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.
DUE TO THE FACT THAT THE UNITED STATES SECRETARY OF HEALTH AND HUMAN SERVICES DECLARED THAT COVID-19 PRESENTS A PUBLIC HEALTH EMERGENCY AND GOVERNOR PRITZKER ISSUED A DISASTER PROCLAMATION IN RESPONSE TO COVID-19, THE INVESTMENT MEETING OF THE RETIREMENT BOARD OF THE MUNICIPAL EMPLOYEES’ ANNUITY AND BENEFIT FUND OF CHICAGO, SCHEDULED FOR THURSDAY, MARCH 4, 2021 AT 9:00 A.M. WILL BE CONDUCTED BY AUDIO CONFERENCE.
A QUORUM OF THE BOARD OF TRUSTEES OF THE FUND WILL PARTICIPATE IN THE MEETING VIA AUDIO CONFERENCE. THE AGENDA OF THE MARCH 4, 2021 MEETING WILL BE LIMITED TO FUND MATTERS THAT REQUIRE IMMEDIATE APPROVAL. A VERBATIM RECORDING OF THE MEETING WILL BE MAINTAINED BY THE FUND.
MEMBERS OF THE PUBLIC ARE ENCOURAGED TO PARTICIPATE IN THE MARCH 4, 2021 MEETING VIA AUDIO CONFERENCE. TO PARTICIPATE, PLEASE UTILIZE THE FOLLOWING: US TOLL-FREE 888 788 0099, MEETING ID 863 3525 0241, PASSWORD: 311882.
The MEABF is looking for qualified candidates to fill the position of Administrative Services Clerk. You can find the job description and instructions on how to apply here.
This position will remain open until filled.
The Fund's Newsletter, Pension Matters, has been mailed to all active and retired members. You can see an electronic version by clicking here.
MEABF's 2019 Abridged CAFR has been completed and is being mailed to all active and retired members of the Fund. You can also see this document online by clicking 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.