Municipal Employees' Annuity and Benefit Fund of Chicago

A Pension Trust Fund of the City of Chicago

Annuity Calculator

Annuity Calculator

Annuity

Estimates are for members who qualify for Tier I benefits. Please contact the office if you are unsure of your status.

Please be advised the minimum requirements to receive a monthly annuity are:

age 50 with a minimum of 30 years of service 

age 55 with a minimum of 20 years of service

age 60 with any number of years of service at the time of resignation

However, if you are 60 or older with less than 10 years of service or under age 60 with less than 20 years of service, you will need to contact our office to obtain an estimate.

Annual 4 year average salary**
at time of retirement:

*Salary is required.

*Invalid format.
 
Years of service at time of retirement:

*Years is required.

*Must be a number.
 
Age at time of retirement:

*Age is required.

*Must be a number.
 
 
 
 
Estimated Monthly Annuity
based on inputted data above:
** Remember to use the salary rate for the highest four consecutive years of your last 10.
* Please note this figure is a projection based in the information you provided.
* The result posted above is prior to any deductions(gross).
* Your use of this calculator has no binding effect on MEABF.
Customer Service Phone Hours: Monday - Friday 8:00 AM until 4:00 PM (312) 236-4700