Chicago Teachers' Pension Fund

Established by the Illinois state legislature in 1895, the $13.1 billion Chicago Teachers' Pension Fund is the oldest pension fund in Illinois. The Fund manages assets for more than 90,000 members and administers pension and health insurance benefits to nearly 28,000 annuitants. About 91% of CTPF members, including 83% of annuitants, live in Illinois. CTPF makes $1.4 billion in annual pension payments in Illinois, which help generate $2.0 billion in total economic impact and supports more than 13,200 jobs in the State.