Ruth Faklis Elected To IMRF Board;
2008 Board Officers Named

Judi Voller assumes role of vice president at January meeting

OAK BROOK, Ill. – January 7, 2008 – Ruth E. Faklis, director for Prairie Trails Public Library District in Burbank, was elected to the Illinois Municipal Retirement Fund (IMRF) board of trustees as an executive trustee. Faklis, whose term started Jan. 1, 2008, previously was appointed to a one-year term on the IMRF board to fill a vacancy created in December 2006.

Members of IMRF’s independent eight-member board of trustees serve without compensation in five-year staggered terms. The board comprises four executive trustees elected by participating units of government, three employee trustees elected by participating IMRF members and one non-voting annuitant trustee elected by IMRF retirees.

Ruth E. Faklis has been director for Prairie Trails Public Library District since 1990. She supervises 23 staff members and reports to the library’s seven-member board of trustees. She is also the library’s IMRF authorized agent.

Faklis has more than 30 years of leadership and budgeting experience in K-12 school libraries, state libraries and public libraries. She is a past president of the Illinois Library Association and received the 2002 Illinois Librarian of the Year award. Faklis served as the director of the Glen Ellyn Public Library from January 1986 to September 1988.

“In her first year on the board of trustees, Ruth Faklis quickly proved herself to be a valuable, dedicated leader,” said Louis Kosiba, executive director of IMRF. “In addition to her contributions as a member of the board’s Benefit Review and Legislative Committees, she has worked hard to help advance our primary goal: to run a well managed and fully funded pension plan that makes good on its promise to provide secure retirement income for public workers in Illinois.”

New IMRF Board Officers
The IMRF board of trustees has named new officers for 2008: Max F. Bochmann will serve as president, Judi Voller as vice president and James W. Rasins as secretary. The new officers assumed their positions on January 1, 2008.

Bochmann has been a school bus mechanic for Naperville Community Unit School District 203 since 1977 and was first elected as an employee trustee in 1999. Bochmann has also held a number of board positions, including board president in 2003, vice president in 2007 and 2002, and secretary in 2001. He has served on the board’s Benefit Review, Personnel/Budget/Insurance, Legislative, Investment and Audit Committees.

Since 1982 Voller has served as a paraeducator at East Maine School District 63 in Niles, Ill. She was elected as an employee trustee in 2005, served on the board’s Benefit Review and Legislative Committees in 2006 and 2007, and served as board secretary in 2007.

Rasins, DuPage County Auditor, was elected to the board of trustees in 2006. He has worked for DuPage County since August 1975, and has served as County Auditor since December 2000, performing internal audits of county operations, issuing quarterly reports on the county’s finances and investigating allegations of waste and misuse. Rasins served on the board’s Legislative, Investment and Audit Committees in 2007.

About IMRF
The IMRF was created in 1939 by the Illinois General Assembly to provide death, disability and retirement benefits for employees of local units of government. Today, IMRF has more than 174,000 active members working for over 2,900 different units of government, including school districts, counties, cities and villages, parks and libraries. It has more than 84,000 retirees receiving an average monthly benefit of $755, and more than $24 billion in assets. IMRF was more than 100 percent funded on a market value basis as of December 31, 2006.

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