February 28, 2018


In This Issue:
Quick Links:
OneGeneral Memo 675:
2018 Employer Rate Meetings
IMRF will present the 2018 Employer Rate Meeting series beginning April 23, 2018. At each one-hour meeting, held at venues across the state, IMRF principals will review the impact of year-end financial and actuarial data on the Fund and the data's estimated impact on individual employers.
 
IMRF encourages Authorized Agents, chief financial officers, governing body members, and all other officials and interested parties from your employer to attend the meeting scheduled in your area. Review General Memo 675 for Rate Meeting dates, locations, and registration information.
TwoIMRF receives ILPEx Gold Award 
On Thursday, February 22, 2018, IMRF accepted the 2017 Illinois Performance Excellence (ILPEx) Gold Award for "Achievement of Excellence" at the ILPEx Awards for Excellence Ceremony. During the awards presentation, IMRF Executive Director Brian Collins thanked ILPEx for their support on IMRF's journey of excellence as well as the people who have helped IMRF achieve this significant milestone. 
 
From left: Deputy Executive Director Dan Duquette, Performance Excellence Manager Kathy Goerdt, ILPEx Board of Trustees Chairman David Fox, IMRF Board of Trustees President Natalie Copper, Executive Director Brian Collins, and ILPEx Executive Director Ben Krupowicz.
 
"I am honored to accept this award on behalf of our members, our employers, our Board of Trustees, as well as the absolutely fabulous staff at IMRF who have done all this incredible work," said Collins.
 
The ILPEx Recognition Program is Illinois' Baldrige Performance Excellence Program affiliate. Since IMRF's involvement with ILPEx started in 2009, IMRF has received four ILPEx awards: one Bronze Award for "Commitment to Excellence" in 2009, two Silver Awards for "Progress toward Excellence" in 2012 and 2014, and now the Gold Award.

ThreeFebruary 2018 Employer Reminder:
Evaluate positions yearly for IMRF participation
It is an Authorized Agent's responsibility to ensure there is an annual review of all positions for IMRF participation. This is a very significant responsibility that should never be neglected.
 
Changes in the work responsibilities and hours of a position often affect whether those positions qualify for IMRF. Review IMRF's hourly qualifications and measurement considerations, as well as the necessary steps should a position require reclassification in the February 2018 Employer Reminder.
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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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