IMRF News and Announcements

April 3, 2018
IMRF in Pensions & Investments
Executive Director Brian Collins chats with Rick Baert of Pensions & Investments about his noteworthy career and the future of IMRF.
February 27, 2018
IMRF Accepts ILPEx Gold Award
On Thursday, February 22, 2018, IMRF accepted the 2017 Illinois Performance Excellence (ILPEx) Gold Award for ‘Achievement of Excellence’ at the ILPEx Awards for Excellence Ceremony.
February 5, 2018
Global Customized Private Equity Separate Account Search
IMRF is requesting proposals from investment management firms offering a Global Customized Private Equity Separate Account. IMRF has at least $50 million to initially allocate.
Board Room
December 20, 2017
Highlights of the December 2017 Meeting
Board certifies Executive Trustee election results, Board appoints 2018 officers, Board maintains 7.5% investment return assumption
November 17, 2017
IMRF Investments News
Information from the November 2017 meetings.
November 6, 2017
Request For Proposals
IMRF is requesting proposals from minority-owned investment management firms offering passive equity index fund(s) services. IMRF has at least $100 million to allocate.
October 26, 2017
IMRF Wins GFOA Awards for Excellence
Public finance organization recognizes IMRF for comprehensive reporting excellence, for the 43rd time.
October 16, 2017
National Retirement Security Week 2017
The best-funded statewide public pension in Illinois encourages smart savings.
Board Room
August 31, 2017
Highlights of the August 2017 Meeting
IMRF ranks highly on customer service benchmarking study; Board provides Springfield an update on IMRF’s Illinois-based investments; Staff provides update on executing 2017-2019 Strategic Plan objectives
July 7, 2017
2017 13th Payment Deposited
The 2017 Supplemental Benefit Payment (13th Payment) has been deposited.
Kosiba CNBC 6302017
July 3, 2017
Kosiba Discusses Illinois Pension Cost on CNBC
IMRF Executive Director discussed Illinois pension cost on CNBC broadcast on June 30.
June 21, 2017
Request For Proposals
IMRF is requesting proposals from investment management firms offering U.S. open-ended core private real estate commingled funds. Proposals must be received no later than end of business on July 12, 2017.
Board Room
June 9, 2017
Highlights of the May 2017 Board Meeting
Actuaries provide IMRF Annual Valuation; 2017 Executive Trustee election plan approved
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.
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.
October 21, 2016
Good Day Marketplace Welcomes IMRF
Executive Director Louis W. Kosiba joins host Melanie Streeper for a chat about saving for retirement.
July 29, 2016
Naperville TV Covers Retiree Workshop
Local cable channel covers IMRF's 2016 lifestyle workshop.
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.
March 10, 2016
ILPEx Conference and Awards Ceremony
IMRF employers invited to attend to learn about the Baldrige Criteria for Performance Excellence.
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.
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
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.
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.
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).

IMRF Receives Golden Honor
Statewide public retirement system receives prestigious excellence award for performance.