In 2023, IMRF employers will receive six key documents with information necessary for financial planning, accounting, and reporting purposes. The documents will be located in Employer Access.

• The Employer Reserve Account Statement (to release February 2023) provides accounting of your employer's IMRF assets for 2022. It reports the opening balance on January 1, 2022, the closing balance on December 31, 2022, investment earnings, interest charges, charges for employee retirements, and credits for contributions made to IMRF. 
• Employer Copy Member Statements (to release February 2023) are for your employer's records and provide summaries of your IMRF members' accounts for 2022. They include a breakdown of service credit (including the type of service), contributions, and wages for each month.
• The Preliminary Rate Notice (to release April 2023) provides your employer's estimated contribution rate for 2024. 
• Both the GASB 50 and GASB 68 statements (to release April 2023) provide the funded status of your IMRF plan(s) as of December 31, 2022. One or both of these statements are needed to complete your employer's financial statements. 
• The Final Rate Notice (to release November 2023) provides your employer's actual contribution rate for 2024.

Reminder: 2023 Final Rate Notices

Your employer's 2023 Final Rate Notice is available now in Employer Access. Access the document from the "Display Annual Documents" link under the "Documents" section of your Employer Access account. The Final Rate Notice provides your employer's 2023 Annual Contribution Rate for each of its IMRF plans.

We will notify you when documents are available

IMRF will notify employers through Employer Access pop-up alerts and Employer Digest when documents become available. If you have questions about the document schedule, call IMRF's exclusive, employer-only phone number, 1-800-728-7971.

On Friday, November 18, 2022, the IMRF Board of Trustees:

• Approved the 2023 IMRF employer contribution rates
• Shared findings from the actuarial consultant review of IMRF's funding policy
• Approved the participation of three new units of government

For more information

You can read the full report in the November 2022 Board Meeting Highlights.

The next regularly scheduled Board meeting will be held Friday, December 16, at 9 AM.

Your employer's December 2022 wage report is due no later than Friday, January 27, 2023. You must submit your employer's final 2022 wage report and any adjustments by this date for IMRF to include the information in your employer's 2022 Member Statements of Account and 2022 GASB statements. These documents are available in early 2023. You should also resolve any outstanding pending wages by January 27.

Late reports and adjustments could make 2022 documents inaccurate

Wage reports and adjustments received after January 27, 2023, may not appear until your employer's 2023 Member Statements of Account or 2023 GASB statements. These documents aren't scheduled for distribution until early 2024.

Use Employer Access 

The most accurate way to submit member wages and contributions to IMRF is through Employer Access.

Please contact IMRF at 1-800-728-7971 (employer-only number) with questions about reporting wages to IMRF.

To provide our employers with the highest level of service, staff specialized in employer-related plan administration topics are available to answer our employer-only 1-800 number (1-800-728-7971) Mon-Fri, 7:30 AM-5:30 PM. This staff specializes in employer-related topics such as enrollments, terminations, wage reporting, adjustments, etc.

To provide our members with the highest level of service, staff specialized in member-related subjects are available to answer our member-only 1-800 number. Please have members contact IMRF at the member number: 1-800-ASK-IMRF (275-4673) Mon-Fri, 7:30 AM-5:30 PM.

Avoid delays 

Members or employers calling the wrong number will be directed to call the correct number. Please avoid delays by contacting the appropriate department.

We offer these online webinars for Authorized Agents to learn more about IMRF procedures and how to administer IMRF. Register today!

January 2023

• Module 1: Introduction, Enrollment, Wage Reporting, and Termination – January 10
• Module 2: IMRF Benefits, Employer Rates, and Legislation – January 24

February 2023

• Module 1: Introduction, Enrollment, Wage Reporting, and Termination – February 7
• Module 2: IMRF Benefits, Employer Rates, and Legislation – February 28

All sessions run 9:00 AM to 10:30 AM.

Webinar structure

This 2-part webinar series prepares IMRF Authorized Agents to perform common IMRF tasks. Note: to receive a completion certificate, you must attend the session live, not watch a recording.

Together, these two 90-minute webinars cover the topics included in the former one-day workshop. Each webinar stands alone, and you can attend them in either order. You are unable to cancel registration from a single module.