WebChicago Teachers' Pension Fund (CTPF) members enjoy a guaranteed pension for life, based on your tier level, final average salary, CTPF years of service, and a pension multiplier (currently 2.2% for service earned on July 1, 1998 or after). The calculator below can help you estimate your monthly CTPF pension income at retirement. WebChicago has six public pension funds: four city-run funds for police, fire, laborers and municipal workers and two sister funds for teachers and park district workers. The information below is comprised of data from all four city-run funds. The graphics below are based on data from the Commission on Government Forecasting and Accountability.

Commission to Strengthen Chicago

WebMEABF 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. meabf.org WebIn addition to City employees, non-instructional employees of the Chicago Public Schools (District 299) are also members of MEABF; they constitute approximately one half of MEABF’s membership. Hereinafter, unless the context clearly indicates otherwise, references to "members" of MEABF include the Public Schools members, and … clip art smiles free

MEABF

WebMEABF Contributions FY2024 was the first year that CPS absorbed some of the costs associated with its non-teaching employees covered by the Municipal Employees’ Annuity and Benefit Fund (MEABF). Prior to FY2024, the City of Chicago absorbed the entire cost of the MEABF employer contribution. Web24 mrt. 2024 · This post focuses on the four pension funds that the City of Chicago is responsible for: the Municipal Employees’ Annuity and Benefit Fund (MEABF), the … WebIf you have questions regarding MEABF info, email us or call (312) 236-4700 or fax your questions to (312) 527-0192 between the hours of 8:00 am – 4:00 pm, Monday thru Friday. clip art smiley face santa