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.
In accordance with 5 ILCS 120/2.03 of the Illinois Open Meetings Act, notice is hereby given for a change to the 2018 regular meetings schedule of the Municipal Employees’ Annuity and Benefit Fund of Chicago. The meeting previously called for Thursday, August 23, 2018, at 9:00 a.m. at the Fund office has been changed to Wednesday, August 22 at 9:00 a.m. at the Fund office, 321 North Clark Street, Suite 700, Chicago, Illinois.
The MEABF is participating in the City of Chicago's Civilian Retirement Seminar on August 22, 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.
The 2017 Abridged CAFR Report is scheduled to be mailed by July 31, 2018. An electronic version of the report can be accessed here.
The 2017 Comprehensive Annual Financial Report ("CAFR") is now available on the Fund's website. Click here to review the CAFR.
The 2017 Audit of Fund Financials was presented to the Board of Trustees on Thursday, June 21. To review the report, please click here.
Funding issues related to the MEABF were recently discussed in The Bond Buyer Magazine.
You may be required to register to view the article.
At the Board of Trustee's Regular Meeting on Thursday, May 17, 2018, the Fund's Actuarial Consultants, Segal Consultants, presented the 2017 Actuarial Report. You can find a copy of the full report here. An abridged presentation of the Actuarial Report can be accessed 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.