IMRF News Archive

newspaper
Newspapers
December 27, 2023
IMRF Honors Jeffrey A. Stulir
IMRF thanks outgoing Employee Trustee, Jeffrey A. Stulir, for his service to the Board of Trustees.
Newspapers
December 18, 2023
2024 W-4P Form
The IRS has released the 2024 W-4P. File a new W-4P through our secure Member Access.
Newspapers
December 15, 2023
2023 Executive Trustee Election Results
Sue Stanish was re-elected & her term will run through December 31, 2028.
Newspapers
December 15, 2023
IMRF Investments News
Information from the December 2023 meeting.
Board Room
December 11, 2023
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, December 15.
Board Room
December 1, 2023
Highlights of the November 2023 Board Meeting
Board approves 2024 rates, reviews Strategic Plan, and more.
Newspapers
November 17, 2023
IMRF Investments News
Information from the November 2023 meeting.
Board Room
November 13, 2023
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, November 17.
Money
October 18, 2023
October is National Retirement Security Month
We encourage you to reflect on your retirement goals.
Newspapers
October 12, 2023
How Does IMRF's Callback Assist Work?
Learn about this new feature for members.
Board Room
October 12, 2023
Special Board of Trustees Meeting
The IMRF Board of Trustees will meet for a special meeting at 9:00 AM on Tuesday, October 17.
Newspapers
September 29, 2023
New IMRF Employee Trustee Douglas Cycholl
Cycholl's term will run through December 31, 2025.
Board Room
September 7, 2023
Highlights of the August 2023 Board Meeting
Board reviews CEM report and discusses strategic plan objectives.
Employer Access Training
August 25, 2023
New Employer Access Launching Soon
Learn how to navigate the new Employer Access.
Newspapers
August 25, 2023
IMRF Investments News
Information from the August 2023 meeting.
Board Room
August 21, 2023
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, August 25.
Money
August 18, 2023
Request for Proposals
IMRF has approved commitments to selected firms.
Illinois State Capitol
August 11, 2023
Recent Illinois Pension Law Changes
Learn about the impact for IMRF employers.
Board Room
June 8, 2023
Highlights of the May 2023 Board Meeting
Board receives update on actuarial valuation, approves 2023 Trustee election plan, and appoints Employee Trustee.
Newspapers
June 5, 2023
Financial Results for FY 2022
Executive Director Brian Collins shares an update on IMRF's preliminary numbers for 2022.
Newspapers
June 1, 2023
2023 13th Payment
The 2023 Supplemental Benefit Payment (13th Payment) will be direct deposited for eligible retirees on July 7, 2023. The amount will be 24.107% of your June benefit payment.
Newspapers
May 30, 2023
Jeffrey Stulir Appointed Employee Trustee
Stulir fills Employee Trustee vacancy. His term runs through December 31, 2023.
Newspapers
May 26, 2023
IMRF Investments News
Information from the May 2023 meeting.
Board Room
May 22, 2023
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, May 26.
Newspapers
May 17, 2023
We Hear You and We Are Adjusting in Response
We apologize if you have had difficulty contacting us. We are doing multiple things to remedy this.
Newspapers
May 16, 2023
A Thank You to Tracie Mitchell
Thank you Tracie Mitchell for your work as IMRF Employee Trustee from January 2021 to April 2023.
Newspapers
April 3, 2023
2023 Employer Rate Webinars
IMRF will present a series of Employer Rate webinars in May.
Newspapers
March 31, 2023
IMRF Investments News
Information from the March 2023 meeting.
Board Room
March 24, 2023
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, March 31.
Newspapers
March 8, 2023
The Market’s Effect on Employer Reserves
Are you a finance professional for an IMRF employer? If yes...
Money
February 17, 2023
Request for Proposals
IMRF requests proposals from firms that will deliver a multi-factor based U.S. Small Capitalization Equity Index.
Board Room
February 14, 2023
Highlights of the February 2023 Board Meeting
Board approves rates, discusses strategic plan. and more.
Newspapers
February 3, 2023
IMRF Investments News
Information from the February 2023 meeting.
Board Room
January 30, 2023
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, February 3.
Newspapers
January 30, 2023
2023 W-4P Form
The IRS has released the 2023 W-4P. File a new W-4P through our secure Member Access.
Newspapers
January 24, 2023
January EFTs delayed for alternate payees
The payment scheduled for January 26 will instead be deposited on February 1.
Board Room
January 20, 2023
Highlights of the January 2023 Board Meeting
Board sets committees for 2023.
Newspapers
January 18, 2023
1099-Rs Now Available in Member Access
IMRF retirees can now access their 1099-R for 2022 in Member Access.
