Current News and Important Dates

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Discontinuation of Third-Party Insurance Premium Deduction
FABF Website Admin
/ Categories: News & Events, Legislation

Discontinuation of Third-Party Insurance Premium Deduction

If you currently have a healthcare premium deduction for a health insurance policy that is not part of the Local 2 sponsored Aetna plan or the City sponsored Blue Cross Blue Shield group plan, effective as of January 1, 2026, the Fund will no longer deduct healthcare premiums for any healthcare plan other than the Aetna and Blue Cross Blue Shield health insurance plans. Under the federal SECURE 2.0 Act, the direct payment requirement was repealed. Retired public safety officers can now make the health insurance payment themselves and still qualify for the exclusion. This change is reflected in IRS guidance and draft publications for 2025 at www.IRS.gov. Members directly affected by this change will receive, or have received, notice from the Fund regarding this change in process. Members having premiums deducted for the Aetna group plan or the Blue Cross Blue Shield group plan are not affected.

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2025 Board Meetings

To review Board Meeting dates and documents, please click the link below.

Board Meetings

Member Trustee Election Information

Under provisions of the Illinois Pension Code, an election will be held to fill the office of Active Firefighter Member Trustee of The Retirement Board. The position will become vacant on December 1, 2025, because of the expiration of the term of an incumbent. Ballots will be mailed to all active members eligible to vote no later than September 17, 2025.

Click here to see the posted election notice for more details

Under provisions of the Illinois Pension Code, an election will be held to fill the office of Annuitant Member Trustee of The Retirement Board. The position will become vacant on December 1, 2025, because of the expiration of the term of an incumbent. Ballots will be mailed to all active members eligible to vote no later than September 17, 2025.

Click here to see the posted election notice for more details

All members are encouraged to exercise their right to vote.

Pre-Retirement Seminar

The 2026 Spring Pre-Retirement Seminar is scheduled to be held at Guaranteed Rate Field (Sox Park) in the Wintrust Conference and Learning Center. The date for the seminar is Saturday, April 11, 2026, from 8:00 AM to 2:30 PM. Registration is limited to 120 and we are at capacity for the spring event. We have tentatively set the Fall Pre-Retirement Seminar for September 27 at the same venue. Please register with the Fund via email at seminar@fabf.org to confirm participation or cancel if your plans have changed. 

Click here for more information and planning materials

Observed Holidays

Office Closed:

  • New Year's Holiday Observed
  • Dr. Martin Luther King Jr.'s Birthday
  • Lincoln's Birthday Observed
  • President's Day
  • Pulaski Day
  • Memorial Day
  • Juneteenth Observed
  • Independence Day
  • Labor Day
  • Columbus Day/Indigenous People Day
  • Veteran’s Day
  • Thanksgiving (Thursday and Friday)
  • Christmas Holiday Observed