Coronavirus (COV-19) update.

Updated September 1, 2020

How are pension benefits paid for?

Benefits are paid by the Retirement Plan for CTA Employees. The Pension Fund has assets of approximately $1.7B, as of January 1, 2012. Income to the Fund includes investment earnings and contributions paid by the Authority and withheld from employees' earnings. Currently, the CTA contributes 26.647% of earnings and employees contribute 13.324% of earnings.