Friday, June 9, 2023

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

2022 Annual Comprehensive Financial Report and Other Reports Available

IMRF's 2022 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:


  • 2022 Schedule of Changes in Fiduciary Net Position by Employer
  • 2022 Reconciliation Adjustments Schedule
  • 2022 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.

May 2023 Board Meeting Highlights

On Friday, May 26, 2023, the IMRF Board of Trustees:


  • Received an update on IMRF's 2022 actuarial valuation
  • Appointed Jeffrey Stulir as an Employee Trustee for the term ending December 31, 2023
  • Approved plans for the 2023 Executive Trustee and Employee Trustee elections
  • Learned about activities undertaken during the first quarter in support of the 2023-2025 Strategic Plan
  • Approved the participation of three new units of government


For more information

You can read the full report in the May 2023 Board Meeting Highlights.


The next meeting of the full IMRF Board of Trustees will be held Friday, August 25. You can view the 2023 Board of Trustees meeting calendar here.

2023 13th Payment Scheduled for July 7 

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 2023 13th payment 

This year, eligible retirees will receive their 13th Payment on July 7, 2023. The amount will be 24.1% of their June benefit payment.


For more information 

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

Authorized Agent Webinars 

We offer these online webinars for Authorized Agents to learn more about IMRF procedures and how to administer IMRF. Register today!


June 2023

  • Part 2: IMRF Benefits, Employer Rates, and Legislation – June 20


July 2023

  • Part 1: Introduction, Enrollment, Wage Reporting, and Termination – July 11
  • Part 2: IMRF Benefits, Employer Rates, and Legislation – July 25


August 2023

  • Part 1: Introduction, Enrollment, Wage Reporting, and Termination – August 8
  • Part 2: IMRF Benefits, Employer Rates, and Legislation – August 22


All sessions run 9:00 AM to 10:30 AM.


Webinar structure

This 2-part webinar series prepares IMRF Authorized Agents to perform common IMRF tasks. Note: to receive a completion certificate, you must attend the session live, not watch a recording.


Together, these two 90-minute webinars cover the topics included in the former one-day workshop. Each webinar stands alone, and you can attend them in either order. You are unable to cancel registration from a single module.

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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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