IMRF News and Announcements

newspaper
Board Room
June 9, 2017
Highlights of the May 2017 Board Meeting
Actuaries provide IMRF Annual Valuation; 2017 Executive Trustee election plan approved
Newspapers
June 5, 2017
State Journal-Register publishes IMRF Op-ed
IMRF Executive Director Louis W. Kosiba comments on the recent investigative report by the Better Government Association.
Announcement
July 7, 2017
2017 13th Payment Deposited
The 2017 Supplemental Benefit Payment (13th Payment) has been deposited.
Newspapers
April 18, 2017
IMRF response to PFIC White Paper
IMRF Executive Director Louis W. Kosiba shares IMRF's position on a recent white paper from the Pension Fairness for Illinois Communities (PFIC) coalition.
Newspapers
October 21, 2016
Good Day Marketplace Welcomes IMRF
Executive Director Louis W. Kosiba joins host Melanie Streeper for a chat about saving for retirement.
Newspapers
July 29, 2016
Naperville TV Covers Retiree Workshop
Local cable channel covers IMRF's 2016 lifestyle workshop.
Newspapers
June 30, 2016
IMRF Thanks Outgoing Employee Trustee John Piechocinski
Piechocinski is retiring from the Plainfield Community Consolidated School District. Piechocinski exits the Board after having served for 5-1/2 years.
ILPEX Logo
March 10, 2016
ILPEx Conference and Awards Ceremony
IMRF employers invited to attend to learn about the Baldrige Criteria for Performance Excellence.
Newspapers
November 30, 2015
News Gazette Recognizes Retiree
Marilyn Campbell, one of IMRF's Year of the Volunteer honorees, was recognized by The Champaign News-Gazette in a November 27 article.
Newspapers
October 15, 2015
IMRF not impacted by Illinois budget stalemate
Illinois Comptroller Leslie Geissler Munger announced that due to the budget stalemate Illinois would not make its November pension payment to the state-funded retirement systems. This missed payment has no impact on IMRF or its ability to pay pensions. IMRF receives no funding from the state of Illinois.
Illinois Gov. Bruce Rauner
July 9, 2015
The Governor’s Pension Proposal and IMRF
IMRF is NOT included in Gov. Bruce Rauner’s proposal to alter pension benefits
Newspapers
May 8, 2015
Illinois Supreme Court Rules 2013 Pension Law Unconstitutional
The Illinois Supreme Court today unanimously ruled unconstitutional the “pension reform” law from 2013.

IMRF Executive Director Louis Kosiba on WTTW
January 8, 2015
Kosiba Joins The Great Pension Debate on WTTW
IMRF Executive Director joined a panel discussion on Illinois pension reform broadcast on WTTW on January 8.
ILPEX Logo
December 5, 2014
IMRF Awarded 2014 Silver Award from Illinois Performance Excellence
Illinois Performance Excellence announces Illinois Municipal Retirement Fund of Oak Brook, IL is a recipient of the 2014 Silver Award.
Gavel
December 5, 2014
Judge rules PA 98-0599 unconstitutional
IMRF benefits not affected by ruling

A Sangamon County Circuit Court judge on November 21, 2014, ruled that Public Act 98-0599, the pension reform legislation signed by the governor in December 2013, is unconstitutional.

GASB Logo Thumbnail
October 2, 2014
New financial reporting procedures
IMRF has modified how it reports its financial position to comply with new reporting requirements from the Governmental Accounting Standards Board (GASB).