Welcome to MEABF.org
We take care of the people who take care of Chicago.
MEABF is a defined benefit, single employer benefit plan that was established in 1921 by an act of the Illinois General Assembly to provide disability and retirement benefits to qualified employees of the City of Chicago and the Chicago Board of Education. Our sole purpose is to pay earned benefits to our members, which is funded by a combination of member contributions, taxes levied by the City of Chicago, and investment earnings from Plan reserves. MEABF is a component unit of the City of Chicago, and as such, is included in the City of Chicago's financial statements as a pension trust fund.
The online voting website is now open and votes may be cast for the 2018 Trustee Election. You can click the following link to access the voting website:
https://meabfofchicago.simplyvoting.com/ Login information was mailed to active employee participants on October 16.
Candidate statements can be viewed here.
If you have any issues accessing the online voting website or you are an active employee participant of the Fund, and you have not received instructions on how to vote, you can call (312) 236-4700, press 9. This hotline will be staffed from 8:00 a.m. - 4:30 p.m., Monday, October 22 through Thursday, October 25.
Thank you for participating in the 2018 MEABF Trustee Election.
The materials for the 2018 Trustee Election were mailed to active employee participants on October 16, 2017. Candidate profiles can be viewed here.
Active members may either mail-in a ballot or vote online.
Mail-in ballots must be postmarked by October 26, 2018, in order to be counted. Online voting begins at 6:01 a.m. on October 22 and will be active until 6:00 p.m., Friday, October 26.
The 2018 MEABF Trustee Election Hotline is (312) 236-4700, press 9. This hotline will be staffed 8:00 a.m.- 4:30 p.m., beginning Monday, October 22 through Thursday, October 26.
Ballots will not be accepted if dropped at the Fund offices.
Unfortunately, annuitants are not eligible to vote in the Trustee Election.
Candidate Statements are available on the Fund's Election page.
Remember, the 2018 Trustee Election will occur October 22-26, 2018. Look for voting instructions in the mail after October 16, 2018.
The Retirement Board of the Municipal Employees' Annuity and Benefit Fund of Chicago is requesting information from qualified firms interested in providing an assessment of the Fund's current IT system. Please review and complete the following documents. Necessary guidelines, requirements and contacts can be found in the RFI document. This RFI will remain open until further notice.
You can see the RFI here.
The MEABF is participating in the City of Chicago's Civilian Retirement Seminar on November 14, 2018, at the City of Chicago Public Safety Building located at 3510 South Michigan Avenue.
This seminar is for City of Chicago employees only.
If you are interested in attending, please coordinate through your department's human resources representatives.
The MEABF is attempting to locate individuals aged 70½ years and older who have money remaining in the Fund. IRS Rules dictate that individuals who reach age 70½ must begin taking minimum distributions from retirement benefits.
A list of these individuals is located here.
If you or someone you know is on this list, call the Fund at 312-236-4700 and dial extension 7391 to speak with a Benefits Counselor.
The Fund's most recent volume of "Pension Matters" is available for review in the Publications tab, or by clicking here.
MEABF has invested during many market cycles over time. Nobody has a crystal ball to foretell the future and history may not repeat itself, but in reviewing rolling return time periods, our average rolling returns have outperformed the assumed rate of return. The annualized historical returns of MEABF over the last 30 years can be found here.
Our mission is to provide benefits for our members by providing excellent customer service to our members and preserving the fiscal integrity and financial stability of the Fund.