Municipal Employees' Annuity and Benefit Fund of Chicago

Overview

Established in 1921, the Municipal Employees' Annuity and Benefit Fund of Chicago (MEABF) is a defined benefit pension fund that provides disability and retirement benefits to qualified employees of the City of Chicago and the Chicago Board of Education. The fund is financed through 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 is included in the city's financial statements as a pension trust fund. MEABF's mission is to deliver benefits to its members by offering excellent customer service and maintaining the fiscal integrity and financial stability of the fund. The fund serves a diverse group of employers, including the City of Chicago, the Chicago Board of Education, the Chicago Housing Authority, and the Public Building Commission. It is committed to providing essential resources and information to both active members and retirees, ensuring they have the support needed throughout their careers and into retirement. With over a century of service, MEABF continues to uphold its commitment to its members by managing their retirement benefits responsibly and effectively. The fund's investment strategy focuses on a diversified portfolio, including fixed income, real estate, infrastructure, private equity, and hedge funds, to ensure sustainable growth and security for its members' benefits.

Investment Focus

• Alignment with fund's investment strategy and objectives

Portfolio Companies