About CTPF


About CTPF

The Chicago Teachers’ Pension Fund (CTPF) is committed to serving our members. Our pension fund serves more than 88,000 members and administers benefits totaling nearly $1.5 billion annually.

We provide for the financial security of a group of dedicated individuals who serve, or have served, the Chicago Public Schools/Charter Schools through a career in public service as teachers, principals and administrators. For more than 120 years, CTPF has protected the retirement and health of our members by working to continuously improve and safeguard their benefits. As the State of Illinois’ oldest public pension fund, we ensure that our members’ benefits and earned retirements are as enduring as the mark they have left on thousands of young lives throughout their careers.

Expert investing is the technical side of caring and we invest wisely locally, nationally, and globally — building portfolios and funding enterprises that support Minority, Women, and Disadvantaged Business Enterprise (MWDBE) firms. Coupled with an unwavering commitment to retirement security and wellness, we help create equity in the future for generations to come.


Mission & History

Officially listed as “The Public School Teachers’ Pension and Retirement Fund of Chicago,” CTPF has been providing retirement, survivor, and disability benefits for certain certified teachers and employees of the Chicago Public Schools since 1895.


Celebrating CTPF Quasquicentennial

The Chicago Teachers’ Pension Fund (CTPF) is celebrating its quasquicentennial (125th anniversary) in 2020 with special events and more. Plans are underway to commemorate how CTPF has helped to shape the lives of Chicago Public School teachers and recognize the dedication of our members to their students and profession. There are a number of ways to get involved with the celebration or just follow along on-line.


Board of Trustees

The Chicago Teachers’ Pension Fund (CTPF) is governed by a 12-member Board of Trustees. Trustees include six trustees elected by the active teacher membership, one trustee elected by the active principals and administrators, three trustees elected by the retired membership, and two trustees appointed by the Board of Education.


Chicago Teachers’ Pension Fund
2020 Notice of Annual Trustee Election (updated August 20, 2020)

November 2-6, 2020, CTPF will hold an election for:

  • Two (2) Teacher Trustees to serve three-year terms from November 2020-2023
    (voting available November 2-6, 2020).

Teachers will vote with secure, electronic ballots.

Due to the pandemic, voting credentials will be distributed by mail to teachers’ home addresses. Election reminders with voting credentials will also be emailed by the voting agent to all teachers with valid email addresses on file with CTPF. Voting credentials will be mailed on October 23, 2020.

The voting site will open at 8:00 a.m. on November 2, 2020, and closes at 5:00 p.m., (CT), on November 6, 2020.

Information for Pension Representatives

Pension Representatives provide a valuable link between schools and CTPF and we appreciate your assistance throughout the year. Assisting with the Teacher Trustee election is the primary duty of a Pension Representative, and this year since teachers will not be in schools, the process will be different. Please read the information below to help keep your colleagues informed and make sure you qualify to receive the 2020 Election Stipend.

Complete and Return Your Credentials Form

CTPF is updating the name of the Pension Representative at each school for the 2020-2021 school year. If you have not completed a Credentials form for the 2020-2021, please click here, download the form, and return to CTPF by email to pensionreps@ctpf.org or Fax no later than October 15, 2020.  

Register for a Webinar

All Pension Reps must participate in an online webinar which will provide information about the 2020 Teacher Trustee Election. If you attend a webinar AND an election is held, you are eligible for a $100 stipend. If you attend the webinar, but the election is cancelled, you will be eligible for a $50 stipend. Webinars will be posted here for on demand viewing after the live presentations. Webinars will be offered October 20 and 22 at 4:30 p.m. You only need to attend one webinar. Click the links below to register.

Digital Tool Kits 

CTPF is asking Pension Representatives to distribute electronic information to colleagues so they are aware of election changes. CTPF digital tools for Pension Reps with information that can be shared using email or other electronic means available at school. We appreciate your assistance in distributing this information using the resources you have available.  

Click here for text that can be copied and pasted into an email for your teachers.

2020 Fall Election Poster 

Pension Rep Emails

CTPF Election Policy

August 20, 2020, the CTPF Board of Trustees revised the Election policy to allow for online collection of nominating petition signatures and the mailing of voting credentials for the 2020 Teacher Trustee Election. 

The updated CTPF Election Policy includes additional information.


Employers of CTPF Members

Employers provide a vital link between members and the Chicago Teachers’ Pension Fund (CTPF). Accuracy in reporting and payment is important, as CTPF’s effectiveness in benefit administration rests largely on the data reported by Employers, which determines members’ creditable service credit, creditable earnings, retirement contributions, and their future retirement benefits.


CTPF Governance

The Chicago Teachers’ Pension Fund (CTPF) and its Board of Trustees are governed by the Illinois Pension Code, other applicable laws, and the administrative rules and policies established by the Board of Trustees.


Annual Financial Reports

With a net operating budget of $24,013,600 in Fiscal Year 2020, the Chicago Teachers’ Pension Fund (CTPF) publishes a variety of financial reports annually to provide further insight and clarity into how this budget is delegated.


Procurement & Service Providers

Competitive procurement processes are used by the Chicago Teachers’ Pension Fund (CTPF) to select vendors for most major goods and services contracts in compliance with CTPF’s applicable procurement policies. CTPF encourages participation from a diverse selection of businesses. See below for information about our procurement process, policies, and opportunities. Information about specific solicitations is broken down between Investment and Non-Investment Procurements.


Working at CTPF

The Chicago Teachers’ Pension Fund (CTPF) provides financial security for a group of dedicated individuals who serve, or have served, the Chicago Public Schools/Charter Schools as educators and administrators. As the state’s oldest public pension fund, we ensure that our members’ benefits and earned retirements are as enduring as the mark they have left on thousands of young lives throughout their careers.


Office Information

Office Address

Chicago Teachers’ Pension Fund
425 S. Financial Place
Suite 1400
Chicago, IL 60605-1000

CTPF Phone and Fax Number

General: 312.604.1400
Members: 312.641.4464
Fax: 312.641.7185

During remote operations, leave a message and your call will be returned.

Office Hours

CTPF Office Hours: Monday through Friday
Member Services 8:00 a.m.- 5:00 p.m.
Administrative Offices 9:00 a.m.- 5:00 p.m.


Media Resources

The Chicago Teachers’ Pension Fund (CTPF) is pleased to offer reporters a variety of resources to assist with their efforts to gather facts and obtain expert opinions.