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Updated July 12, 2021

How are pension benefits paid for?

Benefits are paid from the assets of the Retirement Plan for CTA Employees.

The Plan has assets of approximately $2.0 Billion as of January 1, 2021. The Plan is funded by investment earnings on its assets and by Employer and Employee contributions from the CTA and CTA employees.

Currently, the CTA contributes 26.647% of employee earnings and employees contribute 13.324% of earnings.