Newspapers
January 11, 2023
IMRF Introduces its 2023-2025 Strategic Plan
IMRF’s Strategic Plan is an actionable way to reach our goals.
Newspapers
January 10, 2023
IMRF Smooths Market Gains and Losses for Employer Rates
Investment returns vary each year. IMRF uses smoothing to limit employer rate volatility.
Board Room
January 6, 2023
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Thursday, January 12 via MS Teams at 3:00 PM.
Board Room
December 28, 2022
Highlights of the December 2022 Board Meeting
Board certified election results, approves diversity report, sets 2023 meeting dates and more.
Newspapers
December 21, 2022
IMRF Offices Closed
IMRF Offices will be closed on Thursday, December 22 due to weather.
Newspapers
December 16, 2022
IMRF Investments News
Information from the December 2022 meeting.
Board Room
December 12, 2022
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, December 16.
Newspapers
December 7, 2022
IMRF and FTX
Information about IMRF's investment exposure to FTX
Board Room
December 5, 2022
Highlights of the November 2022 Board Meeting
Board approves 2023 rates, reviews Strategic Plan, discusses 2021 CEM Benchmarking Report and more.
Illinois State Capitol
December 1, 2022
Transfer IMRF Service to SERS
Eligible IMRF members have six months to transfer qualifying IMRF service credit to SERS.
Illinois State Capitol
December 1, 2022
Transfer Service from IMRF to Article 3 Police Pension
Eligible IMRF members have six months to transfer qualifying IMRF service credit to an Article 3 police pension fund.
Illinois State Capitol
December 1, 2022
IMRF Transfer Service Eligibility
Deadlines for eligible members to transfer service credit are approaching.
Newspapers
November 18, 2022
IMRF Investments News
Information from the November 2022 meeting.
Newspapers
October 18, 2022
IMRF Wins GFOA "Triple Crown"
Public Finance Organization recognizes IMRF for excellence in reporting.
Newspapers
October 13, 2022
IMRF Stays Strong in Market Downturn
Be assured, your pension is safe!
Money
October 6, 2022
Voluntary Additional Contributions Quiz
Take our quiz to test your knowledge about the Voluntary Additional Contributions (VAC) program.
Newspapers
September 26, 2022
Tom Kuehne to Return as Executive Trustee
The Board of Trustees will certify Kuehne as Executive Trustee at its December Meeting.
Board Room
August 31, 2022
Highlights of the August 2022 Board Meeting
Board discusses new Strategic Plan, passes resolutions and more.
Newspapers
August 19, 2022
IMRF Investments News
Information from the August 2022 meeting.
Board Room
August 11, 2022
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, August 19.
Newspapers
July 6, 2022
Angela Miller-May Receives Pacesetter Award
IMRF CIO - Angela Miller-May received the 2022 NASP Pacesetter Award for her practice of providing management opportunities for qualified women and minority-owned investment firms.
Illinois State Capitol
June 13, 2022
Transfer Service from Article 3 Police Pension to IMRF
Eligible IMRF members have six months to transfer service credit from Article 3 to IMRF SLEP.
Board Room
June 8, 2022
Highlights of the May 2022 Board Meeting
Board discusses Annual Valuation, Strategic Plan and more.
Newspapers
June 3, 2022
2022 13th Payment
The 2022 Supplemental Benefit Payment (13th Payment) will be direct deposited for eligible retirees on July 8, 2022. The amount will be 23.602% of your June benefit payment.
Newspapers
May 27, 2022
IMRF Investments News
Information from the May 2022 meeting.
Illinois State Capitol
May 17, 2022
Transfer Service from IMRF to Article 3 Police Pension
Eligible IMRF members have six months to transfer qualifying IMRF service credit to an Article 3 police pension fund.
Board Room
May 12, 2022
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, May 27.
Newspapers
May 10, 2022
IMRF Wins GFOA "Triple Crown" Again
Public Finance Organization recognizes IMRF for excellence in reporting.
Money
April 8, 2022
Private Equity Investment Manager Search
IMRF requested proposals from U.S. MWDBE firms to provide Private Equity Investment Management Services.
Board Room
April 6, 2022
Highlights of the March 2022 Board Meeting
Board discusses Russian divestment and cybersecurity.
Newspapers
April 4, 2022
2022 Employer Rate Webinars
IMRF will present a series of Employer Rate webinars in May.
Newspapers
April 4, 2022
IMRF and Covid
IMRF is committed to providing our members and employers the highest retirement services during the COVID-19 Pandemic.
Newspapers
March 25, 2022
IMRF Investments News
Information from the March 2022 meeting.
Board Room
March 21, 2022
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, March 25.
