Thinking about your future retirement? Your pension is an important part of your future retirement security. Chicago Teachers’ Pension Fund (CTPF) members earn a guaranteed pension for life, based on your tier level, final average salary, CTPF years of service, and a pension multiplier (currently 2.2% for service earned on July 1, 1998 or after). CTPF offers a pension calculator which can give you a general estimate of what your pension income would look like. Enter your basic information including the date you first contributed to CTPF or a qualified reciprocal system, your age and final average service at retirement, years of service and age at retirement and the calculator will give you an idea of what your future retirement income could look like. Find out why the CTPF Retirement Calculator is consistently the most popular page on our website.