Beginning on April 21, 2014, IMRF will present a series of Employer Rate Meetings throughout the state. At these meetings we will discuss the impact of year-end financial and actuarial data on IMRF as a whole and its estimated impact on individual employers.
Read more...
Executive Director Louis Kosiba responds to recent media coverage of the IMRF 13th Payment.
Read more...
The Better Government Association recognized IMRF as part of its Good Government Spotlight series. The stories “showcase government employees, programs, agencies and organizations that reflect the BGA’s core values of government transparency, accountability, efficiency, and fair play for taxpayers and the community.”
The article is titled A Public Pension Plan That Works.
Read more...
The IMRF Board of Trustees met in December and discussed a number of topics, including the election of a new Executive Trustee, the appointment of 2014 Board officers, and more.
Read more...
At each monthly meeting of the Board of Trustees, IMRF's investment consultant presents a summary of the previous month's market and investment manager performance. The information presented in these reports is preliminary and subject to change. Review report...
On December 5, Gov. Pat Quinn signed the pension reform bill into law, effective June 1, 2014. Read more...
Agriculture Investment Manager Search
IMRF is requesting proposals for Agriculture separate account managers, takeover managers and commingled fund products. Both domestic and international strategies will be considered. IMRF has at least $100 million to allocate, actual amount may vary. Read more...
IMRF named Mark F. Nannini, former Director of Finance and Treasurer for the City of Crystal Lake, as its new Chief Financial Officer (CFO) effective Jan. 1, 2014.
Read more...
Many millennials, those aged 18 years old to 31 years old, face financial challenges from student loans and an unstable job market. To help them regain financial footing and prepare for the future, IMRF encourages millennials – and other generations – to re-examine their saving strategies and retirement plans during National Save for Retirement Week, Oct. 20-Oct.26.
Read more...
At its September meeting, the IMRF Board of Trustees certified candidates for the upcoming Executive Trustee election:
- David C. Miller, Deputy Treasurer & Asst. GM for the North Shore Sanitary District.
- Sue Stanish, Director of Finance for the Naperville Park District.
Read the candidate's biographies...
On August 16, 2013, the governor signed House Bill 1351 into law as Public Act 98-0389.
This legislation changes the return-to-work rules for retirees to require re-enrollment when the actual hours worked exceed 599 or 999 hours, even if the position is not "normally expected" to exceed the hourly standard.
You can download a chart IMRF developed to explain how the new public act impacts a retiree's return to work.
| 
