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

June 7, 2018
MEABF In The News - Bond Buyer

Funding issues related to the MEABF were recently discussed in The Bond Buyer Magazine.

 

You may be required to register to view the article.

May 18, 2018
2017 Actuarial Report

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.

September 26, 2017
Public Act 100-0023

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.

Mission Statement

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.

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.