Board Room
February 22, 2022
Highlights of the February 2022 Board Meeting
Board approves rates, discusses strategic plan. and more.
Newspapers
February 11, 2022
IMRF Investments News
Information from the February 2022 meeting.
Newspapers
February 10, 2022
Financial Results for FY 2021
Executive Director Brian Collins shares an update on IMRF's preliminary numbers for 2021.
Board Room
February 4, 2022
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting at 9:00 AM on Friday, February 11.
Board Room
January 27, 2022
Legislative Committee Meeting
The IMRF Board Legislative Committee will meet on Monday, January 31 via MS Teams at 9:30 AM.
Newspapers
January 19, 2022
IMRF becomes Diversity in Action Initiative Signatory
IMRF is proud to promote diversity, equity and inclusion within our organization and industry.
Newspapers
January 18, 2022
1099-Rs Available Now in Member Access
IMRF retirees can now access their 1099-R for 2021 in Member Access.
Board Room
January 18, 2022
Highlights of the January 2022 Board Meeting
Board sets committees for 2022.
Newspapers
January 10, 2022
Updating your withholding? Use the 2021 W-4P
The IRS has updated IRS form W-4P for 2022. However IMRF can only accept the 2021 W-4P at this time.
Board Room
January 6, 2022
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Friday, January 14 via telephone at 9:00 AM.
Board Room
January 5, 2022
Highlights of the December 2021 Board Meeting
Board certified election results, approves diversity report, sets 2022 meeting dates and more.
Newspapers
December 17, 2021
IMRF Investments News
Information from the December 2021 meeting.
Board Room
December 13, 2021
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting on Friday, December 17, at the IMRF Oak Brook Office beginning at 9:00 AM
Board Room
December 3, 2021
Highlights of the November 2021 Board Meeting
Board approves 2022 rates, reviews Strategic Plan, passes new resolutions and more.
Newspapers
November 19, 2021
IMRF Investments News
Information from the November 2021 meeting.
Board Room
November 15, 2021
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting on Friday, November 19, at the IMRF Oak Brook Office beginning at 9:00 AM
Newspapers
September 22, 2021
David Miller to Return as Executive Trustee
The Board of Trustees will certify Miller as Executive Trustee at its December Meeting.
Board Room
September 3, 2021
Highlights of the August 2021 Board Meeting
IMRF ranks top in public pension funds, board submits report to Governor and approves new employers.
Newspapers
August 27, 2021
IMRF Investments News
Information from the August 2021 meeting.
Board Room
August 23, 2021
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Friday, August 27 at the IMRF Oak Brook Office beginning at 9:00 AM
Illinois State Capitol
July 28, 2021
Transfer Service to Article 3 Police Pension
Eligible IMRF members have six months to transfer qualifying IMRF service credit to an Article 3 police pension fund.
Angela Miller-May
July 20, 2021
IMRF Hires New Chief Investment Officer
IMRF today announced that Angela Miller-May will be the organization’s next CIO.
Newspapers
July 14, 2021
IMRF Wins GFOA "Triple Crown"
Public Finance Organization recognizes IMRF for excellence in reporting.
Board Room
July 9, 2021
Legislative Committee Meeting
The IMRF Board Legislative Committee will meet on Tuesday, July 20 via GoToWebinar at 9:00 AM.
Board Room
June 25, 2021
Special Board of Trustees Meeting
The IMRF Board of Trustees will have a special board meeting on Tuesday, June 29 via GoToWebinar at 9:00 AM.
Board Room
June 10, 2021
Highlights of the May 2021 Board Meeting
Board receives update on actuarial valuation, approves 2021 Trustee election plan, approves seven Board Resolutions
Newspapers
June 2, 2021
2021 13th Payment
The 2021 Supplemental Benefit Payment (13th Payment) will be direct deposited for eligible retirees on July 8, 2021. The amount will be 24.729% of your June benefit payment.
Newspapers
May 28, 2021
IMRF Investments News
Information from the May 2021 meeting.
Board Room
May 12, 2021
CIO Search Committee Meeting
The meeting will be held on Tuesday, May 18 via GoToWebinar at 10AM.
Newspapers
May 5, 2021
2021 Financial Update
Executive Director Brian Collins shares an update on IMRF's numbers for 2020.
Board Room
May 3, 2021
CIO Search Committee Meeting
The meeting will be held on Tuesday, May 11 via GoToWebinar at 1PM.
Board Room
April 8, 2021
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Friday, May 28 via GoToWebinar at 9:00 AM.
Board Room
April 6, 2021
Highlights of the March 2021 Board Meeting
Board approves cybersecurity contract and discusses the Horizon Project.
