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Board of Trustee CommitteesThe IMRF board of Trustees has many responsibilities including approving IMRF's administrative budget, authorizing employer contribution rates, adopting actuarial assumptions and appointing the IMRF actuary and IMRF investment counsel. In addition, the board has established several committees to review and research various topics. Audit CommitteeThe Audit Committee was established in 2002 and meets twice a year. The audit committee functions as a communications link between the Board of Trustees, the outside auditors, the internal auditor, and IMRF senior management.
Benefit Review CommitteeThe Benefit Review Committee was established in 1987 and meets monthly. When a member applies for a benefit and is denied that benefit, the member can appeal the denial. Although the full Board of Trustees makes a final decision whether to uphold or reverse the denial, the Benefit Review Committee hears the appeal. This committee acts as a fact-finder and administrative judge. It reports its findings to the full board and recommends whether a denial should be upheld or reversed. 2008 Benefit Review Committee:
Investment CommitteeThe Investment Committee meets on as as-needed basis. Committee members review investment mattes with IMRF investment staff and consultants and then make recommendations to the full board for final decision. Read the Investment Committee Charter. This committee's duties include:
Legislative CommitteeThe Legislative Committee meets periodically as needed. The committee provides an important contact between IMRF and its members with the General Assembly. Committee members may meet with key legislators to discuss legislative proposals endorsed by IMRF. The Legislative Committee also:
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Last Updated by JC
on 03/25/08
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