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

July 13, 2021
INFORMATION REGARDING THE JULY 15, 2021 BOARD MEETING

DUE TO THE FACT THAT THE UNITED STATES SECRETARY OF HEALTH AND HUMAN SERVICES DECLARED THAT COVID-19 PRESENTS A PUBLIC HEALTH EMERGENCY AND GOVERNOR PRITZKER ISSUED A DISASTER PROCLAMATION IN RESPONSE TO COVID-19, THE INVESTMENT MEETING OF THE RETIREMENT BOARD OF THE MUNICIPAL EMPLOYEES’ ANNUITY AND BENEFIT FUND OF CHICAGO, SCHEDULED FOR THURSDAY, JULY 15, 2021 AT 9:00 A.M. WILL BE CONDUCTED BY AUDIO CONFERENCE. 

 

A QUORUM OF THE BOARD OF TRUSTEES OF THE FUND WILL PARTICIPATE IN THE MEETING VIA AUDIO CONFERENCE.  THE AGENDA OF THE JULY 15, 2021 MEETING WILL BE LIMITED TO FUND MATTERS THAT REQUIRE IMMEDIATE APPROVAL.  A VERBATIM RECORDING OF THE MEETING WILL BE MAINTAINED BY THE FUND.  

 

MEMBERS OF THE PUBLIC ARE ENCOURAGED TO PARTICIPATE IN THE JULY 15, 2021 MEETING VIA AUDIO CONFERENCE.  TO PARTICIPATE, PLEASE UTILIZE THE FOLLOWING: US TOLL-FREE 888 788 0099, 886 4673 1396  PASSWORD: 171133.

June 18, 2021
2020 Financial Reports

The Retirement Board of the Municipal Employees' Annuity and Benefit Fund of Chicago reviewd and accepted the following 2020 financial reports:

 

2020 Actuarial Valuation

 

2020 Financial Statement

 

Click on each to review their contents.

June 18, 2021
The MEABF is looking for an Independent Election Administrator

This Request for Proposal (“RFP”) is issued by the Municipal Employees’, Officers’ and Officials’ Annuity and Benefit Fund of Chicago (the “MEABF” or the “Fund”) to solicit proposals from respondents (“Firm” or “Respondent”), with the possibility of engaging a Respondent to assist with the MEABF’s annual Trustee Election.

 

Further information, including qualifications and the submission deadline can be found by clicking here.

February 5, 2021
Pension Matters v51

The Fund's Newsletter, Pension Matters, has been mailed to all active and retired members. You can see an electronic version by clicking here.

September 3, 2020
Abridged 2019 CAFR

MEABF's 2019 Abridged CAFR has been completed and is being mailed to all active and retired members of the Fund. You can also see this document online by clicking here.

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.