IMRF recently received the 2020 Public Pension Standards Award for Funding and Administration from the Public Pension Coordinating Council (PPCC). The award recognizes IMRF's achievement in meeting professional standards for plan funding and administration, as set forth in the Public Pension Standards.
The PPCC is a coalition of three national associations that represent public retirement systems and administrators: National Association of State Retirement Administrators (NASRA), National Council on Teacher Retirement (NCTR), and National Conference on Public Employee Retirement Systems (NCPERS). These public retirement systems cover the majority of public employees in the United States.
The Public Pension Standards reflect the expectations for public retirement system management, administration and funding, serving as a benchmark measuring all defined benefit public plans. IMRF is a multiple recipient of a PPCC award.