Chicago Policemen's Annuity & Benefits Fund

Chicago Policemen's Annuity & Benefits Fund (PABF) is a single-employer defined benefit public pension fund based in Chicago, Illinois. Established in 1922, the fund provides retirement, survivors, and disability benefits to police officers of Chicago. The plan administers a post-retirement healthcare plan which is known as Staff Retiree Health Plan. The Staff Retiree Health Plan provides lifetime health and dental insurance for eligible retirees and their spouses through PABF's group health insurance plan, which covers both active and retired members. The assets of the pension fund are managed by the board of trustees.