IMRF's 2023 Annual Comprehensive Financial Report (ACFR), Popular Annual Financial Report (PAFR), and associated documents are available on IMRF's website. Your auditor will need these documents if your employer follows Generally Accepted Accounting Principles (GAAP) in its financial reporting.

You will find the 2023 ACFR and Detailed List of 2023 Investments on the Annual Financial Reports page. The PAFR is available here.

Additional documents available 

The following documents are located in the Document Viewer in new Employer Access. Click on the folder icon in the left toolbar on the Employer Access homepage, and then click Document Viewer. Type the name of the document into the search bar, and hit the search button. 

• 2023 Schedule of Changes in Fiduciary Net Position by Employer
• 2023 Reconciliation Adjustments Schedule
• 2023 IMRF Census Data Attestation Report
• 2023 Soc 1 Type 2 Report

The 2023 Actuarial Valuation and 2023 Gain/Loss Analysis are now located on the Reports for Employers page of the IMRF website.

If you have any questions, please call Employer Services at 1-800-728-7971.

To make a payment to IMRF, log into Employer Access, click on the graph icon in the toolbar on the left side of the screen, and select Account Summary.

In the Payables window, select the box for the appropriate invoice in the Outstanding Invoices section you wish to pay.

This can be a partial amount of the total balance that is due, however, interest accrues after the 20th of the month.

Or, to apply an Unapplied Credit toward the invoice, select the box for the appropriate credit in the Unapplied Credits section. Click Continue to proceed to payment finalization.

The Account Summary page includes a Payables tab, a Receivables tab, and a Receivables History tab. Once you are done on this page, click Continue to proceed to payment finalization. This will take you to the Review and Submit Your Payment screen. Review the transaction detail and the banking information and click the Submit button.

For more detailed instructions on making payments, click here. Next to the training topic Making Payments to IMRF, click on the PPT file and scroll to page 7.

Please note: The debit to your account takes a few days after the selected debit date. Then IMRF's treasury department needs to process the cash receipt. You may continue to receive the outstanding invoice notifications until the whole process is complete.

Each July, eligible 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.

Timing and Amount of the 13th Payment for 2024

This year, 13^th Payments for qualifying retirees are scheduled to be deposited on July 1, in the same deposit as the retiree's July 1 monthly payment. In the past, IMRF made a separate deposit for the 13th Payment. Now, the July 1 monthly payment and the 13th Payment will both be included in a single deposit.

The amount will be 25.000% of the Retiree's June benefit payment.

For More Information 

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

Several new questions and answers have recently been added to the Employer FAQ webpage, and more will be added soon. Be sure to check back regularly for new information and answers to your questions.

New questions include:

• How do I reconcile the amount charged on my wage report invoice?

• How do I terminate a health insurance deduction? 

• How do I set up a retroactive health insurance deduction? 

Click here to visit the Employer Access FAQ page.

To view a recording from the Employer Rate Meetings held last month, please click here.

Topics Covered

The Rate Meeting webinars, conducted by IMRF Executive Director Brian Collins and Chief Financial Officer Mark Nannini, reviewed the impact of year-end financial results and actuarial data on IMRF, and the data's estimated impact on employers.

Unlike regular employees, elected officials have the option to participate in IMRF when the position meets the applicable hourly standard.

IMRF employer compliance reviews show that officials often believe they are participating in IMRF when they are not. If this error is not corrected, an official may lose service credit depending on when the error is discovered. A loss of service credit will reduce the value of the member’s retirement annuity.

An elected official may choose to participate in IMRF when these two requirements are met:

1. The employer must certify that the specific elected position meets the hourly standard of either 600 or 1000 hours per year.

2. The official must complete and submit an Election to Participate for Qualifying Position form to IMRF. The form is created after an enrollment for an elected position is made in Employer Access, and it is sent to the member through their Member Access account and/or the mail. The member must print the form, sign it, and get the signature of their Authorized Agent. The Authorized Agent will then submit the form through Secure Message in Employer Access. 

IMRF also requires this form when a member goes from a non-elected qualifying position to an elected qualifying position. Simply continuing to make member contributions is not sufficient for IMRF participation once a member moves to an elected position.

Failure to properly notify IMRF of the move to a qualifying elected position may result in the loss of service credit and reduce the official’s retirement benefit.

For more information

To learn more about IMRF participation, eligibility verification, and more, see Section 3.65E of the Authorized Agent manual. For specific questions, call the employer-only number: 1-800-728-7971.

Please do not advise IMRF members to call the IMRF Employer-only 1-800 number. There has been an increase in member calls to this phone number recently. This number takes members to a separate call center, and their calls will need to be transferred to the Member Contact Center. This slows service to employers calling the Employer-only line.

We are aware of the delays and frustrations some members have experienced getting through to the Member Contact Center, and we are working diligently around the clock to bring wait times and response times back down for our members.