The survivor and death benefits provided by the Chicago Teachers’ Pension Fund are an important part of your family’s financial future. Understanding these benefits can bring you and your loved ones comfort and peace of mind.
The Chicago Teachers’ Pension Fund (CTPF) provides survivor and death benefits which include:
- a survivor pension payable to a member's eligible spouse and/or eligible minor child(ren)
- a lump-sum death benefit payable to a member's designated beneficiaries or estate
- a refund of excess contributions payable to a member's designated beneficiaries or estate
- a reversionary pension payable to anyone designated by the member
The amount and the method of payment depend on your years of service credit, who is eligible, and whether you die before or after you retire.
For more information on the benefits available to survivors and beneficiaries of a deceased member, please consult the following brochure:
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Last Modified 11 27 2006