Annual Audit
The Fund’s auditors, Legacy Professional, LLP, completed their annual audit of our financial records for 2023, and the results were reviewed and accepted at the June 12, 2024, Board meeting. The report link and an excerpt from the audit opinion follows:
We have audited the accompanying financial statements of Firemen’s Annuity and Benefit Fund of Chicago (the Plan), a fiduciary fund of the City of Chicago, Illinois, which comprise the combining statements of pension plan fiduciary net position and health insurance supplement plan net position, and the related combining statements of changes in pension plan fiduciary net position and health insurance supplement plan net position as of and for the years ended December 31, 2023 and 2022, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the plan net position of Firemen’s Annuity and Benefit Fund of Chicago as of December 31, 2023 and 2022, and the changes in plan net position for the years then ended, in conformity with accounting principles generally accepted in the United States of America.
Thank you to our Comptroller Jackie Vlahos and staff for their diligence and professionalism in assisting in the timely completion of the audit. Audited Financial Statements.
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