January Closing Date For 2016 Payroll; December Board Meeting Highlights; December 2016 Employer Reminder

December 30, 2016


In This Issue: January closing date for 2016 payroll December 2016 Board Meeting Highlights December 2016 Employer Reminder	Quick Links: Visit IMRF's website Log in to Employer Access Employer Digest email archive

January closing date for 2016 payroll

The December 2016 wage report is due no later than January 10, 2017. Submitting the final 2016 wage report and any adjustments by January 10 will allow IMRF to include the information in the 2016 Member Statements of Account. Employers should also resolve any outstanding suspended wages by January 10, 2017.

For more timely submissions, Authorized Agents should log in to Employer Access and utilize IMRF's Employer Access Web Wage Reporting. This provides IMRF employers an accurate way to report member wages and contributions to IMRF.

Wage reports and any adjustments received after January 10, 2017, may not appear until the 2017 Member Statements of Account (scheduled for distribution in early 2018) and the employer's GASB statements.

December 2016 Board Meeting Highlights

At the December 16, 2016, Board Meeting, the Board:

Certified the results of the Executive Trustee election, which re-elected Executive Trustee David Miller of the North Shore Water Reclamation District.
Certified the results of the Employee Trustee Election, naming incumbent Employee Trustee Alex Wallace, Jr., of Oswego Community Unit School District 308.
Elected new Board officers

Read more in the December 2016 Board Meeting Highlights.

The next regularly scheduled Board meeting will be held Friday, February 17, 2017, at IMRF's Oak Brook office.

December 2016 Employer Reminder:

Six IMRF documents to be released in 2017

In 2017, IMRF employers will receive six key documents:

Employer Reserve Account Statement
Employer Copies of Member Statements
Preliminary Rate Notice
GASB 50 Footnote Disclosure
GASB 68 Report
Final Rate Notice

These documents will be located in the new Annual Documentation section of Employer Access, and will detail your employer's pension assets, liabilities, and contribution rate.

Employers may review the 2017 release schedule and learn more about each document in the December 2016 Employer Reminder.

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IMRF

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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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