October 31, 2017

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OneIMRF Board interviews candidates for Executive Director
Earlier this month, the IMRF Board of Trustees interviewed candidates to become the organization's next Executive Director. Soon, the Board will execute second-round interviews. The Board's goal remains to announce the next Executive Director during the fourth quarter, with a start date during early 2018. While this is a confidential process, the Board remains committed to keeping members, retirees, and employers informed of key developments.
The IMRF Executive Director is appointed by and reports to the IMRF Board of Trustees. In addition to other duties, the position has responsibility for the general administration of IMRF, as well as the achievement of the organization's Mission and Vision Statements.
There are eight members of the IMRF Board of Trustees. Four are elected by IMRF employers, three by IMRF active members, and one by IMRF retirees. Each Trustee is either vested in the system or receiving an IMRF pension.
Current Executive Director Louis W. Kosiba announced his pending retirement earlier this year.
Two2018 Final Rate Notices available November 1
Your employer's 2018 Final Rate Notice will be available in the Employer Document archive of Employer Access. To retrieve and download the notice, log in to your Employer Access account; the document will be located in the "Annual Documents" section.
The Final Rate Notice provides your employer's 2018 Annual Contribution Rate for its IMRF plans. If you have questions about your employer's rate notice, contact IMRF using the employer-only phone, 1-800-728-7971, to speak with a Member Services Representative.
ThreeIMRF receives GFOA awards
The Government Finance Officers Association (GFOA) has awarded IMRF with a Certificate of Achievement for Excellence in Financial Reporting for its 2016 Comprehensive Annual Financial Report (CAFR). The CAFR shares high-level organizational facts and figures about IMRF for fiscal year 2016.
Earning 43 awards, IMRF is in the highest percentile of winners. Out of thousands of annual entries, IMRF holds a top-ten spot among all-time award recipients, according to GFOA's online records.

In addition to the certificate for the CAFR, IMRF also received the Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR). The PAFR, prepared for the general public, presents IMRF's core financial data using more relatable terminology.

Both award-winning publications are available for download at www.imrf.org  under the Forms and Publications Archive tab; select "Annual Financial Reports." Read the complete press release here.
FiveOctober Employer Reminder
Special Edition: 2017 Executive Trustee Election
This fall, IMRF will elect one Executive Trustee for a five-year term. The five-year term of office will run from January 1, 2018, through December 31, 2022. Ballots and candidate biographies were mailed to Authorized Agents or governing bodies on October 11, 2017.
Review election details for eligible voting members of IMRF and read candidate information in the October 2017 Special Edition 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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