Newspapers
April 5, 2021
2021 Employer Rate Webinars
IMRF will present a series of Employer Rate webinars in May.
Board Room
March 31, 2021
Legislative Committee Meeting
The IMRF Board Legislative Committee will meet on Tuesday, April 6 via GoToWebinar at 9:00 AM.
Board Room
March 29, 2021
IMRF Seeks New CIO
Information about the position's responsibilities and preferred qualifications.
Newspapers
March 26, 2021
IMRF Investments News
Information from the March 2021 meeting.
Board Room
March 12, 2021
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Friday, March 26 via GoToWebinar at 9:00 AM.
Board Room
March 9, 2021
Legislative Committee Meeting
The IMRF Board Legislative Committee will meet on Tuesday, March 16 via GoToWebinar at 9:00 AM.
Board Room
March 8, 2021
Highlights of the February 2021 Board Meeting
Board approves rates, discusses strategic plan, welcomed new employers and more.
Board Room
March 2, 2021
Legislative Committee Meeting
The IMRF Board Legislative Committee will meet on Tuesday, March 9 via GoToWebinar at 9:00 AM.
Board Room
February 26, 2021
Legislative Committee Meeting
The IMRF Board Legislative Committee will meet on Tuesday, March 2 via GoToWebinar at 9:00 AM.
Board Room
February 12, 2021
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Friday, February 26 via GoToWebinar at 9:00 AM.
Board Room
January 21, 2021
Highlights of the January 2021 Board Meeting
Board welcomes new trustees and sets 2021 Committees.
Newspapers
January 20, 2021
1099-Rs Available Now in Member Access
IMRF retirees can now access their 1099-R for 2020 in Member Access.
Board Room
January 6, 2021
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Thursday, January 14 via GoToWebinar at 4:30 PM.
Board Room
December 30, 2020
Highlights of the December 2020 Board Meeting
Board certifies election, sets 2021 meeting dates, passes new resolutions and more.
Newspapers
December 18, 2020
IMRF Investments News
Information from the December 2020 meeting.
Board Room
December 10, 2020
Highlights of the November 2020 Board Meeting
Board approves 2021 rates, reviews Strategic Plan, passes new resolutions and more.
Newspapers
December 8, 2020
CIO Dhvani Shah to leave IMRF on December 28
An important announcement about IMRF's Chief Investment Officer.
Board Room
December 4, 2020
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Friday, December 18 via GoToWebinar at 9:00 AM.
Newspapers
November 24, 2020
IMRF Receives PPCC Award
IMRF recently received the 2020 Public Pension Standards Award for Funding and Administration.
Newspapers
November 13, 2020
IMRF Investments News
Information from the November 2020 meeting.
Board Room
November 6, 2020
Board of Trustees Meeting
The IMRF Board of Trustees will meet on Friday, November 13 via GoToWebinar at 9:00 AM.
Newspapers
October 1, 2020
October is National Retirement Security Month
We encourage you to reflect on your retirement goals.
Board Room
September 4, 2020
Highlights of the August 2020 Board Meeting
IMRF ranks top in pubic pension funds, board passes new Board Resolutions, submits report to Governor and reviews Strategic Plan.
Newspapers
August 28, 2020
IMRF Investments News
Information from the August 2020 meeting.
Newspapers
July 30, 2020
IMRF Investments News
Information from the July 2020 meeting.
Board Room
July 27, 2020
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting on Thursday, July 30 via GoToMeeting at 10:45 AM.
Newspapers
June 10, 2020
2020 13th Payment
The 2020 Supplemental Benefit Payment (13th Payment) will be direct deposited for eligible retirees on July 8, 2020. The amount will be 26.085% of your June benefit payment.
Newspapers
June 5, 2020
Corrected GASB 68 Report
Please see the Corrected GASB 68 Report in Employer Access.
Board Room
June 4, 2020
Highlights of the May 2020 Board Meeting
Board receives update on actuarial valuation, approves 2020 Trustee election plan, approves four Board Resolutions
Newspapers
June 1, 2020
IMRF Begins Gradual Return to Offices
As Illinois enters "Phase 3" of its Coronavirus Response Plan, IMRF remains committed to providing essential services.
Newspapers
May 29, 2020
IMRF Investments News
Information from the May 2020 meeting.
Board Room
May 26, 2020
Board of Trustees Meeting
The IMRF Board of Trustees will meet electronically for a regularly scheduled meeting on Friday, May 29 via GoToMeeting at 9:00 AM.
Money
May 11, 2020
Opportunistic and Distressed Private Credit Search
IMRF has at least $25 million to allocate to opportunistic and distressed private credit fund(s).
