Firemen's Annuity and Benefit Fund of Chicago
 


A RETIREMENT FUND  DEDICATED TO THOSE WHO ARE THERE FOR OTHERS

  


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

SALARY AND EMPLOYEE CONTRIBUTION RATE

Salary throughout this website refers to Career Service Salary and Exempt Rank Salary for participants  meeting certain criteria.  Each participant’s total contribution percentage is currently 9 1/8% of salary broken down as follows:

7 1/8% for Firefighter's Annuity
1 1/2% for Spouse's Annuity
3/8 of 1% for the Increment after Retirement (Annuity Increment)
1/8 of 1% for Ordinary Disability Benefits (This is not Refundable) 

Beginning January 1, 1999, salary includes the additional compensation payable to firemen by virtue of being licensed as an Emergency Medical Technician (EMT).  Beginning January 16, 2004, and for any prior periods for which applicable contributions have been paid, salary shall include the classified career service rank of Ambulance Commander.  Beginning January 16, 2004, and for any prior period for which applicable contributions have been paid, pensionable salary shall include duty availability pay received by the participant.

   
   
       
Firemen's Annuity and Benefit Fund of Chicago
20 South Clark Street, Suite 1400
Chicago, IL 60603

Phone: (312) 726-5823
Fax: (312) 726-2316