The PSTPRF of Chicago administers pension and other benefits for certificated employees of Chicago public schools and charter schools.
Chicago Public School Teachers Pension and Retirement Fund Basics, by Plan
Plan |
Assets (millions) |
Total Members |
Chicago Teachers |
12,118.5 |
66,245 |
Other Plans |
0.0 |
0 |
Total |
12,118.5 |
66,245 |
Source: Public Plans Database (as of 2023)
Note: Chicago Public School Teachers Pension and Retirement Fund has 0 other plans.
Assets
Assets at Year-End
Chicago Public School Teachers Pension and Retirement Fund
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
10.1 |
2002 |
9.3 |
2003 |
9.2 |
2004 |
10.2 |
2005 |
10.8 |
2006 |
11.4 |
2007 |
12.8 |
2008 |
11.4 |
2009 |
8.4 |
2010 |
8.9 |
2011 |
10.3 |
2012 |
9.4 |
2013 |
9.7 |
2014 |
10.8 |
2015 |
10.7 |
2016 |
10.1 |
2017 |
10.8 |
2018 |
11.1 |
2019 |
11.0 |
2020 |
10.9 |
2021 |
13.4 |
2022 |
11.8 |
2023 |
12.1 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
Chicago Public School Teachers Pension and Retirement Fund |
US State and Local Pensions |
2001 |
2.2 |
2.4 |
2002 |
2.1 |
2.3 |
2003 |
2.0 |
2.2 |
2004 |
1.9 |
2.1 |
2005 |
1.8 |
2.1 |
2006 |
1.6 |
2.0 |
2007 |
1.4 |
2.0 |
2008 |
1.3 |
1.9 |
2009 |
1.3 |
1.9 |
2010 |
1.4 |
1.8 |
2011 |
1.2 |
1.7 |
2012 |
1.2 |
1.6 |
2013 |
1.1 |
1.5 |
2014 |
1.1 |
1.4 |
2015 |
1.1 |
1.4 |
2016 |
1.0 |
1.4 |
2017 |
1.0 |
1.4 |
2018 |
1.0 |
1.3 |
2019 |
1.0 |
1.3 |
2020 |
1.1 |
1.3 |
2021 |
1.1 |
1.2 |
2022 |
1.1 |
1.2 |
2023 |
1.2 |
1.2 |
2023 Membership for Chicago Public School Teachers Pension and Retirement Fund
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
31,824 |
27,474 |
6,947 |
66,245 |
70 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Chicago Public School Teachers Pension and Retirement Fund
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
-286.3 |
10,111.5 |
2002 |
-420.6 |
9,287.7 |
2003 |
-396.9 |
9,203.3 |
2004 |
-437.0 |
10,244.3 |
2005 |
-502.0 |
10,777.9 |
2006 |
-543.9 |
11,387.5 |
2007 |
-562.7 |
12,772.6 |
2008 |
-595.3 |
11,438.5 |
2009 |
-598.1 |
8,376.0 |
2010 |
-536.0 |
8,947.5 |
2011 |
-758.0 |
10,312.8 |
2012 |
-837.8 |
9,437.3 |
2013 |
-937.6 |
9,674.2 |
2014 |
-543.6 |
10,815.7 |
2015 |
-508.4 |
10,690.0 |
2016 |
-570.2 |
10,093.1 |
2017 |
-553.3 |
10,793.2 |
2018 |
-586.6 |
11,104.8 |
2019 |
-581.2 |
11,038.8 |
2020 |
-542.1 |
10,937.1 |
2021 |
-501.6 |
13,373.0 |
2022 |
-487.2 |
11,764.9 |
2023 |
-598.2 |
12,118.5 |
2023 Cash Flows for Chicago Public School Teachers Pension and Retirement Fund (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
1,031.8 |
1,630.0 |
951.8 |
353.6 |
Cash Flow as a Percentage of Assets
Chicago Public School Teachers Pension and Retirement Fund
2001-2023
Fiscal Year |
Chicago Public School Teachers Pension and Retirement Fund |
National Average |
2001 |
-2.8 |
-2.1 |
2002 |
-4.5 |
-2.0 |
2003 |
-4.3 |
-2.5 |
2004 |
-4.3 |
-2.0 |
2005 |
-4.7 |
-2.2 |
2006 |
-4.8 |
-2.2 |
2007 |
-4.4 |
-2.1 |
2008 |
-5.2 |
-2.3 |
2009 |
-7.1 |
-3.1 |
2010 |
-6.0 |
-3.2 |
2011 |
-7.4 |
-3.1 |
2012 |
-8.9 |
-3.3 |
2013 |
-9.7 |
-3.1 |
2014 |
-5.0 |
-2.9 |
2015 |
-4.8 |
-2.8 |
2016 |
-5.6 |
-3.0 |
2017 |
-5.1 |
-2.9 |
2018 |
-5.3 |
-2.6 |
2019 |
-5.3 |
-2.6 |
2020 |
-5.0 |
-2.4 |
2021 |
-3.8 |
-2.1 |
2022 |
-4.1 |
-2.1 |
2023 |
-4.9 |
-2.1 |