Welcome to the Policemens Annuity and Benefit Fund of Chicago

Important Notification

Bell

JANUARY PAYMENT DUE 01/31/2012

To assist you in your financial planning needs for 2012, the Fund will provide to annuitants using the Direct Deposit program an annual statement detailing your monthly gross annuity, any deductions and your net monthly payment for 2012. After the 01/31/2012 payment, your net annuity payment should not change in 2012 unless you change your federal income tax deduction amount, your vision and dental coverages, and/or your hospitalization premium is adjusted. IF A CHANGE IS NOT REQUIRED THERE IS NO NEED TO CONTACT OUR OFFICE.

Retirement Board Officers

Executive Director Icon At its regular December meeting the Trustees voted the officer positions on the Retirement Board. Kenneth A. Hauser was re-elected as Board President; Mr. Michael A. Conway was elected as Board Vice President; Lieutenant James P. Maloney was elected Recording Secretary. The trustees serve in their officer positions on the Retirement Board until the next regular December meeting of the Board.

ANNUAL REPORT

The Annual Report for 2010 is now available on the Fund’s website, along with other important financial information. Please visit the “Financial” tab for the most recent copies of Audited Financial Statements, the Comprehensive Annual Financial Report (CAFR), Actuarial Reports, and most recently, the Annual Report. As the Fund works diligently to reduce administrative costs, the Annual Report will only be mailed to members upon specific request. If you would like a hard copy of the 2010 Annual Report or any future Annual Reports, please contact the Fund’s offices and request that a hard copy be mailed to you.

Pension Advisor

The Winter News Letter
is Now Available [Download Link]

TRUSTEE ELECTION

Lieutenant James Maloney ran unopposed and his term is renewed for the period December 1, 2011 through November 30, 2014.
The Sergeant Representative voting totals:
Michael Lazzaro 213
Brian E. Wright 419
Sergeant Brian Wright shall serve as Trustee on the Retirement Board for a term of December 1, 2011 through November 30, 2014.

Site Links

Events

The Office will Be Closed

Washington's Birthday

Monday, February 20th

Pre-Retirement Seminars

Wednesday, March 21st
Friday, June 1st
Tuesday July 24th
Wednesday, October 17th

Pre-Retirement Seminars

Events image The seminar is one-day held at Chicago Police
Department Head Quarters.
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The seminars are offered through the Chicago Police Department, members need to register by calling Personnel @ 745-5342 or registering through the Intranet at Employee Resources Services Division. [Seminar Dates]
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For Qualifications for a CPD officer to attend [LINK]

Contacting the Office

The office is open Monday through Friday 8:30am to 4:30pm.
Phone (312) 744-3891... [More]
The office is located at 221 North Lasalle Street, Suite 1626.. [More]

Directions to Our Office [More]

Upcoming Meeting Dates

Monthly Investment Meeting
Tuesday, February 23rd at 9am
Board of Directors Meeting
Thursday, January 26th at 9am
[Meetings Page]

A HISTORY OF THE FUND

Former Chicago Police The history of the Policemen's Annuity and Benefit Fund of Chicago began on April 29, 1887, when the Illinois General Assembly authorized the creation of the Fund, for "Cities, Towns, and Villages having a population of 50,000 or more.
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