An eight-member Board of Trustees governs IMRF:
- Four Executive Trustees elected by participating units of government
- Three Employee Trustees elected by participating IMRF members
- One Annuitant Trustee elected by IMRF annuitants
The IMRF Board of Trustees is Here for You
The IMRF Board of Trustees is your Board. Trustees are responsible for the prudent management of IMRF's retirement assets, and for making sure the money is there to pay the benefits earned by every IMRF member and beneficiary, now and for years to come. Ultimately, the Board carries the responsibility to ensure that IMRF continues to be a well-run, successful pension fund.
The IMRF Board of Trustees meets at least four times a year for its full Board meeting and may meet monthly as needed. The Board is also divided into committees to deal with different areas of business. Board committees meet as needed.
Board members serve five-year staggered terms. They serve without compensation.
Employee Trustees
If you participate in IMRF and are vested as of December 31 of the election year, you can be nominated to run for employee trustee.
Nominating petitions are available on the IMRF website on July 1 of the election year and explain the nominating procedures. To be nominated, you will need:
- A sample nominating petition from the IMRF website.
- At least 350 signatures on the petition from IMRF members who must have participated in IMRF during July of the election year. This includes members on seasonal leave.
Nominating petitions are accepted in the IMRF office between August 1 and September 16 of the election year.
Executive Trustees
If you participate in IMRF as a chief executive officer, chief finance officer, or other officer, executive or department head and are vested as of December 31 of the election year, you can be nominated to run for Executive Trustee.
Nominating petitions are available on the IMRF website on July 1 of the election year and explain the nominating procedures. To be nominated you will need:
- A sample nominating petition from the IMRF website.
- At least three petitions submitted by Authorized Agents or governing bodies of IMRF employers.
Regardless of who submits the nominating petitions, at least three petitions must be submitted that meet the following requirements:
- If an Authorized Agent submits a nominating petition, the Authorized Agent’s notice of appointment must be on file with IMRF, and the notice of appointment must indicate that the Authorized Agent has been delegated the power to make such nomination.
- If a governing body files a petition, the petition must be adopted by the governing body and certified by the clerk or other proper official.
Nominating petitions are accepted in the IMRF office between August 1 and September 16 of the election year.
Annuitant (Retiree) Trustees
If you are receiving an IMRF annuity (pension) on January 1 of the year the term begins, you can be nominated to run for Annuitant (Retiree) Trustee. (This means that if you plan to retire by December 31 of the election year, you are eligible to run for this office.)
Nominating petitions are available on the IMRF website on July 1 of the election year and explain the nominating procedures. To be nominated you will need:
- A sample nominating petition from the IMRF website.
- At least 100 signatures on the petition from IMRF annuitants who must have received an IMRF annuity in July of the election year.
Nominating petitions are accepted in the IMRF office between August 1 and September 16 of the election year.