Retirement Plan

History of the Plan

The Retirement Plan for Chicago Transit Authority Employees, originally negotiated for members of Divisions 241 and 308 of the Amalgamated Association of Street, Electric Railway, and Motor Coach Employees of America, was extended to all other eligible employees by action of the Chicago Transit Board on December 28, 1949.

On October 1, 1952, the Chicago Motor Coach Company was purchased by the Chicago Transit Authority and the employees of the Chicago Motor Coach Company were added to the Plan on January 1, 1953.

Retirement Plan in detail

Details of the Retirement Plan have been outlined on the Plan Summary Page.

Alternatively, download a PDF version here.