Market Volatility Update

CTPF Pensions are Secure
News

The Novel Coronavirus, now known as COVID-19
 poses health risks but is also an economic threat. Stocks
have declined for the past week, and there will likely be
continued uncertainty moving forward.  

With the current volatility in the financial markets, members may
be concerned about the security of their pension. CTPF
pensions are secure.
When members vest, they qualify for
a lifetime pension, guaranteed by the Illinois Constitution.
Pensions are determined by a formula, and do not change with
market conditions.

CTPF utilizes professional fund managers to implement the Fund’s investment policy, designed
to obtain the highest expected return on investments with an
acceptable level of risk. While market volatility may be
upsetting, it’s important to recognize that CTPF invests
prudently in a diversified portfolio designed to weather market
volatility over the long term.

We are closely monitoring developments and implications with
regard to our investments during this uncertain time. We will
continue to update members via all of our communication
modalities.

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