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Municipal Employees Annuity and Benefit Fund of Chicago

Government Administration

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revenue-icon Revenue
11M - 100M
funding-icon Total Funding
--
size-icon Size
11 - 50
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Frequently Asked Questions About Municipal Employees Annuity and Benefit Fund of Chicago

What does Municipal employees annuity and benefit fund of chicago do?+

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 multi-employer Fund. The Illinois State Legislature is the governing body that sets benefit levels, as well as employer and employee contributions. The fair value assets as of December 31, 2022, are $3.95 billion. As of December 31, 2022, the Fund had 35,369 contributing...

What is Municipal employees annuity and benefit fund of chicago's industry? +

Municipal employees annuity and benefit fund of chicago operates in the Government administration industry.

What is Municipal employees annuity and benefit fund of chicago's revenue? +

Municipal employees annuity and benefit fund of chicago's revenue is 11m - 100m

What is Municipal employees annuity and benefit fund of chicago's company size? +

Municipal employees annuity and benefit fund of chicago has 11 - 50 employees.

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