Children's annuities (derived): 64 children
City of Chicago · Calendar year 2026 · Our estimate
$120,683.46
Proxy: this group draws $176,390 a year in benefits, 0.01% of the $1,195,697,315 of benefit dollars (annual benefits in payment at 12/31/2025 plus 2025 refunds and disability payments). Average benefit $2,756 a year per person. Derived: printed monthly total of $95,618,668 x 12 minus the groups above (p.18). The City's payment is not the same as the benefits paid. The City sends one payment set by law to the fund, and the fund pays its retirees from that money plus member contributions and investment earnings. This split shares the payment out by each group's share of yearly benefit dollars, so it is our estimate, not a City figure.
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Sources
- MEABF Actuarial Valuation and Review as of 12/31/2025 (Segal), Section 3 Exhibits D.1 to D.3, Section 2, income statement, page 18, 40-43, 45 · Annual benefits in payment at 12/31/2025: retirees Exhibit D.1 (p.40, 8,286 men $529,458,309 and 13,588 women $544,640,079), surviving spouses Exhibit D.2 (p.41), reversionary annuitants Exhibit D.3 (p.42). Children are the remainder of the printed monthly total $95,618,668 x 12 (p.18), so that line is derived. Refunds $40,088,296 and disability payments $8,185,003 are 2025 cash (p.45).