Municipal Employees Annuity and Benefit Fund of Chicago

Government Administration - Chicago, Illinois, United States

Municipal Employees Annuity and Benefit Fund of Chicago Details

The Municipal Employees'​, Officers and Officials Benefit Fund of Chicago ("Fund"​) was created in 1921 by the Illinois General Assembly. The Fund is a pension trust fund of the City of Chicago and is administered under Chapter 40, Act 5, Articles 1, 8 and 20 of the Illinois Compiled Statutes ("Statutes"​). The Fund is a defined benefit single-employer Fund. The Illinois State Legislature is the governing body that sets benefit levels, as well as employer and employee contributions.The current estimated value of the Fund's portfolio is $4.13 billion.The Fund has approximately 31,000 contributing members and administers benefits for over 21,000 annuitants, 4100 beneficiaries and 370 disabled members.

Municipal Employees Annuity and Benefit Fund of Chicago logo, Municipal Employees Annuity and Benefit Fund of Chicago contact details
Website: meabf.org
Employees: 11 - 50
HQ:
Location: Chicago, Illinois, United States
Revenue:
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