Newspapers
April 24, 2020
IMRF Offices Are Closed
IMRF Offices are closed during stay-at-home order for the State of Illinois due to COVID-19.
Newspapers
March 18, 2020
COVID-19 Coronavirus and IMRF Update
IMRF is making changes that prioritize the health and safety of its members, employers, and staff.
Board Room
March 17, 2020
Board Meeting via Teleconference
The IMRF Board of Trustees Meeting will be held via teleconference. The Board Committee Meetings have been cancelled.
Newspapers
March 16, 2020
Sunshine Week 2020
The Illinois Municipal Retirement Fund spotlights transparency in governmental information during the annual Sunshine Week observance.
Newspapers
March 13, 2020
2020 Employer Rate Webinars
IMRF will present a series of Employer Rate webinars in April and May.
Board Room
March 10, 2020
Highlights of the February 2020 Board Meeting
Staff shares strategic plan. Board approves death and disability rates, projects 13th payment, passes resolutions and more.
Newspapers
March 5, 2020
COVID-19 Coronavirus and IMRF
As the COVID-19 coronavirus has begun to spread, IMRF wants all stakeholders to know that their organization is preparing.
Newspapers
February 28, 2020
IMRF Investments News
Information from the February 2020 meeting.
Newspapers
February 28, 2020
2019 Financial Update
Executive Director Brian Collins shares an update on IMRF's preliminary numbers for 2019.
Money
February 25, 2020
MWBE Public Markets Investment Manager of Managers Search
The Quiet Period for this RFP began on February 3, 2020 and ended on August 28, 2020.
Newspapers
February 6, 2020
2020 W-4P Form
The IRS has released the 2020 W-4P. File a new W-4P through our secure Member Access.
Newspapers
January 22, 2020
IMRF Board opposes legislation to lower funding goal
IMRF opposes House Bill 4078 which would reduce IMRF funding goal to 80%.
Newspapers
January 21, 2020
Dhvani Shah Named in CIO Magazine’s Power 100
Dhvani Shah, IMRF Chief Investment Officer, is in CIO Magazine’s 2019 Power 100.
Newspapers
January 14, 2020
1099-Rs Available Now in Member Access
IMRF retirees can now access their 1099-R for 2019 in Member Access.
Board Room
January 8, 2020
Highlights of the December 2019 Board Meeting
Board certifies Employee Trustee, appoints Annuitant Trustee, appoints 2020 Officers, sets 2020 meeting dates and more.
Newspapers
December 30, 2019
GFOA Awards IMRF for Excellence
Public finance organization recognizes IMRF for comprehensive reporting excellence, for the 45th time.
Newspapers
December 23, 2019
IMRF Investments News
Information from the December 2019 meeting.
Newspapers
December 20, 2019
Copper certified as Employee Trustee
The Board of Trustees will certify Copper as Employee Trustee at its December Meeting.
Newspapers
December 20, 2019
William Stafford appointed as Annuitant Trustee
The Board of Trustees has appointed William Stafford as Annuitant Trustee at its December Meeting.
Board Room
December 12, 2019
Highlights of the November 2019 Board Meeting
Board approves new Strategic Plan, 2020 budget, new resolutions and more.
Newspapers
November 26, 2019
IMRF Chief Investment Officer Receives 2019 Institutional Trailblazer Award
Dhvani Shah receives Trailblazer Award recognizing leadership in diversity and inclusion in finance.
Newspapers
November 22, 2019
IMRF Investments News
Information from the November 2019 meetings.
Newspapers
November 14, 2019
IMRF Receives Malcolm Baldrige National Quality Award
IMRF is the first public pension fund in the nation to receive the Malcolm Baldrige National Quality Award for Performance Excellence.
Newspapers
November 7, 2019
Ready for Performance Excellence: Free Workshop for IMRF Employers
Drive organizational improvement with the help of IMEC.
Newspapers
October 3, 2019
Presidential Award Team Visits IMRF
Examiners for the nation's highest honor for organizational excellence, the Malcolm Baldrige National Quality Award, visited IMRF to evaluate the pension plan's operations.
Board Room
September 12, 2019
Highlights of the August 2019 Board Meeting
Board discusses new Strategic Plan, customer service benchmarking results, and more.
Money
September 3, 2019
Closed-End Global Opportunistic Real Estate Fund Search
IMRF requested proposals from investment management firms offering closed-end global opportunistic real estate products that have an investment strategy to invest in equity and debt real estate related investments. IMRF had at least $25 million to allocate.
Money
August 23, 2019
Investment Consulting and Performance Measurement Services
IMRF is requesting proposals from investment consulting firms to provide general investment consulting services across all major asset classes, periodic asset liability studies, and performance measurement services to its Board of Trustees and Staff.
