When can I expect to receive my first retirement annuity payment?
Your date of retirement impacts when you can expect your first annuity payment. If your last day of employment with the CPD is on or before the 15th of the month, you can expect to receive your first annuity payment approximately 6 weeks after your effective retirement date. If your last day of employment with the […]
Should participants provide any information to the Fund upon retirement?
Yes. Please review the Planning for Retirement page and contact the Fund at (312) 235-4596 or email retirement@chipabf.org to submit documents in advance of retirement or to complete an application for retirement benefits.
How do I begin the formal retirement process?
Once you determine your retirement date based upon your estimated benefits as of that date, accounting for all lost time. You will need to contact the CPD Personnel Division and complete a Personnel Action Request (PAR) form, also known as the Retirement Submission Receipt. The form must be approved and signed by you and your […]
How do I request an estimate of my retirement annuity?
For your convenience, a retirement benefit calculator is available on the website and Fund staff is always available to talk by phone (312) 235-4597 or email benefits@chipabf.org with questions concerning your benefits. You may also request a detailed written estimate of benefits based on a specific anticipated date of retirement, preferably within two years of your planned retirement. Any […]
When should I contact the Fund about my planned retirement?
You should contact the fund by phone (312) 235-4596 or email retirement@chipabf.org no later than 30 days prior to your retirement date.