Board of Trustees of the Public School Teachers' Pension and Retirement Fund of Chicago Regular Meeting
The meeting agenda includes public participation, roll call, and voting on trustee remote attendance. Key discussion topics involve the approval of the FY 2026 Actuarial Valuation, requests to grandfather certain non-teaching positions into the fund, the write-off of outstanding overpayments, and the approval of trustee training hours. The board will also review reports from the President, the Committee on Technology, the Committee on Pension Laws and Administrative Rules, and the Executive Director regarding strategic planning and investment governance. An executive session is scheduled to address litigation matters and internal control procedures.
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Board of Trustees of the Public School Teachers' Pension and Retirement Fund of Chicago Regular Meeting
The Board meeting addressed several key agenda items, including public concerns regarding member access to records and transparency of tax levy funds. The Board approved actuarial assumptions and recommendations for the FY 2026 valuation, following an educational session on pension funding. Training hours for trustees were approved, and the Executive Director provided updates on employer contributions, investment values, upcoming teacher trustee elections, and legislative outreach, including a planned presentation on methodology for investment-related expense oversight. Additionally, the Board discussed administrative policies, approved promotions for key leadership positions, reviewed draft statements of investment beliefs, and handled various pension, death benefit, and refund claims.
Aug 20, 2026·Board meeting
Board of Trustees of the Public School Teachers' Pension and Retirement Fund of Chicago Regular Board Meeting
The Board meeting included presentations from members of the public regarding pension advocacy and school funding. The Board approved remote attendance for specific trustees and a one-year extension to the ADP contract. Key agenda items included the adoption of the Health Insurance Committee's recommendations for 2027 Medicare plan carriers, renewals, and subsidies, as well as the approval of the IRC Section 415 testing policy and a Qualified Excess Benefit Arrangement (QEBA) plan. Legislative priorities for 2027 were discussed, and reports were reviewed from the Committee on Claims and Service Credits concerning pensions, death benefits, and refunds. An executive session was held to discuss litigation and internal control matters.
Aug 20, 2026·Board meeting agenda
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.
