b'At the December 11, 2025, Board of Trustees meeting, CTPF recognized2026 TRUSTEEthree Trustees and multiple staff members for their service through itsELECTIONS Milestone Recognition Program.This past fall, CTPF held elections for two Teacher Trustees and threeCTPF will hold one election Pensioner Trustees. The CTPF Election Central page contains the certifiedin November 2026 for two EMPLOYEE RECOGNITION election results at ctpf.org/election-central. Teacher Trustees to serve A total of 14 employees were recognized for reaching significant milestones of 1, 5,three-year terms from November 2026 10, 15, and 25 years of service. Edgar Samayoa, Director of Employer Services wasTEACHER TRUSTEE ELECTION RESULTSNovember 2029. Nomination packetshonored for 25 years of service. Erika Meza and Jacquelyn Price Ward receivedwill be available April 1, 2026. Findthe highest vote totals and were elected toadditional election information atTRUSTEE RECOGNITION three-year terms through November 2028. ctpf.org/election-central.Principal Administrator Trustee Pedro Beiza andErika Meza Jacquelyn Price WardTeacher Trustee Vicki Kurzydlo were honored for their first year of service to CTPF. Trustee Maria J. RodriguezPENSIONER TRUSTEE ELECTION RESULTS CTPF DEPLOYS DILIGENTwas recognized for 20 years of service. TrusteeLois Nelson, Maria J. Rodriguez, and Jack Silver received the highest voteCOMMUNITY MEETING Rodriguez joined the Board as a Teacher Trustee intotals and were elected to two-year terms through November 2027. MANAGEMENT SYSTEM1999, serving until 2011 and then she rejoined theCTPF now uses the Diligent Commu-Board in 2017 as a Pensioner Trustee, and has beennity Meeting Management system for reelected four times. She was the Funds first HispanicBoard of Trustees meeting materials. All Trustee Maria J. Rodriguez accepts her awPresident, serving from 2002-2004 and has served onfrom Executive Director CarltonW.Lenoir, content from BoardDocs has moved to nearly every committee, putting in extensive service toand President Jacquelyn Price Ward. this platform. Agendas, recordings, and the Fund and its members.Lois NelsonMaria J.Rodriguez Jack Silver minutes are still available on the Board SPECIAL RECOGNITION PRINCIPAL/ADMINISTRATOR TRUSTEE ELECTEDof Trustees Meeting Materials and Video The Board recognized former President Jeffery Blackwell for his service and leader One Principal/Administrator was certified for one open positionpage at ctpf.org. of the Fund, presenting him with a 15-year service award, a Distinguishedin the Principal/Administrator Trustee election. Because the Service Award, and a special Proclamation by the Board of Trustees. number of certified candidates for Principal/Administrator TrusteeCTPF SUBMITS Elected to the Board as a Teacher Trustee in 2010 anddid not exceed the number of open positions, the CTPF ElectionGOVERNORS REPORTelected President each year since 2018, PresidentCommittee cancelled the Principal/Administrator election.Pedro BeizaCTPF submitted its 2025 Blackwell led the Fund through significant challenges,Principal Pedro Beiza was declared elected and will serve aAnnual Report: Diversity championed full funding and equitable state support,three-year term through November 2028. and Inclusion to the Illinois advanced diversity in investments. He guided CTPFsOFFICERS & STANDING COMMITTEE CHAIRSGovernor, reporting $7.6 path of responsible stewardship and strong investmentDuring the November 20, 2025, Board of Trustees Meeting, Trustees were sworn inbillion (56.9% of assets) managed by returns, ushering in an era of financial transparencyand took their oath of office, and elected officers and chairs of standing committees Minority, Women, and Disadvantaged-with the completion of a forensic audit, the annualfor 2025-2026.Owned firms as of June 30, 2025. CTPF awarding of the GFOAs certificate of achievement incontinues to lead U.S. pension systems Financial Reporting, and the posting of all meetingOfficers in providing investment access torecordings online. During his tenure, the Fund achievedPresident, Jacquelyn Price Ward; Vice President, Quentin S. Washington; FinancialMWDBE firms, in accordance with an 8.6% annual growth rate (net of fees) and saw investments with MWDBE firmsSecretary, Pedro Beiza; and Recording Secretary, Lois Nelson.Illinois law PA 96-006. The report is climb to nearly 60%. He served as Interim Executive Director of the Fund, providingThe 2025-2026 Board of Trustees,available at ctpf.org.leadership during the transition between Executive Directors in 2021. A 27-yearPictured, back row, L-R: Financial Secretary Pedro Beiza, Trustee Erika veteran teacher, President Blackwells visionary leadership has strengthenedMeza, Trustee Jack Silver, Vice President retirement security for Chicagos educators. Quentin S. Washington, Trustee EdCTPF TO YOU WEBINARSBannon, Trustee Emma Lozano,CTPF partners with the Executive Director Carlton W. Lenoir, POSTHUMOUS DISTINGUISHED SERVICE AWARD Sr. Front row, L-R: Recording SecretaryCTU Pension/Insurance During their November 20, 2025, meeting the CTPFLois Nelson, Trustee Vicki Kurzydlo,Committee to present CTPF President Jacquelyn Price Ward, Board of Trustees posthumously honored FinancialTrustee Maria J. Rodriguez, TrusteeTo You: Understanding Pension Secretary Mary Sharon Reilly with a ProclamationTammie F. Vinson. Benefits, an educational workshop and Distinguished Service Award for her exceptionalfor active members that covers contributions. Her brother, John Reilly, accepted thegeneral pension information. award on her behalf. Serving 29 years acrossStanding Committee ChairsFind upcoming dates for CTPF to You various leadership roles and committees, TrusteeClaims and Service Credits Pension Laws and Administrative RulesWebinars in the calendar at ctpf.org.Reilly advocated for fiscal responsibility, healthLois NelsonQuentin S. Washington John Reilly accepts a CTPF Distinguishedinsurance, and sound investments. She worked forService Award on behalf of MarySharonChicago Public Schools for 37.5 years, retired in 2002,Reilly from Executive Director CarltonFinance and AuditInvestmentsand passed away in July 2025 at age 83 as the W. Lenoir, Sr., and President Jacquelyn Pedro Beiza Jacquelyn Price Wardlongest-serving elected Trustee in CTPF history. Price Ward. Find a complete list of committee descriptions and assignments at ctpf.org.7'