News, Opinions, Resources, Archives &
Forms
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Legislation
and Advocacy
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Workshops,
Calendar of Meetings, Events, Activities and
Opportunities
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(Mouse over these options to see the drop down
menus-more details are here.)
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Remember, RTAC is YOUR
independent voice for pension protection and enhancement.
We are NOT part of the Chicago Public Schools nor the Chicago
Teachers Union. We work with but are NOT a part of
the Chicago Teachers Pension Fund.
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IMPORTANT NOTES:
Meet the newly elected
RTAC Directors for the 2023-2024 term here.
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The Schedule of Fall 2022
RTAC Seminars is available here.
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IMPORTANT
2023 CTPF MEDICARE open enrollment webinar information
is here
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RTAC is YOUR voice as an independent
organization dedicated to protecting and enhancing YOUR
pension.
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Read about and contribute to our 'Legal
Defense Fund' here.
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Photos
from our 93rd Annual Fall Luncheon are Here.
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To contact the Webmaster: Click here.
See a history
of RTAC's actions and involvement for the benefit of ALL
retirees here.
See the
2022 Economic Impact of your Pension here.
BEWARE
OF THE RE-EMPLOYMENT LIMIT
If you decide to return to work within the
Chicago Public School system, there are VERY STRICT
limits as to how many days you may work. Going over by
as little as ONE DAY can jeopardize YOUR ENTIRE PENSION.
It is YOUR responsibility to keep accurate
track of the time/days you work for CPS!
For more information see this CTPF
website page.
HELP RTAC HELP YOU!!!
PLEASE join our RTAC-ALERT
Network. Members get the FASTEST UPDATES on pending
legislation, often on the same day that events occur. Just
click on RTAC-ALERT Network
and give your name, e-mail address and zip code (this is to verify
your RTAC membership). THE ONLY OBLIGATION IS YOUR PROMISE TO MAKE
CONTACT WITH LEGISLATORS, if requested, on behalf of retired
Chicago Public School teachers. The Alert Network's fast and
massive responses have already earned the respect of legislators
throughout the state, and constitute our first line of defense.
Join NOW! Your help is urgently needed!
Remember too that EVERY
contribution to RTAC COPE will help gain our objectives! Like
it or not, MONEY TALKS – and, unfortunately, so does the
absence of it!
Legislation That Needs Your Support if You Receive
Social Security
Federal GPO-WEP Social Security Fairness
legislation - March 2021 - New Legislation Introduced to
Remove the Social Security Offset! Details here.
Last update 3/30/21
Know a Fellow Retiree
in Financial Difficulties?
Check the Aid Fund
website - crtaf.org.
Fun things are here.
(If a frog double
parked, would it be toad?)
Humorous (but true??)
Cartoons are here.
Check your birth year
for interesting information here.
(Enter
your birth year, click the question mark
and then sit back and watch.)
Useful household products are here.
(Are there other uses for Preparation
H?)
Defined Benefits vs. Defined
Contributions
Currently we have a defined benefit
retirement plan where we are guaranteed our benefits for
life. If some legislators get their way, new employees
will work under a defined
contributions retirement plan where the benefits are
based entirely on how much was contributed.
Read an analysis of Public Pensions by the Center for Tax and Budget
Accountability -- here.
If
you would like to see how much you would have needed to
contribute to a retirement fund to enjoy your current pension,
click
here and enter some data. Be aware that the
projected total you have in your account when you retire must
last for life
- i.e. if your retirement account has $1,000,000 in it when
you retire and you expect to live another 20 years, you can
only withdraw $50,000 per year and the balance will continue
to decrease until your account is completely depleted and you
have nothing left to live on.
Looking for something to do?
Check out our EVENTS page.
The EVENTS page lists events of interest to all
CPS teachers, active as well as retired.
The Events page contains direct links to over 100
area entertainment venues!
You might
also like to check our VOLUNTEER,
JOBS and OTHER
OPPORTUNITIES pages.
For information and updates from the Chicago
Teachers Pension Fund, click here.
Click
here to see a list of delinquent Charter Schools.
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