Newspapers
August 23, 2019
IMRF Investments News
Information from the August 2019 meeting.
Board Room
July 1, 2019
Some Employers Receive Corrected GASB 68
In April, IMRF issued all employers GASB Statement No. 68-Employer Reporting Accounting Schedules. Last month, IMRF discovered that some of those schedules contained inaccurate information. For impacted employers, corrected documents are now available within the IMRF Employer Access Document Archive.
Board Room
May 31, 2019
Highlights of the May 2019 Board Meeting
Board receives update on actuarial valuation, approves 2019 Employee Trustee election plan, approves four Board Resolutions
Newspapers
May 17, 2019
IMRF Investments News
Information from the May 2019 meetings.
Newspapers
April 18, 2019
IMRF at IEA Assembly
The Illinois Municipal Retirement Fund (IMRF) supports our public school educators and support staff at the 165th Illinois Education Association Representative Assembly.
Board Room
April 11, 2019
Highlights of the March 2019 Board Meeting
Board approves 2020 phase-in rate option, hears update on 101st Legislative Session
Newspapers
April 2, 2019
IMRF Named Plan Sponsor of the Year
PLANSPONSOR magazine recognizes the Illinois Municipal Retirement Fund (IMRF) as the nation's top public defined benefit system.
Newspapers
April 1, 2019
2020 Preliminary Contribution Rate Notices
Employers may now access their 2020 Preliminary Contribution Rate Notice in Employer Access. Some employers will also see an optional phase-in rate for the Regular plan.
Newspapers
March 25, 2019
Alex Wallace Elected as IMRF Board President
Nationally-recognized retirement system taps Oswego resident to lead trustee board.
Newspapers
March 22, 2019
IMRF Investments News
Information from the March 2019 meetings.
Board Room
March 7, 2019
Highlights of the February 2019 Board Meeting
Board completes first step of Triennial Planning Process, approves 2020 death and disability rates, establishes 2019 committees
Newspapers
March 1, 2019
2019 Employer Rate Meetings
IMRF will present a series of Employer Rate Meetings throughout the state this spring.
Newspapers
February 28, 2019
Sunshine Week 2019
The Illinois Municipal Retirement Fund spotlights transparency in governmental information during the annual Sunshine Week observance.
Newspapers
February 25, 2019
2018 Personal Statement of Benefits Now in Member Access
Your annual Personal Statement of Benefits provides detailed information about the benefits available to you as an active IMRF member—retirement, disability, and survivor benefits.
Newspapers
February 22, 2019
2019 PLANSPONSOR Award Finalist
PLANSPONSOR Magazine recognizes IMRF as a finalist for excellence in defined benefit pension plans.
Newspapers
February 15, 2019
IMRF Investments News
Information from the February 2019 meetings.
Newspapers
February 14, 2019
2018 Financial Update for Members
IMRF Executive Director Brian Collins shares an update on IMRF's 2018 finances and the impact on members.
Newspapers
February 7, 2019
2018 Financial Update for Employers
IMRF Executive Director Brian Collins shares an update on IMRF's 2018 finances and the impact on employers.
Newspapers
February 5, 2019
IMEC Conference on Enterprise Excellence
IMEC is hosting the Conference on Enterprise Excellence on Wednesday, March 27, 2019.
Newspapers
February 1, 2019
Announcement Regarding February 1 Payments
About 270 IMRF payments scheduled for issuance on February 1 will be delayed by one business day. IMRF apologizes for the delay.
Newspapers
January 14, 2019
1099-Rs Available Now in Member Access
IMRF retirees can now access their 1099-R for 2018 in Member Access.
Newspapers
January 11, 2019
Effects of Assumed Rate of Return Reduction on IMRF Employers and Members
In December 2018, the IMRF Board of Trustees reduced the return it assumes it will earn on IMRF’s investment portfolio from 7.5% to 7.25%. This change affects IMRF employers and members in certain ways.
Money
December 17, 2018
Closed-End Unlisted Infrastructure Equity Fund Search
On September 12, 2018, IMRF requested proposals from investment management firms offering diversified North American and/or Global multi-sector (at least two sectors) focused closed-end unlisted infrastructure equity products. Responses were due no later than October 1, 2018.
Newspapers
December 14, 2018
GFOA Awards IMRF for Excellence
Public finance organization recognizes IMRF for comprehensive reporting excellence, for the 44th time.
Newspapers
December 14, 2018
IMRF Board Reduces Assumed Rate of Return
IMRF Board of Trustees lowered the assumed rate of investment return from 7.5% to 7.25% net of fees.
Newspapers
December 14, 2018
IMRF Investments News
Information from the December 2018 meetings.
