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City of Chicago Employer Funding Resolution
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City of Chicago Employer Funding Resolution

At its July 23, 2025, regular meeting, the Retirement Board (“Board”) of the Firemen’s Annuity and Benefit Fund of Chicago (the “Fund”) passed a funding resolution setting forth the statutory required employer contribution from the City of Chicago (the “City) for the City’s budget year 2026 with payment to be made to the Fund in 2027. Pursuant to Article 6 of the Illinois Pension Code, the statutory employer contribution owed to the Fund in 2026 is $443,443,101 and contains the following elements:

  • The actuarially calculated required statutory contribution of $440,840,000 [ILCS 40, Act 5, Article 6-165(a)], plus the Retiree Healthcare (OPEB) Subsidy of $795,000 [40 ILCS 5/6-164.2], plus the Exempt Rank Contribution of $1,666,101 [ILCS 40, Act 5, Section 6-211(g)], and the Death Benefit Contribution of $142,000 [ILCS 40, Act 5, Section 6-168].
     
Annual Contributions Statements Annual Contributions Statements Notice of Annuitant Elections 2025 Notice of Annuitant Elections 2025
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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 will be held to fill the office of Active Firefighter Member Trustee of The Retirement Board. The position will become vacant on December 1, 2025, because of the expiration of the term of an incumbent. Ballots will be mailed to all active members eligible to vote no later than September 17, 2025.

Click here to see the posted election notice for more details

Under provisions of the Illinois Pension Code, an election will be held to fill the office of Annuitant Member Trustee of The Retirement Board. The position will become vacant on December 1, 2025, because of the expiration of the term of an incumbent. Ballots will be mailed to all active members eligible to vote no later than September 17, 2025.

Click here to see the posted election notice for more details

All members are encouraged to exercise their right to vote.

Pre-Retirement Seminar

The 2025 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 26, 2025, 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