About CTPF

Overview

About CTPF

The Chicago Teachers’ Pension Fund (CTPF) is committed to serving our members. Our pension fund serves more than 63,000 members and administers benefits totaling nearly $1.4 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.

Overview

Election Central
2018 Trustee Elections

November 7, 2018, CTPF held elections for: 

  • One (1) Pensioner Trustee to fill a vacancy for a term ending November 2019
  • Two (2) Teacher Trustees to serve three-year terms ending November 2021
  • One (1) Teacher Trustee to fill a vacancy for a one-year term ending November 2019

See below for election results.

2018 Pensioner Trustee Election Results

Pensioner Election Results

Overview

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.

Overview

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.

Overview

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.

Overview

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.

Overview

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.

Overview

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.

Overview

Office Information

Get CTPF’s office hours, location, and directions, as well as a list of observed holidays.