Everyone deserves a secure retirement, especially those who have devoted their careers to public service. That’s why the CTU, along with our parent federations, the Illinois Federation of Teachers (IFT) and the American Federation of Teachers (AFT), are all taking action at the state and federal level to challenge policies that threaten your retirement security.
CPS tried to use technical language to deprive Theresa Dzoga-Borg of the banked sick day pay she was owed upon retirement. CTU staff submitted a grievance on her behalf and pursued the issue all the way to arbitration, winning her a full payout.
Clear steps on how to access retirement money saved in a 403(b) Tax Deferred Annuity or a 457(b) Deferred Compensation Plan. Avoid pitfalls by contacting your vendor first.