The $10.8B dollar pension fund for Chicago teachers and retirees, locked in years of legal battles with the city and state of Illinois, is calling on PR firms to develop a media relations strategy for local, regional and national outreach.
The Chicago Teachers Pension Fund counts more than 63,000 teacher-members and pays out more than $1B in benefits annually. It has tussled with the city of Chicago and state of Illinois over unfunded contributions and the parties are in litigation over past underpayments. CTPF's funding ration is a paltry 49.5%.
The Fund anticipates a two-year contract to support its two-person in-house communications staff.
Proposals are due Sept. 1.
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