Board of Trustees of the Public School Teachers' Pension and Retirement Fund of Chicago Regular Meeting
The board meeting focused on several key items, including the approval of a one-year extension for the ADP contract and the selection of carriers for 2027 Medicare Advantage plans. Discussions also included reports on the fiscal year budget, trustee training, pension laws, and administrative rules. Additionally, the board addressed the approval of various committee reports and a resolution regarding Cook County's Property Tax Bridge Fund to ensure timely receipt of funds.
Aug 6, 2026
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Board Of Trustees Of The Public School Teachers' Pension And Retirement Fund Of Chicago Health Insurance Committee Meeting
The committee reviewed the final renewal presentation for January 1, 2027, covering rate actions and renewals. Discussions included a forecast analysis of health insurance expenditures, evaluations of the premium subsidy impact on member costs, and recommendations for renewal rates for the upcoming calendar year.
Jun 30, 2026·Board meeting
Board of Trustees of the Public School Teachers' Pension and Retirement Fund of Chicago Health Insurance Committee Meeting
The meeting covered legislative updates regarding retiree health insurance reimbursement caps and the status of Medicare Supplement plans. The committee analyzed proposals for Group Medicare Advantage plans effective 2027 and recommended the retention of specific carriers for PPO and HMO plans based on evaluation committee results. Additionally, the committee reviewed a proposed two-year contract extension for Express Scripts, which is projected to generate significant cost savings for the Fund.
Mar 19, 2026·Board meeting
Board Of Trustees Of The Public School Teachers' Pension And Retirement Fund Of Chicago Regular Meeting
The Board meeting agenda includes a resolution honoring the Retired Teachers Association of Chicago on its 100th anniversary, a resolution expressing gratitude to the Illinois Attorney General for pension fund fraud prosecution, and approvals for infrastructure master service agreements and licensing renewals. Discussion topics feature reports from the committees on claims and service credits, investments, and finance, as well as a financial secretary report on aging and cashflow. The executive director report covers health insurance survey results and ethics training, while the legislative report addresses lobbyist activities. Additionally, the Board plans to consider trustee conference approvals, FOIA reports, and various administrative matters in executive session.