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 REGULAR MONTHLY MEETING OF THE RETIREMENT BOARD OF THE MUNICIPAL EMPLOYEES’ ANNUITY AND BENEFIT FUND OF CHICAGO, SCHEDULED FOR THURSDAY, JANUARY 21, 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 JANUARY 21, 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 JANUARY 21, 2021 MEETING VIA AUDIO CONFERENCE. TO PARTICIPATE, PLEASE UTILIZE THE FOLLOWING TELEPHONE NUMBER: (888) 788-0099. USE THE FOLLOWING MEETING ID NUMBER: 812 9322 0591 PASSWORD:007145 IN ORDER TO BE ACCEPTED INTO THE AUDIO CONFERENCE.
The MEABF currently seeks qualified candidates for the position of Benefits Counselor. Please see the Fund's Careers Page for further information. This employment opportunity will be advertised though February 11, 2021.
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.