The objective of the IMRF Wage Reconciliation is to validate that employers reported wages to IMRF accurately and employees are properly enrolled in IMRF. The most recent wage report submitted to IMRF is tested by reviewing all check dates within the test month’s payroll registers for the entire entity. This includes other entities that may be reported through the employer that is being audited such as a co-op under a school district or a library under a city. The gross wages minus items not reported to IMRF should reconcile to the total wages reported to IMRF in the test month.
Examples of items you may not be reporting to IMRF:
- Individuals not participating in any retirement systems (provide hours and wages to IMRF).
- Individuals participating in another retirement system (i.e., TRS, police, fire).
- Wages related to resolutions not currently on file with IMRF.
- Other wages that do not have a pension deduction.
View Sample Reconciliation.