PSRPs in CPS earn pensions through the Municipal Employees Annuity and Benefits Fund of Chicago. The Chicago Teachers Union Pension/Insurance Committee partnered with the MEABF to present an educational workshop and webinar for active members. Visit the MEABF website at meabf.org. Join the Pension/Insurance Committee at ctulocal1.org/committees. June’s pre retirement session and webinar included the following topics: 1. Pensions, 2. Refunds, 3. Retirement Systems with Reciprocity, 4. Annual Annuity Increase, 5. Surviving Spouse’s Annuities, 6. Disability Benefits, 7. How to Calculate a Formula Pension, and 8. Question and Answer Period…(read more)
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