The Chicago Retired Teachers Aid Fund
donors listed here
over $8,500 in 2013. The Fund also received three legacy bequests
in 2013 totaling more
than $9,000. These contributions enabled CRTAF to provide 20+
grantees with varying amounts of grants-in-aid to retired Chicago
public school educators with modest pensions. (See a couple of examples below
.) As of June 2012, data from the
Chicago Teachers Pension Fund shows that there are over 3,500
pensioners whose pensions are less
than $1,500 per month
before taxes and health insurance
deductions. A substantial number of these retirees dedicated
themselves to the education of Chicago’s youth for 30 or more years.
Currently, the average life expectancy is age 85½. These
individuals retired 20 or more years ago and have considerably lower
pensions than our more recent retirees. Some are facing serious health
challenges which consume a greater portion of their income. Others have
experienced other difficult circumstances which have impaired their
ability to meet their daily needs without assistance.
The Chicago Retired Teachers Aid Fund appreciates all donations – large
and small. We are especially grateful to the estates of Eva
Archer, Janet Koziol, and Ronald Pastryk whose final bequests helped
CRTAF make it possible to provide modest amounts of supplementary
assistance to some of our former colleagues.
You can help continue the initiative started by our RTAC predecessors
who established the Chicago Retired Teachers Aid Fund, Inc. in 1986 by:
1) encouraging anyone who might qualify for some
modest assistance, to complete a CRTAF Grant-in-Aid Application (the
form is located here
2) make a gift to the Chicago Retired Teachers Aid
Fund, Inc. when the spirit moves you (the contribution form is here
3) include a legacy bequest to CRTAF as you consider
how you wish to disseminate your estate following your transition.
CRTAF Inc. is a 501 (c3) tax exempt charitable organization. All gifts
to CRTAF, Inc. are tax deductible.
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