The Board of Trustees has published the 2018 Abridged Comprehensive Annual Financial Report (the "CAFR"). This document is being mailed to all active and retired members of the MEABF.
Please read this document carefully as it contains crucial information regarding your pension's current funding status.
You can find the 2018 Abridged CAFR here.
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.
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.
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It has come to our attention that information obtained legally from the Fund through the Illinois Freedom of Information Act, is being utilized in solicitation of services by private, third party vendors. These vendors may be representing that personal information was provided by the Fund and that the Fund is aware of and condones their business practices. Although Illinois Law requires disclosure of information regarding our members which includes names, age, retirement date, annuity amount, final employer, title at retirement, credited service, current title, current reported salary and current employer, the Fund never discloses personal, private information including addresses, phone numbers, email addresses or beneficiary information.
Please note that the Fund does not endorse any products or authorize outside entities to contact members on its behalf.
Should you have any questions regarding this policy, please contact the Fund at 312-236-4700.