Popular Annual Financial Report Released
The Chicago Teachers’ Pension Fund (CTPF) Board of Trustees has released its 2018 Popular Annual Financial Report (PAFR) which includes a summary of key information from the 2018 Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2018.
“CTPF operates as a transparent organization, routinely publishing and sharing the Fund’s financial and operational information with our members and stakeholders. We are good stewards of public funds, and are pleased today to share our annual PAFR for the year ending June 30, 2018,” said Charles A. Burbridge, CTPF Executive Director. The PAFR is an easy-to-read synopsis of our 2018 CAFR.”
Highlights from the PAFR include:
- A condensed view of CTPF’s audited financial statements.
- An overview of the Fund’s investment performance including information about CTPF’s ongoing commitment to diversity.
- A review of CTPF’s funding history detailing the pension holidays and underfunding which have impacted CTPF’s funded ratio.
- A CTPF “By the Numbers” section which highlights the Fund’s service to members.