The Illinois Senate congratulates the Chicago Teachers' Pension Fund on its 130th anniversary.
The Illinois Senate congratulates the Chicago Teachers' Pension Fund (CTPF) on its 130th anniversary. The resolution highlights the Fund's history, its role in providing financial security for teachers, and its achievements in financial stewardship. CTPF, established in 1895, has grown to serve over 96,000 members, including 33,000 active members and 27,350 annuitants. The Fund has achieved a long-term, 35-year rate of return of 8.34%, exceeding its target of 6.5%, and has invested $6.5 billion with Minority, Women, and Disadvantaged-Owned Business Enterprises.
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