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.
The Retirement Board of MEABF recently accepted the following reports:
Click each link to review these documents.
In light of Governor Pritzker's extension of the State of Illinois Shelter in Place order through April 30, the MEABF will continue its remote work operations. Our members will not see any disruption in any annuity or disability payments during this time.
Staffing on site will be at a minimum, so walk-in appointments and/or document drop-offs will not be given access to the suite.
Thank you for your patience and please continue to look for updates on this website or our Facebook
The MEABF was notified of a Medicare scam in which the current COVID-19 pandemic is used as an excuse to obtain personal information from Medicare eligible members who obtain their health insurance through Blue Cross and Blue Shield of Illinois.
You can read the BCBS Notice here.
Due to the continuing efforts of MEABF staff to adhere to Governor Pritzker's "Shelter in Place" order, the Pension Verification project, scheduled to begin April 1, has been delayed. Further information regarding this project will be provided after Fund Offices open in mid-April.
Thank you for your patience and continued support of MEABF staff.
The Fund's most recent Pension Matters is available by clicking here. Hard copies are being printed and mailed by Friday, March 6.
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 for a partial healthcare subsidy reimbursement for 2019, but have no record of participating in the current City of Chicago group healthcare plans or Labor group healthcare plan are being sent beginning Friday, February 7, 2019.
Be on the lookout for notices in your mail and be sure to complete the enclosed form with all pertinent information, in order to get your 2019 reimbursement.
Per the Circuit Court's finding, City of Chicago retirees must participate in the current City-sponsored or Labor-sponsored healthcare plans and have deductions taken from their annuities in order to qualify for the reimbursement, effective January 1, 2020, and going forward.
The Fund has received calls regarding emails being sent from the exchange @parabuilds.com, marketing services for members. These emails include imbedded links asking members to follow the link for more information.
These are phishing emails. Please do not click on any embedded links and delete these emails.
The Fund does not market its services in this way and does not send emails from an exchange other than meabf.org.
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.