b'To provide, protect, and enhance the present and future economic well being of members, pensioners and beneficiariesTOGETHER, we will continue to BUILD A SECURE FUTURE for through efficient and effective managementall members. Thank you for your TRUST and PARTNERSHIP. of benefit programs, investment practices,Wishing you a healthy and productive year ahead.and customer service, and to commit to earning and keeping the respect and trust of the participants through quality serviceAs we step into a newmore about CTPFs efforts to ensure that and by protecting retirement benefits,year, I am honored toour assets are protected on page 3.in compliance with applicable lawsreflect on the storiesAdvocacy remains at the heart of our and standards. and milestones thatmission. The push for SB 1893 / HB define our Fund and4396, which seeks to increase the retiree its vibrant community.health insurance subsidy from $65 A premier retirement system, modelingThis edition of Pensionmillion to $100 million, to keep insurance diversity, equity and inclusion, consistentlyCarlton W. Lenoir, Sr. News highlightsaffordable and sustainable, is a critical achieving top decile risk-adjusted returnsExecutive Director our commitment tofocus of our spring agenda. We took a and highly rated by our members forintegrity, transparency, and advocacy forfirst step forward with a Senate subject customer service excellence. our members.matter hearing last fall, and our members We have made significant stridesdemonstrated overwhelming support, in protecting member assets, withwith nearly 900 witness slips completed. Trustees prioritizing the detection andWe hope to build on the positive response prosecution of fraud in overpaymentfrom members and legislators, with an cases. CTPF has clear mechanismsadditional hearing in the House this for recording and reporting memberwinter. Once we have details, we will again deaths, and multiple outside vendorsbe calling upon you to share the strength who provide death-confirmations.of our collective voice. Please watch CTPF takes swift legal action toEarly reporting ensures that survivorsyour email and our website for more safeguard member assets in Deathreceive lump-sum death benefits andinformation and ways you can support survivor pensions quickly, providingCTPF and our vital retiree Overpayment Cases 3 security for surviving family members.health insurance. We have increased our efforts aroundAs we look ahead, I encourage you to death reporting in recent years, withstay engaged, whether through webinars, SB 1893 / HB 4396 is essentialimportant improvements to the process.feedback, or our Member Self-Service to secure our subsidy forWhile significant overpayments arePortal. If retirement is on your horizon in retired members 3 uncommon, there are rare occasions2026, we encourage you to take advantage when individuals take advantage of theof our educational opportunities designed system. When these situations occur,to help you effectively navigate the CTPF responds decisively, using all ofprocess. Together, we will continue to A review of 2025 revenue4the legal tools available, including, onbuild a secure future for all members. occasion, criminal charges. Our policiesThank you for your trust and partnership. ensure that the Fund remains vigilantWishing you a healthy and productive Important reminders and tips for and responsive, safeguarding theyear ahead.a smooth retirement5 benefits you have earned. You can read-Annual service awards presented toEXAMPLE ONLYTrustees and employees6 Annual Member Statements for 2025 are nowavailable in the myCTPF Member Self Service Portal. Trustees elected Officers andStatements will not be sent by mail. Members should Chairpersons of Standingregister at myCTPF.org to access their statements. Committees for 2025-20267 Find more information at ctpf.org/memberstatements. 2'