After dedicating your teaching career to the students of the City of Chicago, your retirement should be all about you. CTPF is dedicated to providing our retired members with a secure retirement benefit and the information you need to be able to enjoy your retirement to its fullest.
The Chicago Teachers’ Pension Fund (CTPF) is a defined benefit retirement plan which provides a lifetime retirement benefit to vested members who meet minimum age and service requirements. For detailed information about retirement benefits and eligibility requirements, download the information sheet.
The Chicago Teachers’ Pension Fund (CTPF) is pleased to offer health insurance benefits to retirees, survivors, and their eligible dependents. Learn more about eligibility requirements, the enrollment process, available plans, and more below, or download the Health Insurance Handbook for complete health insurance information.
The 2021 Open Enrollment Period for health insurance will be October 1- October 31, 2020. Plan changes made during Open Enrollment become effective January 1, 2021.
All health plans offered in 2020 will be offered in 2021. Members currently enrolled in CTPF plans DO NOT need to take any action to stay enrolled.
A CTPF service retirement pension, disability pension, or duty disability pension may be statutorily canceled, under certain circumstances, in accordance with the Illinois Pension Code (40 ILCS 5/17-149 and 149.1).
A third party cannot receive information about a CTPF member, survivor, or beneficiary’s account or make any changes to a member’s account without the proper authorization. The member, survivor, or beneficiary must remain the payee on the account, in accordance with the Illinois Pension Code.