Friday, June 10, 2022

Welcome to Employer Digest, your monthly source for IMRF news and
information to help you stay connected with IMRF.

2021 Annual Comprehensive Financial Report

IMRF's 2021 Annual Comprehensive Financial Report (ACFR), Popular Annual Financial Report (PAFR), and associated documents are available on IMRF's website.


View these documents on the Annual Financial Reports page.


Additional documents available 

The following documents are located in the Display Annual Documents section of Employer Access:


  • 2021 Schedule of Changes in Fiduciary Net Position by Employer
  • 2021 Reconciliation Adjustments Schedule
  • 2021 IMRF Census Data Attestation Report


Questions?

If you have any questions about IMRF's annual reports, call the employer-only number: 1-800-728-7971.

Employer Rate Webinar Recording Available

IMRF's 2022 Employer Rate Webinar is now available on IMRF's website. During the webinar, Executive Director Brian Collins and Chief Financial Officer Mark Nannini shared:


  • The impact of year-end financial and actuarial data on IMRF
  • The data's estimated impact on individual employers


Content on webinar page

This Employer Rate webinar page includes:


  • A link to view the webinar program in its entirety
  • A link to download the presentation's slides
  • Comments from the attendees


Share the webinar with others 

We encourage you to share the webinar with your employer's financial officers, governing body members, and other interested parties.

May 2022 Board Meeting Highlights

On Friday, May 27, 2022, the IMRF Board of Trustees:


  • Received an update on IMRF's 2021 actuarial valuation
  • Approved plans for the 2022 Executive Trustee election
  • Learned about activities undertaken during the first quarter in support of the 2020-2022 Strategic Plan, as well as the next steps for creating our new strategic plan
  • Approved the participation of four new units of government


For more information

You can read the full report in the May 2022 Board Meeting Highlights.


The next meeting of the full IMRF Board of Trustees will be held Friday, August 19. You can view the 2022 Board of Trustees meeting calendar here.

2022 13th Payment Scheduled for July 8 

Each July, IMRF retirees receive a supplemental benefit payment, commonly known as the "13th Payment." The 13th Payment is paid entirely by employer contributions. Each employer contributes 0.62% of its IMRF member payroll to pay for this benefit.


Amount of the 2022 13th payment 

This year, eligible retirees will receive their 13th Payment on July 8, 2022. The amount will be 23.6% of their June benefit payment.


For more information 

You can learn more about the 13th Payment on IMRF's website.

Visit IMRF's website
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Oak Brook, IL 60523-2337 (Main Office)
3000 Professional Dr., Ste. 101, Springfield, IL 62703
Member-only Phone: 1-800-ASK-IMRF (275-4673)

Employer-only Phone: 1-800-728-7971
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