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In This Issue:
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Quick Links:
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 BREAKING NEWS:
IMRF Board certifies 2016 election results
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At the December 16, 2016, meeting, the IMRF Board of Trustees certified the results of the 2016 Board elections.
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David Miller
Executive Trustee |
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Executive Trustee David Miller,
Deputy Executive Director and Treasurer for the North Shore Water Reclamation District, was re-elected to the Board by IMRF employers. Miller will serve
a five-year term of office, from
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Alex Wallace, Jr.
Employee Trustee |
January 1, 2017, through December 31, 2021.
The Board also certified current Trustee Alex Wallace, Jr., Bus Driver for Oswego Community Unit School District 308, as the winner of the Employee Trustee election. Wallace, who was appointed in July 2016 to fill the vacancy left by John Piechocinski, ran unopposed for the Employee Trustee position. He will serve a four-year term of office, from January 1, 2017, through December 31, 2020.
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NEW Annual Documentation section
added to Employer Access
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IMRF recently introduced a new Annual Documentation section to Employer Access.
Located under the "Documents" section (shown below), Authorized Agents and Web Assistants can click on "Display Annual Documents" to review their employer's key IMRF documents.
Documents are categorized by release year, dating from 2014 through 2016, as shown below. Important IMRF documents include GASB 68 Statements, Preliminary and Final Rate Notices, Reserve Statements, and more, as applicable to your employer.
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November 2016 Board Meeting Highlights
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At the November 18, 2016, Board meeting, the Board:
- Approved 2017 rates
- Approved adjustments to IMRF's target strategic asset allocation for the investment portfolio
- Approved IMRF's budget for 2017
The next regularly scheduled Board meeting is taking place today, December 16, 2016, at IMRF's Oak Brook office.
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IMRF's 75th Anniversary:
A year-long celebration
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IMRF recognized its 75th Anniversary throughout 2016 with special events that not only honored the milestone anniversary, but also honored our members, stakeholders, and employers. Established in 1941 with five employers and a $5,000 investment in a U.S. Treasury Bond, IMRF has grown to serve 2,972 units of government with an investment portfolio valued at $34.3 billion (as of December 31, 2015).
 Part of the celebration included a special 75th Anniversary logo used in IMRF's newsletters, annual report, and promotional materials. A dedicated 75th Anniversary web page included "IMRF Stories," a series profiling IMRF retirees, and a special message from Executive Director Louis W. Kosiba.
Employers, members, and retirees received 75th Anniversary history booklets outlining the fund's landmark events, poster-sized "Memorable Milestones" timelines marking key achievements in IMRF's history, and keepsake magnets. Employers were invited to Employer Appreciation Meet-and-Greet events, held at both IMRF's Springfield and Oak Brook offices. Additionally, IMRF saluted the historic "First Five" organizations with a special presentation of a commemorative plaque. IMRF's "First Five" include: the City of Evanston, the Village of Riverside, the City of Galesburg, the City of Rockford, and the Rockford Park District.
At the close of its year-long 75th Anniversary celebration, IMRF is poised to best serve its members, retirees, and employers with dedication and distinction for the next 75 years ... and beyond.
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2211 York Road, Suite 500
Oak Brook, IL 60523-2337
Member-only Phone: 1-800-ASK-IMRF (275-4673)
Employer-only Phone: 1-800-728-7971
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