All Funds
All Four Chicago City Pension Funds (Aggregate)Aggregated view of MEABF + LABF + PABF + FABF. Liabilities, assets, contributions, and benefits summed across the four funds.
Funded (FY2024)
25.6%
+2.1pp YoY
Market basis
Unfunded Liability
$36.53B
$-0.67B YoY
AAL minus market assets
Market Assets
$12.42B
AAL: $48.45B
Assumed Return
6.75%
Target: 90% by 2058
Assets vs liabilities
1997–2024
Total accrued liability ($48.4B in FY2024) shown as the shaded band. Market value of assets ($12.4B) as the solid line. The dashed line is the actuarial value, which smooths investment gains and losses over a few years.
Source: Public Plans Database
Funded ratio
Market basis (solid), actuarial basis (dashed)
Market-basis funded ratio uses the actual market value of assets on the balance sheet date. The actuarial basis uses a smoothed asset value that dampens short-term market swings. The dashed horizontal line is the statutory funding target.
Source: Public Plans Database