Ctpf form 2025

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The document outlines the procedures and regulations for Chicago Teachers' Pension Fund (CTPF) retirees who wish to return to work for the Chicago Board of Education or a Chicago Charter School. It specifies that retirees must not exceed certain re-employment limits regarding days worked, hours, and compensation to avoid cancellation of pension benefits and health insurance subsidies. Retirees are required to file a notice (Form 770) with CTPF before returning to work and must adhere to statutory limits on employment duration and earnings.

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2014	4.8 Satisfied (122 Votes)

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How long do you have to work in Chicago public schools to get a pension?

Benefits under public pension plans are typically based on a combination of age and years of service. Under normal retirement eligibility requirements, Chicago teachers qualify for full pension benefits at age 67 with 10 years of service.

What are the benefits of CPS pension?

The CPS Energy Pension Plan provides a monthly retirement benefit that is determined by a formula that considers age, years of service, average monthly compensation, and a Social Security offset. All full-time employees, who are at least age 21, contribute 5% of their pay after completing one full year of employment.

How do I change my address with the Chicago Teachers pension Fund?

CTPF Retirees and Inactive Members will need to complete and return CTPF Form 107 to change their address. Contact CTPF Member Services at 312-641-4464 to request the form. All address changes for Active CTPF Members are reported through the Employers. Im calling to receive information on my pension.

How do I find my CTPF member ID?

Member ID. You will find your unique Member ID at the top left of your Member Statement, under Personal Data. You may use either your Member ID or the last four digits of your social security number as an identifier when calling or writing to CTPF.