b"MISSION STATEMENT EXECUTIVE DIRECTORS To provide, protect, and enhance theMESSAGEpresent and future economic well being of members, pensioners and beneficiaries through efficient and effective managementPENSIONS ARE A PROMISE, AND THE WORK WE DO of benefit programs, investment practices,HELPS TO ENSURE THAT THE PROMISE IS KEPT.and customer service, and to commit to earning and keeping the respect and trust of the participants through quality serviceLast month, weothers. Each reminded us that pensions and by protecting retirement benefits,celebrated our Fundsare a promise, and the work we do helps in compliance with applicable laws130 thAnniversary, anto ensure that the promise is kept. and standards. occasion that filled We know that the spirit of advocacy will CTPF VISIONme with tremendousbecome important in the year ahead as pride and gratitudewe work to educate our Illinois legislators A premier retirement system, modelingfor the remarkableabout important CTPF priorities. We diversity, equity and inclusion, consistentlyCarlton W. Lenoir, Sr. journey our Fundwill be calling upon our membership to achieving top decile risk-adjusted returnsExecutive Director has achieved. Thissupport legislation increasing funding for and highly rated by our members formilestone was notCTPF retiree health insurance. Current law customer service excellence. just a celebration of our history, but acaps health insurance spending at testament to the vision, perseverance,$65 million per year, an amount which and unwavering commitment ofIssue Highlights those who have dedicated their liveshasnt been raised in 21 years. As costs to ensuring the financial security andincrease, we must increase the cap dignity of Chicago's educators.and secure more funds to ensure that insurance remains affordable for our CTPF CelebratesFrom our earliest days, CTPF has beenmembers. Watch your Enews and our 130 Years built on a foundation of advocacywebsite for updates and opportunities to and shared responsibility. During theshare your voice. If you havent yet signed CTPF honors 130 years of servicecelebration, we honored that legacyup for our Email updates, you can do so by to members 3 with the Funds first Jane Addamsadding your information at our myctpf.org Living Legacy Awards. The awards weremember self-service portal. Return to Work Law Changespresented to seven supercentenarianAs we celebrate this significant milestone, PA 104-0284 enacted impactingmembers who reached 105. We hadwe have the opportunity to recommit penalties for retirees who returnthe good fortune to celebrate with twoourselves to the mission of our founders: to work 4 exceptional women, Bea Lumpkin (107)courage in the face of challenges, unity in and Edith Smith (111), who shinedthe pursuit of fairness, and belief in the brightly during the celebration. Edithvalue of Chicagos teachers. Every pension 2025 Funding Updatehas been retired for nearly 50 years,payment we send is a reminder that a A review of current 2025 revenue4 and embraced her retirement with joy, pension is a promise for life. volunteering in her community for 40Thank you for being an important partner 2025 State of the Fundyears and serving others. Bea has beenin our journey. Publication highlights progressan advocate for her entire life, and shes made in FY 20254 still a fixture at Union meetings and-rallies, working to protect the rights of 2026 Retiree Open EnrollmentCTPF retiree Open Enrollment runs October 1-31, 20255In Memoriam, Mary Sharon ReillyCTPF Remembers Financial Secretary 62025 Trustee Elections Find information and a timeline ofFall election events 72"