New IMRF Employee Trustee Douglas Cycholl

Douglas Cycholl was unopposed in running for IMRF Employee Trustee. His term as Employee Trustee will run January 1, 2024 through December 31, 2025. Cycholl is the Fire Hydrant Foreman for the City of Springfield, IL.


“As President of Local 337 for 12 years, I am an experienced advocate,” Cycholl said. “As an IMRF Trustee, I look forward to advocating for the members of IMRF.” 


IMRF is governed by an eight-member Board of Trustees:


  • Three Employee Trustees elected by active members
  • One Annuitant Trustee elected by retired members 
  • Four Executive Trustees elected by IMRF employers


The IMRF Board has many responsibilities, including authorizing IMRF investments, approving the administrative budget, and setting employer contribution rates. IMRF's Trustees are fiduciaries, required to act solely in the interests of you and your beneficiaries, and to make sure that your benefits are secure.


For information on IMRF's Board of Trustees, click here

IMRF Executive Trustee Election this Fall

IMRF employers will vote to elect one Executive Trustee this fall. Candidates running for Executive Trustee are Jack Bower, Executive Director of the Broadview Public Library, and current IMRF trustee Sue Stanish, Director of Finance for the Naperville Park District. For more information on the Executive Trustee election, click here.

October is National Retirement Security Month

National Retirement Security Month is an annual effort each October to raise public awareness about the importance of saving for retirement. It's a time to reflect on your personal retirement goals.

 

IMRF's Voluntary Additional Contributions (VAC) program is a unique retirement savings opportunity available to IMRF members only. The consistent interest rate of IMRF's VAC program (currently 7.25%) makes it a particularly attractive retirement savings option in times of market volatility.

 

For more details, check out this VAC fact sheet.

Webinar Now Available on the IMRF Website to Watch Whenever it's Convenient for You!

IMRF's Pre-Retirement Workshop webinar is for IMRF members who are within five years of retirement. It will address the steps you must take before and during the IMRF retirement application process.


The Pre-Retirement Workshop webinar is now offered online, on-demand on the IMRF website. You can view this recently recorded webinar at any time, when it is convenient for you. To watch the Pre-Retirement Workshop webinar, click here.


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