About CTPF

The Chicago Teachers’ Pension Fund (CTPF) is committed to serving our members. Our pension fund serves more than 89,000 members and administers benefits totaling more than $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.

CTPF At a Glance Fact Sheet

Mission, Vision, and 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) celebrated its quasquicentennial (125th anniversary) in 2020 with special events and more. CTPF commemorated members and recognized their dedication to their students and profession.

The quasquicentennial provided us with a unique opportunity to reflect on our rich history and renew our commitment to helping teachers from the very first day to the very last and beyond.

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.

2023 Notice of Election

Teachers and Pensions will elect representatives this fall.

CTPF will hold elections for:

Two Teacher Trustees to serve three-year terms from November 2023 – 2026
Three Pensioner Trustees to serve two-year terms from November 2023 – 2025

Opt-In Option

Legislation enacted August 27, 2021, changed the retirement plan requirements for educational staff employed by a Chicago Contract School in a position requiring certification or licensure.*

Leadership

Meet the CTPF Leadership Team and staff members.

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

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

Whistleblower Reporting

The Chicago Teachers’ Pension Fund (CTPF) has established a Whistleblower Reporting Hotline where complaints can be submitted through an interview, anonymously, or self-identified. Complaints may also

Annual Financial Reports

The Chicago Teachers' Pension Fund (CTPF) publishes a variety of financial reports annually.

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

Freedom of Information Act (FOIA)/Public Records Request

The Chicago Teachers’ Pension Fund (CTPF) responds to all public record requests in compliance with the Illinois Freedom of Information Act (FOIA), 5 ILCS 140, and the CTPF Board of Trustees’ adopted

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 Office

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.