Board Room
December 11, 2018
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting on Friday, December 14, at the IMRF Oak Brook Office beginning at 9 a.m.
Newspapers
November 19, 2018
IMRF Investment Assumed Rate of Return
IMRF Board of Trustees to consider lowering IMRF's assumed rate of return on its investment portfolio.
Newspapers
November 16, 2018
IMRF Investments News
Information from the November 2018 meetings.
Board Room
November 13, 2018
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting on Friday, November 16, at the IMRF Oak Brook Office beginning at 9 a.m.
Newspapers
October 12, 2018
National Retirement Security Week
The Illinois Municipal Retirement Fund (IMRF), the state’s second-largest and best-funded statewide public pension plan, is alerting citizens from Metropolis to Wauconda, to be their own heroes during National Retirement Security Week, October 21-27, 2018.
Newspapers
October 11, 2018
Presidential Award Team Visits IMRF
Examiners for the nation's highest honor for organizational excellence, the Malcolm Baldrige National Quality Award, visited IMRF to evaluate the pension plan's operations.
Board Room
August 23, 2018
Board of Trustees Meeting
The IMRF Board of Trustees will meet for a regularly scheduled meeting on Friday, August 24, at the IMRF Oak Brook Office beginning at 9 a.m.
Newspapers
August 17, 2018
Team Leader Named to National Board
Kathy Goerdt, the Performance Excellence Manager of the Illinois Municipal Retirement Fund, is now on the Board of Examiners for the nation's highest honor for organizational excellence.
Newspapers
July 19, 2018
Face to Face with Pensions & Investments
Rick Baert of Pensions & Investments chats with Chief Investment Officer Dhvani Shah about IMRF's strategies and what it's like to be a global investor for a locally-funded, governmental plan.
Newspapers
June 27, 2018
The 13th Payment: IMRF's Unique Benefit
The back story of the 13th payment, a benefit unique to IMRF and often misunderstood, even by the people who receive it.
Newspapers
June 26, 2018
2018 13th Payment
The 2018 Supplemental Benefit Payment (13th Payment) will be direct deposited for eligible retirees on July 9, 2018. The amount will be 28.134% of your June benefit payment.
Newspapers
June 22, 2018
IMRF in Forbes Magazine
Forbes spotlights public pensions across Illinois and how IMRF operates in a culture of quality.
Money
May 31, 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.
Newspapers
May 2, 2018
Rate Meetings - Local Coverage
Click to read more about our Rate Meetings in the news.
Newspapers
May 1, 2018
2018 Rate Meetings
Executive Director Brian Collins and Chief Financial Officer Mark Nannini share an overview of IMRF financial returns and what the numbers mean for employers and taxpayers.
Newspapers
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.
Newspapers
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.
Newspapers
January 31, 2018
ILPEx Conference on Enterprise Excellence
ILPEx is hosting the Conference on Enterprise Excellence on Thursday, February 22, 2018.
Newspapers
January 31, 2018
2017 IMRF Financial Update
Executive Director Brian Collins shares an update on IMRF's preliminary numbers for 2017.
Newspapers
December 22, 2017
IMRF Receives Golden Honor
Statewide public retirement system receives prestigious excellence award for performance.
Photo of named IMRF Executive Director Brian Collins
November 17, 2017
Memphis CFO named next Executive Director
The IMRF Board of Trustees today announced the hiring of City of Memphis Chief Financial Officer and Director of Finance and Administration Brian Collins as the organization’s next executive director.
Newspapers
November 17, 2017
IMRF Investments News
Information from the November 2017 meetings.
Money
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.
Newspapers
October 26, 2017
IMRF Wins GFOA Awards for Excellence
Public finance organization recognizes IMRF for comprehensive reporting excellence, for the 43rd time.
Newspapers
October 16, 2017
National Retirement Security Week 2017
The best-funded statewide public pension in Illinois encourages smart savings.
IMRF Investment Analyst Mordecai Tolbert and NBC Chicago Reporter Christian Farr.
September 19, 2017
NBC Covers IMRF Volunteer
IMRF Investment Analyst Mordecai Tolbert appeared on NBC Chicago to talk about volunteering with Big Brothers Big Sisters of Metropolitan Chicago.
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
Lou in Crain's
July 13, 2017
Crain's Covers Kosiba's Retirement
Senior Reporter Lynne Marek sat down with outgoing IMRF Executive Director Louis W. Kosiba.
Announcement
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.
Money
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.
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.
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
December 19, 2016
IMRF in Crain's Chicago Business
The leader of the best-funded public pension plan in Illinois shares thoughts on retirement and reform.
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.
