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Spring Legislation Becomes New Public Act(s)
Shelley Wright
/ Categories: News & Events, Legislation

Spring Legislation Becomes New Public Act(s)

PA 104 0065 (House Bill 3657) increased the annual salary cap for Tier 2 members, as well as the way the salary cap increases annually. Additionally, it provides increases to certain eligible Tier 2 member’s surviving spouse and children’s annuities. PA 104 0248 (House Bill 3193) added by specific reference, breast cancer as a presumptive occupational disease. Both bills were signed by the Governor and are effective as of August 1, 2025. The Fund is providing a Tier 1 / Tier 2 Benefit Summary Overview. 

TIER BENEFIT SUMMARY OVERVIEW

Summary of Benefits

EMWQ Special Recognition EMWQ Special Recognition Winner of the 2025 Active Member Trustee Election Winner of the 2025 Active Member Trustee Election
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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