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

February 3, 2020
Meeting Date Change

In accordance with 5 ILCS 120/2.03 of the Illinois Open Meeting Act, notice is hereby given for a change to the 2020 regular meeting schedule of the Municipal Employees' Annuity and Benefit Fund of Chicago. The regular meeting previously called for Thursday, February 20, 2020, at 9:00 a.m. at the Fund office is being rescheduled to Friday, February 28, 2020. As of now, all remaining meeting dates remain the same.

Phishing Emails - Beware!

The Fund has received calls regarding emails being sent from the exchange @parabuilds.com, marketing services for members. These emails include imbedded links asking members to follow the link for more information.

 

These are phishing emails. Please do not click on any embedded links and delete these emails. 

 

The Fund does not market its services in this way and does not send emails from an exchange other than meabf.org.

 

January 29, 2020
City of Chicago Retirees - 2019 Healthcare Subsidy Reimbursement

The Circuit Court of Cook County has ordered that all eligible City of Chicago employee annuitants (both current and future employee annuitants, but not spousal or child annuitants) of the MEABF are entitled to receive a health insurance premium subsidy of $25 per month from the MEABF, representing a partial reimbursement for healthcare costs, for each month after December 31, 2016, in which they qualify.

 

Notices for members who qualify for a partial healthcare subsidy reimbursement for 2019, but have no record of participating in the current City of Chicago group healthcare plans or Labor group healthcare plan are being sent beginning Friday, February 7, 2019. 

 

Be on the lookout for notices in your mail and be sure to complete the enclosed form with all pertinent information, in order to get your 2019 reimbursement.

 

Per the Circuit Court's finding, City of Chicago retirees must participate in the current City-sponsored or Labor-sponsored healthcare plans and have deductions taken from their annuities in order to qualify for the reimbursement, effective January 1, 2020, and going forward.

January 23, 2020
Pre-Retirement Session - March 2, 2020

The MEABF has scheduled two pre-retirement sessions for the City of Chicago Tier 1 members (hired prior to January 1, 2011) who are interested in learning more about their City of Chicago retirement benefits.

 

Where:           321 North Clark Street, Suite 2400

Date:             Monday, March 2, 2020, 2020

Time:             9:30 a.m. - 12:30 p.m.

                     1:30 p.m. - 4:30 p.m.

 

Please contact the Fund at 312-379-2115 or 312-379-2103 in order to reserve your spot for one of these dates. Limit of 30 members per session, first come, first served.

January 14, 2020
City of Chicago Member Tier 1 Pre-Retirement Session

RETIREMENT SESSIONS FOR 2/12 AND 2/17 ARE FULL

The MEABF has scheduled two pre-retirement sessions for the City of Chicago Tier 1 members (hired prior to January 1, 2011) who are interested in learning more about their City of Chicago retirement benefits.

 

Where:           321 North Clark Street, Suite 2400

Date:              Wednesday, February 12, 2020

                      Monday, February 17, 2020

Time:              9:30 a.m. - 12:30 p.m.

 

October 1, 2018
Unclaimed Property - Inactive Members Over 70.5 Years Old

The MEABF is attempting to locate individuals aged 70½ years and older who have money remaining in the Fund. IRS Rules dictate that individuals who reach age 70½ must begin taking minimum distributions from retirement benefits.

 

A list of these individuals is located here.

 

If you or someone you know is on this list, call the Fund at 312-236-4700 and dial extension 7391 to speak with a Benefits Counselor.

Mission Statement

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. 

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.