Newspapers
March 14, 2016
2016 Brings "Standout" Status for IMRF
PLANSPONSOR just named the Illinois Municipal Retirement Fund as a "Standout" as part of its 2016 "Awards for Excellence" program.
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 30, 2015
IMRF Recognizes Year of the Volunteer Honoree Scott Garrison
IMRF recognizes Lake Zurich retiree's dedication to the environment
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.
Newspapers
September 9, 2015
IMRF Recognized for Surviving 2008 Financial Crisis
Diane Oakley, executive director of the National Institute on Retirement Security, recognized IMRF's ability to weather the 2008 financial crisis.

Newspapers
July 21, 2015
IMRF hosts brain-health retiree workshop in Arlington Heights
IMRF hosted the brain-health workshop, "Hold that Thought," on July 15 for its retirees in Arlington Heights
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
June 16, 2015
IMRF recognizes Marianne Marlow for her volunteer efforts
IMRF recognizes Rockford retiree, Marianne Marlow, for her volunteer efforts.
Newspapers
June 5, 2015
IMRF is investing $200m in four value-added real estate funds.
IMRF committing $200m in four U.S.value-add real estate funds.
IMRF in the News
May 18, 2015
Executive Director urges IMRF members to volunteer
IMRF to support statewide “Year of the Volunteer” initiative during 2015
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.

Newspapers
April 30, 2015
Executive Director visits Peoria to talk employer rates
IMRF employer contribution rates to decrease for the City of Peoria and Peoria County.
Newspapers
April 30, 2015
Executive Director discusses employer rates in Moline
IMRF employer contribution rates to decrease for the Quad-Cities.
Newspapers
April 30, 2015
Executive Director updates Mount Vernon employers on rates
IMRF employer contribution rates to decrease for the City of Mount Vernon and Jefferson County.
Newspapers
April 30, 2015
Executive Director discusses employer rates in Springfield
IMRF employer contribution rates to decrease for the City of Springfield and Sangamon County.
IMRF in the News
April 10, 2015
Pittsburgh NPR affiliate highlights IMRF as a model pension system
The Pittsburgh, PA., NPR affiliate highlighted IMRF as a model pension system in a recent piece on Pennsylvania’s distressed municipal pensions.
Newspapers
March 23, 2015
IMRF Executive Director Appointed to the ILPEx Board of Trustees
IMRF Executive Director Louis W. Kosiba was appointed to the Illinois Performance Excellence (ILPEx) Board of Trustees. His three-year term begins March 26, 2015.
IMRF in the News
February 25, 2015
IMRF Recognized as a Well-Funded Pension Plan
The Center for State and Local Government Excellence recognizes IMRF for its long tradition of being well-funded and its successful pension practices.
IMRF in the News
February 17, 2015
David C. Miller begins first term on Oak Brook-based IMRF board of trustees
North Shore Sanitary District Deputy Treasurer and Assistant General Manager David C. Miller was elected to the Illinois Municipal Retirement Fund (IMRF) board of trustees as an executive trustee. His five-year term began Jan. 1.
IMRF in the News
February 17, 2015
Former President of Oak Brook-based IMRF Board of Trustees Elected to Second Term as Employee Trustee
Evanston resident Natalie Copper – who has previously served as president, vice president and secretary of the IMRF board of trustees – was elected to her second term as employee trustee. Copper has served as an employee trustee since January 2010. Her new, five-year term began Jan. 1.
IMRF in the News
February 10, 2015
Former President of IMRF Board Trustees Elected to Second Term as Employee Trustee
Evanston resident Natalie Copper - who has previously served as president, vice president and secretary of the IMRF board of trustees - was elected to her second term as employee trustee. Copper has served as an employee trustee since January 2010. Her new, five-year term began Jan. 1.
IMRF in the News
February 10, 2015
North Shore Sanitary District Deputy Treasurer Elected to IMRF Board of Trustees
North Shore Sanitary District Deputy Treasurer and Assistant General Manager David C. Miller was elected to IMRF board of trustees as an executive trustee. His five-year term began Jan. 1.
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.
IMRF in the News
December 12, 2014
Oak Brook-based IMRF Receives Excellence Award
Trib Local, December 12, 2014: Illinois Performance Excellence announces Illinois Municipal Retirement Fund of Oak Brook, IL is a recipient of the 2014 Silver Award for "Progress toward Excellence" for demonstrating effective, systematic, well-deployed approaches that respond to the multiple requirements to most of the Criteria.
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.

IMRF in the News
October 12, 2014
Boosting Retirement Savings
The News-Gazette, October 12, Oct. 19-25 — is National Save for Retirement Week, and the Illinois Municipal Retirement Fund is offering seven tips for increasing retirement savings.
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).