Resources

The City of Chicago currently contributes to four pension funds as required by the State of Illinois Compiled Statues. The Actuarial Report is available under Comprehensive Annual Financial Report.

Disclaimer: The pension funds are separate legal entities, independent of the City of Chicago. While the City is providing the following links to the pension funds’ websites, please note that their websites are not operated by the City of Chicago and the City is not responsible for the content or availability of the pension funds’ websites.

• Municipal Employees' Annuity & Benefit Fund of Chicago (MEABF)

• Laborers' & Retirement Board Employees' Annuity & Benefit Fund (LABF)

• Policemen’s Annuity & Benefit Fund (PABF) 

• Firemen's Annuity & Benefit Fund (FABF)

• AON Hewitt – Pension Funds Tier 3 Plan Design Analysis for MEABF

City of Chicago Government Site

Office of the City Treasurer Site - The Office of the City Treasurer is the custodian and manager of all cash and investments for the City of Chicago, the four City employee pension funds, and the Chicago Teacher’s Pension Fund. Additionally, the Treasurer’s Office manages a number of programs that promote economic development in Chicago’s neighborhoods. The Treasurer is one of three city-wide elected officials in the City of Chicago, with the Mayor and the Clerk being the others.

Office of Budget and Management Site - The Office of Budget and Management (OBM) prepares and implements the City of Chicago’s annual budget, capital improvement program, annual financial analysis, and quarterly budget reports.

Department of Finance Site - The Department of Finance is responsible for the recording and reporting of all City of Chicago financial transactions. In addition, the Department of Finance issues the comprehensive annual financial report (CAFR), stand-alone financial statements for the enterprise funds (Water, Sewer, O’Hare, and Midway), and unaudited quarterly financial reports.