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

October 22, 2018
2018 MEABF Trustee Election

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.

 

 

October 17, 2018
2018 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.

October 12, 2018
2018 Trustee Election - Candidate Statements

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.

October 10, 2018
IT Risk Functional Assessment Request for Information ("RFI")

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.

October 9, 2018
City of Chicago - Civilian Retirement Seminar

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.

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.

October 1, 2018
Pension Matters v48

The Fund's most recent volume of "Pension Matters" is available for review in the Publications tab, or by clicking here.

September 12, 2018
MEABF Annual Rolling Rates of Return

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.

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.