April 30, 2018

In This Issue:
Quick Links:
TwoRegister Today for Rate Meeting Webinar on May 3
IMRF's 2018 Employer Rate Meeting Webinar is scheduled for Thursday, May 3, at 1:30 PM. Click here to register for the webinar.

Presented by IMRF Executive Director Brian Collins and Chief Financial Officer Mark Nannini, the webinar will cover the impact of year-end financial and actuarial data on IMRF, and the data's estimated impact on individual employers. 

Attendees may log in to the webinar beginning at 1 PM and will have the opportunity to ask questions following the presentation.

You may also attend the Employer Rate Meeting in person this week in Bloomington, Springfield, and Collinsville. Don't miss this opportunity to talk one-on-one with new Executive Director Brian Collins! Click here to quickly register using Employer Access.

FourApril 2018 Employer Reminder:
IMRF Funds and Social Security Levies
The IMRF tax levy is unlike certain other funds, such as a general fund, where resources may be transferred to meet budgetary needs. Occasionally, IMRF audits identify employers improperly using funds from the IMRF levy to pay Social Security contributions. This practice is prohibited by law and can result in serious consequences for the employer.  By law, an employer may not use funds from the IMRF levy to make Social Security contributions or use the same levy to tax for IMRF and Social Security costs. 

Learn more about IMRF funds and Social Security levies in the April 2018 Employer Reminder .
OneEmployer Digest Changes Coming Soon
Last year, IMRF asked you to provide your opinion on this publication, Employer Digest. In response to employer feedback, Employer Digest will be sent monthly beginning May 2018. You can expect to receive this publication on the second Friday of each month.

IMRF also learned that the topics you value the most include communication from the Executive Director, news about IMRF, and IMRF workshop schedules. As IMRF moves to providing this publication monthly, you will see more of these topics in future Employer Digest editions.

Thank you for your continued participation in IMRF's quarterly employer surveys. Your feedback is important and helps us improve our communication with you.
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