INVESTED IN YOUR FUTURE
The Laborers’ and Retirement Board Employees’ Annuity and Benefit Fund of Chicago (“LABF”) was established in 1935 by the Illinois legislature under Article 11 of the Illinois Pension code [40 ILCS 5/11-101 et seq.] to provide retirement and disability benefits to its members and their beneficiaries. LABF’s Board of Trustees (“Board”) administers benefits and manages Fund assets.
The Board and LABF staff (“Staff”) currently work with more than 35 professional investment management firms compiling over 45 different investment portfolios.
The portfolio is managed by outside investment advisors primarily having full discretion with guidance from Article 1 of the Illinois Pension Code. Assets are held by the LABF Master Trustee, The Northern Trust Company.