Chicago Firemen's Annuity & Benefit Fund is conducting an...

Chicago Firemen’s Annuity & Benefit Fund is conducting an asset-liability study that will be completed by the end of February, said Michael Moran, comptroller. Officials for the $860 million pension plan conduct such a study every two years, Mr. Moran said. The fund’s asset allocation is 80% equity and 20% fixed income. Mercer Investment Consulting is advising.