FABF Website Admin / Saturday, February 28, 2026 / Categories: News & Events Widow Minimum Annuity Increased At the February meeting, the Board voted to approve a statutory increase to the minimum survivor (widow) annuity benefit for current survivors (widow) consistent with the requirements of the Illinois Pension Code. The new minimum survivor (widow) annuity benefit of $1,995 is adjusted to be no less than 150% of the 2025 Federal Poverty Level. February payroll checks will reflect this adjustment for the survivors that are affected. Notice of Conversion to Northern Trust Payroll Services Benefits Portal From Northern Trust Update Print 1