Meabf Salary

As of April 2026, the average annual salary for employees at Meabf in the United States is $98,539. This translates to an approximate hourly wage of $47. Salaries at Meabf typically range from $86,696 to $111,440 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Meabf

Ready for your next career move? Explore current job openings at Meabf. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Meabf’s Pay Competitive? Salary Benchmarking Analysis

How does Meabf's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Advanced Benefit Systems Inc $87,337
-11.4%
Advanced Benefit Systems Inc focuses strategically on recruiting and training entry-level apprentices.
Pension Advisory Group Ltd $92,189
-6.4%
Pension Advisory Group Ltd likely leverages performance bonuses over the high base salary shown here.
Benefits Technologies Division 7 LLC $86,261
-12.5%
Reflects market rates for standard general contracting, differing from specialized roles.
MassMutual $100,491
+2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+25.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Meabf

Considering a career at Meabf? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It’s an outstanding place to grow professionally in the insurance sector. Employees are treated with respect, and there’s a strong sense of teamwork. While innovation is steady, the company’s stability is a key advantage. Managers are approachable, and teamwork is highly encouraged. The benefits, including retirement plans, are competitive.
The workload is manageable, and colleagues are generally cooperative. The office is well-maintained, and hybrid work options are available. The insurance products are reliable, and workflows are structured. Typical large company experience. The culture is collaborative, and innovation is encouraged. I’ve enjoyed my time here and would recommend it to others.
I appreciate the emphasis on teamwork and professional development. A forward-thinking employer that values its team. The insurance training is thorough, and leadership is transparent.

Meabf Overview

Website
www.meabf.org
Founded In
1921
Employees
<25 employees
Industry
Insurance
Headquarter Address
321 N Clark St Chicago Illinois IL 60654
Revenue
$10 Million - $50 Million
Phone Number
+1 3122364700
Social Media
About Meabf
MEABF is a defined benefit, single employer benefit plan that was established in 1921 by an act of the Illinois General Assembly to provide disability and retirement benefits to qualified employees of the City of Chicago and the Chicago Board of Education. Our sole purpose is to pay earned benefits to our members, which is funded by a combination of member contributions, taxes levied by the City o

What Benefits Does Meabf Offer Beyond Salary?

A competitive compensation package is more than just a salary. Meabf offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Meabf.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Meabf, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Meabf salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Meabf

1. What is the average salary for employees at Meabf?

The average annual total compensation for employees at Meabf is approximately $98,539. However, this is an aggregate figure, actual salaries can range significantly, typically from $86,696 to $111,440, depending on factors like job role, experience, and location.

2. How much does Meabf pay compared to Advanced Benefit Systems Inc?

The average annual salary at Meabf is $98,539, or an hourly wage of $47, in comparison to Advanced Benefit Systems Inc which pays $87,337 per year or $42 per hour.

3. What is the lowest salary at Meabf?

The lowest-paying job at Meabf is an Assistant Comptroller with a salary of $65,330 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Meabf?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Meabf for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Meabf offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Meabf, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Meabf?

Most companies, likely including Meabf, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.