Financial Snapshot
2025 ACFR & PAFR AVAILABLE 
The 2025 Annual Comprehensive Financial Report which 
includes the Fund’s audited financial statements, and the 
Popular Annual Financial Report (PAFR) which includes a 
summary of material presented in the ACFR have been 
published at ctpf.org/financialreports. The entire library of 
financial reports can also be found at the link. 
PRESIDENT PRICE WARD HONORED 
Jacquelyn Price Ward, President of the 
Chicago Teachers’ Pension Fund (CTPF) 
Board of Trustees, has been named a 2026             
Chicago Defender Women of Excellence 
honoree. The recognition highlights African 
American women whose leadership and 
service have made a lasting impact in their 
communities. 
“President Price Ward exemplifies integrity, 
service, and commitment to the educators 
of Chicago. This honor recognizes her 
accomplishments, as well as her steady 
leadership and deep sense of responsibility 
to our members and the communities they serve,” said Carlton W. Lenoir, Sr., CTPF 
Executive Director. 
In her role, Price Ward helps steward the Fund’s assets ensuring the retirement 
security of CTPF’s more than 98,000 members. A special education teacher at Bond 
Elementary School, she has served Chicago Public Schools for more than 30 years 
and has held leadership roles with the Chicago Teachers Union, the Illinois 
Federation of Teachers, and the National Council on Teacher Retirement.
CTPF Board of Trustees President, Jacquelyn Price Ward, 
at the Chicago Defender's 2026 Women of Excellence 
Awards ceremony on March 20, 2026.
As of  January 31, 2026, 
the approximate value of 
CTPF’s investments was 
$14.1 billion, (net-of-fees).
  Net Rate 
of Return
 Total Fund 
Benchmarks
RETURN ON INVESTMENTS
As of January 31, 2026
Rate of Return
Total Fund Benchmarks
Inception
47.9% funded 
(June 30, 2025)*
* CTPF's funding ratio is 
calculated annually at the close 
of the fiscal year, based on the 
actuarial value of assets.
1 Year	
14.81%	
17.20% 
3 Year	            11.32%	
12.62%
5 Year	
7.78% 	
8.07% 
10 Year	
9.35%	
    9.59% 
Since 	
8.40%	
8.29% 
18
16
14
12
10
8
6
4
2
0
	     1 Year     3 Year   5 Year	    10 Year     Since
Inception
Depending on a member’s status at the time of death, CTPF 
provides the following benefits:  
•	 A lump-sum death benefit ranging from $5-10K 
depending on service and date of death.  
•	 A refund of contributions that the member made 
to the Fund, which are remaining at the time of 
the member’s death.  
•	 Any outstanding unpaid benefits due to the             
member.  
The Designation of Beneficiary form allows CTPF members to designate individuals 
who will be paid any available Death Benefit at their death. The Designation does not 
affect or determine survivor benefits, which are only payable to an eligible spouse 
or minor child. This form becomes effective when the original signed notarized form 
is received and approved by the CTPF office and should be completed at least every 
5 years, or if a life-changing event has occurred. CTPF will not accept forms with any 
alterations.  If you have recently experienced one of these life events, are unsure if 
your beneficiary information is up to date, or have never designated a beneficiary 
with CTPF, complete the Designation of Beneficiary form (Form 105). The form must 
be signed in the presence of a notary, and CTPF recommends making a copy for your 
records. The original, notarized copy should be submitted to the CTPF office; emailed 
or faxed versions are not accepted for this form. Find the CTPF Beneficiary Form and 
additional forms at ctpf.org/member-forms-information.  
IS YOUR BENEFICIARY DESIGNATION 
UP-TO-DATE? 
6

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