Welcome to the Policemen's Annuity and Benefit Fund of Chicago

Coronavirus

COVID-19 Procedures to Protect Members and Employees

The United States Secretary of Health and Human Services declared COVID-19 presents a public health emergency and Governor Pritzker issued a disaster proclamation in response to COVID-19.

Monthly Agenda:
[ HERE ]
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[ Monthy Meetings Page ]

Due to the COVID-19 virus pandemic, the PABF’s office is closed to members and the public beginning March 19th. The Fund will be operating remotely Monday through Friday from 8:30am to 4:30pm. However, you may experience delayed response times.

We currently expect that all benefit payments will be processed as normal. You may reach our staff via phone, email and fax. We will return all calls and emails as soon as possible.

Please rest assured we are pursuing every avenue to provide the service that our members expect during this national health emergency. Stay healthy and thank you for your patience and understanding.

If you have an existing scheduled appointment, please call the Fund to determine whether your appointment can be handled over the phone or if you will need to be rescheduled. We are taking these steps to protect the health and welfare of our members and employees.

The phone number to the Fund office is:
(312) 744-3891
The fax number to the Fund is:
(312) 726-3216

Inquiries can also be sent to the following email addresses based on subject matter:

Benefit Calculations:
benefits@chipabf.org

Benefit Payments & Changes:
payments@chipabf.org

Retirement Information:
retirement@chipabf.org

We appreciate your understanding and patience during this unfortunate and evolving worldwide health emergency and we hope that you and your family remain healthy.

The Retirement Board of Policemen’s Annuity and Benefit Fund of Chicago

Public Act 099-0905 (COLA)

On November 29, 2016, the Illinois legislature enacted Public Act 099-0905, which provides some benefit enhancements to members of the Fund, including cost-of-living increases to retired members born after January 1, 1955, but before January 1, 1966; additional benefits to minimum widows of the Fund whose spouses were Tier 1 members; and surviving family members, including widows and children, of deceased Tier 2 members. The Fund is working as quickly as possible to enact these benefit changes.

Of particular interest is the cost-of-living increases available under this new legislation to those retired members with birth dates on or after January 1, 1955, and before January 1, 1966. Those members that have at least 20 years of service at retirement, have been retired for AT LEAST ONE year as of January 1, 2017, and have attained the age of 55 will be entitled to a 3.0% cost of living increase. In addition, some catch-up provisions are included in the legislation and many retired members in this group will receive incremental increases based upon a few qualifications including age at retirement and retirement date. For the members impacted, a 3.0% cost-of-living adjustment was applied to your January 31, 2017, retirement annuity. For those that will be receiving additional catch-up cost-of-living increases, the Fund’s staff is working on such calculations. Completion of these calculations will take up-to six months, as each calculation is a manual process. The Fund’s staff will work as quickly as possible to complete these. Note that for members born before January 1, 1955, this legislation does not apply to you.

[Read More About The] IMPLEMENTATION OF 3% AUTOMATIC ANNUAL INCREASES

MILITARY CREDIT

Sworn Police members are eligible to purchase up to 2 years pension credit for prior Active Military service. An Application must be accompanied with a copy of your DD214. If the qualifications are met, this provision allows a member to purchase in monthly increments up to 2 years and must be applied for and paid prior to retirement.