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.

Recent News

August 13, 2019
City of Chicago Retirees Health Insurance Subsidy Reimbursement Notification

The Circuit Court of Cook County has ordered that all eligible City of Chicago employee annuitants (both current and future employee annuitants, but not spousal or child annuitants) of the MEABF are entitled to receive a health insurance premium subsidy of $25 per month from the MEABF, representing a partial reimbursement for healthcare costs, for each month after December 31, 2016 in which they qualify.

 

Notices for members who qualify, and have a record of participating in the current Blue Cross Blue Shield or AETNA group healthcare plans are being sent notices regarding the healthcare subsidy reimbursement beginning Wednesday, August 14, 2019. 

 

If you receive a notice and have any questions, please call the Fund at 312-236-4700 and a representative will assist you.

August 2, 2019
City of Chicago Retirees Health Insurance Subsidy Reimbursement Notification

The Circuit Court of Cook County has ordered that all eligible City of Chicago employee annuitants (both current and future employee annuitants, but not spousal or child annuitants) of the MEABF are entitled to receive a health insurance premium subsidy of $25 per month from the MEABF, representing a partial reimbursement for healthcare costs, for each month after December 31, 2016 in which they qualify.

 

Notices for members who qualify, but have no record of participating in the current City of Chicago group healthcare plans are being sent beginning Friday, August 2, 2019. 

 

Additional notifications to qualified City of Chicago employee annuitants who participated in the current City of Chicago group healthcare plans will be mailed no later than August 15, 2019.

 

If you receive a notice and have any questions, please call the Fund at 312-236-4700 and a representative will assist you.
 

July 23, 2019
Request for Proposal - Pension Administration System

The Board of Trustees of the Municipal Employees' Annuity and Benefit Fund of Chicago ("MEABF") is requesting proposals from qualified firms interested in providing a comprehensive Pension Administration System ("PAS") for the MEABF. 

 

Information regarding qualifications can be found here.

July 23, 2019
Unclaimed Property

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.

July 15, 2019
Pension Matters

The newest Pension Matters is here! You can catch up on the latest news at the Fund by clicking here.

June 21, 2019
2018 Audit Report

At the Fund's most recent Board Meeting, held on June 20, 2019, the Fund's Auditors, Bansley & Kiener presented the most recent audit report. You can find the report here.

May 29, 2019
2018 Actuarial Report

At the Board of Trustee's Regular Meeting on Thursday, May 23, 2019, the Fund's Actuarial Consultants, Segal Consultants, presented the 2018 Actuarial Report. You can find a copy of the full report here. An abridged report can be seen here.

April 25, 2019
Annual Signature Verification Forms for MEABF Annuitant Members

The process for mailing the annual Signature Verification Forms has changed in 2019. In order to more efficiently serve our annuitant members, the following mailing schedule will occur:

 

If your last name begins with A–G, your form will be mailed in April 2019 and you must return completed forms by June 1, 2019.

 

If your last name begins with H–O, your form will be mailed in June 2019 and you must return completed forms by August 1, 2019.

 

If your last name begins with P–Z, your form will be mailed in August 2019 and you must return your form by October 1, 2019

 

Although the MEABF began the Signature Verification process for our retired members voluntarily, the Illinois General Assembly codified this requirement for all Illinois Government Pension Funds in 2016.

March 7, 2019
Instructional Videos

The MEABF wants to assist our members and make the application process as painless as possible. We are developing instructional videoes to assist members with finalizing various applications for submission. Click here to see the first video tutorial regarding the Refund Application.

 

We look forward to bringing more videos with other helpful information, including our Retirement Seminar and information regarding disability benefits, to our members.

October 1, 2018
Unclaimed Property - Inactive Members Over 70.5 Years Old

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.

Mission Statement

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. 

Thinking About Retiring?

The annuity calculator allows you to enter data to calculate an unofficial projection of your estimated Municipal Employees' Annuity and Benefit Fund (MEABF) retirement benefit.

Have You Returned to Work or Are You Considering Returning to Work?

Annuitants currently collecting a pension from the MEABF may not return to work for an employer who contributes to the MEABF in any capacity.Please contact the Fund's Annuitant Services team immediately if you have returned to work or if you have questions.

Life Events

All Active, Retired and Surviving Spouse Members:

As life events occur: relocations, marriages, births, deaths, divorce, etc., you should keep the Pension Fund updated of any and all changes. This is to assure you received news, updates and/or tax forms in a timely fashion.

Are You Unable to Work Due to Injury or Illness?

If you are unable to work due to injury or illness, remember that you may qualify for Ordinary or Duty Disability Benefits. Click here to download the Fund's Disability Handbook, find out which benefit you may qualify for and how to apply.