Active Member Annual Contribution Statements

Active members, including members receiving a disability benefit or on a LOA, will be receiving Contribution Statements, delivered by USPS, in March reflecting each member’s deduction of their accrued and vested 9 1/8% contribution of “pensionable salary” and any purchase of service credit as of December 31, 2025. The amount shown in the Contribution Statement will not include any contribution deducted from the retro payment or from the City’s regular 2026 payroll. “Pensionable Salary” is the salary attached to rank and grade as negotiated by Local 2 or defined by an exempt rank position, it does not include overtime and other pay additions except for “duty availability time.” Employee contributions are split across various benefit funding reserves: Retirement Annuity – 7 1/8%, Spousal (Widow) Annuity - 1 ½%, Automatic Increase (COLA) - 3/8 of 1%, and Ordinary Disability - 1/8 of 1%. All members contribute to each reserve through bi-monthly payroll deductions while in active service. 

Employee contributions, except contributions made toward Ordinary Disability reserves, are refundable to the member should the member leave active service and not be eligible for a benefit from the Fund. If the member is unmarried at the time of receipt of a retirement annuity, Spousal (Widow) Annuity contributions may also be refundable to the member. Should a member pass away with no eligible survivors, contributions from that member for retirement and spousal annuity in excess of benefits paid by the Fund are refundable to the member’s estate. Contributions for retirement and the spousal annuity received are improved with 3% interest while the member is in active service. The definition of active service includes members receiving a disability benefit from the Fund. 

It is important to remember that contributions to the Fund do not typically determine or impact the benefit that you may be entitled to at retirement or should you be found to be disabled. CFD sworn members are all participants in the Annuity and Benefit Fund which is a Defined Benefit Plan. Benefits paid to retiring members are determined by earned creditable service, final pensionable average salary, and age. Article 6 of the Illinois Pension Code is our governing plan document. 

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