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.
Annual contribution statements for active members of the Fund will be mailed beginning Monday, April 16. If you have a question regarding your statement, please call the Fund at 312-236-4700, Ext. 7391.
The MEABF is participating in the City of Chicago's Civilian Retirement Seminar on May 15, 2018 at the City of Chicago Public Safety Headquarters 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.
MEABF of Chicago is looking for a Deputy Executive Director. Click here to find out more about this opportunity.
Click here will link you to Careers
The MEABF became aware of a typographic error made in the transcription of the most recent Pension Matters (v47).
The Investment Account Summary Total Contributions is $288 million, making the Ending asset value, December 31, 2017 $4,288 million.
We regret the error and have corrected the online version of Pension Matters.
We are excited to provide Pension Matters for our membership! Click here to be taken to our most recent publication.
We're on Facebook! Look us up and follow us for the most recent information about the Fund. Use @chimunipension to connect with our Facebook page and please share with any other members who would like to be in touch with what is happening with the Fund.
Public Act 100-0023, effective July 6, 2017, creates a third tier of participants in the MEABF of Chicago. Further information can be found here.
Our mission is to provide benefits for our members, and our goals are to provide excellent service and preserve the fiscal integrity and financial stability of the Fund.