Welcome to Employer Digest, your monthly source for IMRF news and
information to help you stay connected with IMRF.
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Petitions Now Accepted for Executive Trustee Election
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IMRF is now accepting nominating petitions for the 2020 Executive Trustee election.
Petitions will be accepted through Tuesday, September 15, at 4:30 PM CST. Completed petitions may be scanned and emailed to IMRFTrusteeElection@imrf.org, mailed or hand delivered to IMRF's Oak Brook or Springfield offices, or faxed to 630-706-4656, ATTN: IMRF Trustee Petitions.
One Executive Trustee position
IMRF employers will elect one Executive Trustee to the Board of Trustees this fall to a five-year term that will run from January 1, 2021 through December 31, 2025.
The 2020 Trustee elections also include one Annuitant Trustee seat and two Employee Trustee seats.
Executive Trustee qualifications
To qualify for the position, a candidate for Executive Trustee must:
- Be employed by a participating governmental unit as chief executive officer, chief finance officer, or other officer, executive, or department head.
- Be an active and vested IMRF member as of December 31, 2020.
- Gain the nomination of at least three IMRF employers, each of whom must submit a nominating petition to IMRF.
For more information
More information about the 2020 Executive Trustee election, including nominating procedures, qualifications, sample petitions, and a biographical questionnaire, can be found here.
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New Board Resolutions Affecting Employers
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The IMRF Board of Trustees passed two Board Resolutions at their meeting on July 30, 2020, including the following:
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Board Resolution 2020-07S-04(a): Removes the limitation that an early retirement incentive program may only be enacted five years after the close of the previous program. A new ERI program may now be enacted once the liability from the previous program has been repaid.
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Board Resolution 2020-07S-04(b): Changes the requirements for county board member participation in IMRF. We will no longer require recertification of county board positions. Refer to Special Memo 340 for more information.
Follow the links to see the full Board Resolutions on the IMRF website.
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Employer Access allows you to perform essential administrative tasks quickly and easily. With your Employer Access account, you can report wages, enroll and manage members, view member and employer documents, make payments to IMRF, and much more.
For more information
You can find this “Your Employer Access Account” page from your Employers Must Know tab for help at any time!
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Spread the Word—Free Member Workshop Webinars Available
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IMRF's Pre-Retirement Workshops are now available as webinars. They will be one-hour interactive webinars, with the opportunity to ask questions.
The first webinar will be on Tuesday, September 15 at 11:00 AM.
For members within five years of retirement
The Pre-Retirement Workshop webinars are for IMRF members who are within five years of retirement. The webinars will address the steps members must take before and during the IMRF retirement application process.
For more information
Please share this link with your IMRF employees, so they can register for a Pre-Retirement Workshop webinar.
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Your Glass is Half Full: Understanding Your IMRF Benefits is for IMRF members who want to better understand the nature of IMRF.
The first webinar will be on Thursday, September 17 from 5:00-6:00 PM.
For members under 40
Your Glass is Half Full webinars are for IMRF members under age 40. An IMRF Field Representative will explain how IMRF pensions are funded, benefits for IMRF members, and the importance of having more than one savings vehicle.
For more information
Please share this link with your IMRF employees, so they can register for a Your Glass is Half Full webinar.
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Employer Workshops Going Virtual
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Employer Workshops will be held online only for the remainder of 2020. IMRF will let you know when registration opens in a future edition of Employer Digest.
We offer these workshops to Authorized Agents so they can learn more about IMRF procedures and how to administer IMRF benefits for their employers.
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Best Practice when Terminating Members
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IMRF updated the Termination Checklist for Employers. Submit this form no later than the member's last day of employment. This will avoid a possible delay of benefits or refunds.
Timing is important
You do not need to wait until you pay the final wages to submit the termination notice:
- Submitting the notice later than the member's last day could cause the member's benefit to be delayed.
- Submitting the notice too early may cause re-work if the member uses any unused and unpaid sick days or changes the last day of employment.
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IMRF Emphasizing Online Services
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During 2020, IMRF is beginning a planned, incremental transition toward becoming a more web-centric organization.
This means that starting this year, IMRF will rely more on the web and less on paper to provide customer service to its membership.
Benefits of being web-centric
With this initiative, IMRF aims to:
- Help more members use online Member Access to communicate and do business with IMRF.
- Save money on printing and mailing costs, benefiting all IMRF stakeholders.
- Become a better steward of our global environment by consuming less paper.
“With this new approach, we're excited to provide members with more timely, relevant information that reaches them where they are,” said Dawn Seputis, IMRF Customer Service Director.
For more information
For more information about IMRF's transition to web-centric service delivery, click here.
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If someone at your employer would like to receive Employer Digest and does not have an Employer Access account, you can log in to your Employer Access account and add them as a "News Subscriber," or they may sign up here.
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2211 N. York Rd., Ste. 500
Oak Brook, IL 60523-2337 (Main Office)
3000 Professional Dr., Ste. 101, Springfield, IL 62703
Member-only Phone: 1-800-ASK-IMRF (275-4673)
Employer-only Phone: 1-800-728-7971
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