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Tier II Wage Caps Effective for 2025
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Tier II Wage Caps Effective for 2025

In accordance with state law, the Illinois Department of Insurance is to annually calculate the maximum salary for annuity purposes applicable to Tier II participants and to make the results available to the Board and membership. The increase is tied to the Consumer Price Index – All Urban Consumers (CPI-U) for the 12 months ending in September and is adjusted annually on November 1 of a given year for the next calendar year. The salary maximum adjustment is based on 3% or ½ of the annual CPI-U, whichever is less. 

The Department of Insurance has determined the applicable increase in CPI-U for the noted period was 2.4%, consequently the salary cap amount for annuity purposes for 2025 is $127,283.01.

Notice of annual Increase for 2025 Notice of annual Increase for 2025 HELPS Federal Tax Break for Retired Fire and Paramedics HELPS Federal Tax Break for Retired Fire and Paramedics
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2025 Board Meetings

To review Board Meeting dates and documents, please click the link below.

Board Meetings

Report to Participants

Member Trustee Election Information

Under provisions of the Illinois Pension Code, an election was held to fill the office of the Annuitant Member Trustee of the Retirement Board. The new term will run from December 1, 2025, through December 1, 2028.  Click here to see the certified results.

Click here to see the posted election notice for more details

Only one active member candidate registered a ‘Statement of Candidacy’ for the Fall Election. Accordingly, the Election Committee recommended that he be affirmed as the winner of the Active Member Trustee Election. His new term runs through December 1, 2028. Click here to see the certified results.

Click here to see the posted election notice for more details

Pre-Retirement Seminar

The 2026 Spring Pre-Retirement Seminar is scheduled to be held at Guaranteed Rate Field (Sox Park) in the Wintrust Conference and Learning Center. The date for the seminar is Saturday, April 11, 2026, from 8:00 AM to 2:30 PM. Registration is limited to 120 and we are at capacity for the spring event. We have tentatively set the Fall Pre-Retirement Seminar for September 27 at the same venue. Please register with the Fund via email at seminar@fabf.org to confirm participation or cancel if your plans have changed. 

Click here for more information and planning materials

CFD Retiree Memorial

Observed Holidays

Office Closed:

  • New Year's Holiday Observed
  • Dr. Martin Luther King Jr.'s Birthday
  • Lincoln's Birthday Observed
  • President's Day
  • Pulaski Day
  • Memorial Day
  • Juneteenth Observed
  • Independence Day
  • Labor Day
  • Columbus Day/Indigenous People Day
  • Veteran’s Day
  • Thanksgiving (Thursday and Friday)
  • Christmas Holiday Observed