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 MEABF became aware of a typographic error made in the transcription of the most recent Pension Matters (v47).
The Investment Account Summary Total Contributions is $288 million, making the Ending asset value, December 31, 2017 $4,288 million.
We regret the error and have corrected the online version of Pension Matters.
The Retirement Board of the Municipal Employees' Annuity and Benefit Fund of Chicago is requesting proposals from qualified firms interested in providing active core fixed income investment management services. The requirements and RFP document can be found on the Fund's Procurement page or by clicking here.
We're on Facebook! Look us up and follow us for the most recent information about the Fund. Use @chimunipension to connect with our Facebook page and please share with any other members who would like to be in touch with what is happening with the Fund.
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.
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.