information. Registered members can:  

• View address/contact information on file with CTPF. 

• Retirees can view and download a 1099-R and pay advice(s). 

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Redefining Retirement: Meet John R. Schmidt

2021 Retirement Webinar Registration Now Open

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Save the Date: Retirement Webinars for 2021

Holiday Office Closings

CTPF will close at 3:00 p.m. on December 24, 2020 and will reopen at 8:00 a.m. on Monday, December 28, 2020. Find additional information about CTPF holidays in the calendar.

CTPF Operating Remotely 

December Town Hall Webinar Available on Demand

CTPF offers Town Hall webinars for members three times per year. These presentations offer updates about Fund operations and highlights from the year.  

The recording from the December 16, 2020, presentation can now be viewed online. The slides from the presentation are also available. Find an archive of recorded webinars under Member Forms and Information: ctpf.org/member-forms-information. 

Next Webinar 

Chicago Teachers' Pension Fund Remains Leader among Pension Funds in Minority, Women and Disabled-Owned Business Enterprise Efforts

The Chicago Teachers' Pension Fund (CTPF) announced that it invested $4.98 billion, more than 46 percent of total fund assets, with Minority, Women and Disabled-Owned Business Enterprise (MWDBE) firms in fiscal year 2020, ending June 30, 2020. This represents a 3.6 percent increase over 2019 investments. The Fund's work was highlighted during December 4, 2020, testimony presented to state legislators at an Illinois Senate Special Committee hearing on Pensions and Investments held virtually.

"Our total fund MWDBE assets have increased 654 percent since we first started tracking this data in the early 1990s. Our increase in MWDBE investments this past year demonstrates our continued commitment to supporting diverse investments. These investments pay dividends for our members and yields excellent overall long-term returns and financial stability for our members," said Jeffery Blackwell, President of the CTPF Board of Trustees.   

A breakdown of assets by classification as of June 30, 2020, includes $2.88 billion managed by women-owned firms; $1.13 billion managed by African American-owned firms; $794.5 million managed by Latino-owned firms; $99.1 million managed by Asian-American owned firms, $16.4 million managed by Persons with a Disability-owned firms, $10.1 million managed by Native-American firms, and $4.3 million managed by Multiple Minority-owned firms.