Friday, February 12, 2021
Welcome to Employer Digest, your monthly source for IMRF news and
information to help you stay connected with IMRF.
IMRF Financial Update
IMRF Executive Director Brian Collins shares a video update on IMRF's 2020 investment return, funded status, and overall financial position.

In 2020, the IMRF investment portfolio earned a net return of about 14.69%, which is double the assumed rate of return of 7.25%.

Employers will be able to see their share of the 2020 investment on the employer reserve statement available now. The 2020 gain should put downward pressure on employer rates beginning in 2022.
2020 Employer Retirement Reserve Statements
Your employer's 2020 Employer Retirement Reserve Statements are now available in Employer Access in the "Display Annual Documents" section.

These statements may include:
  • Employer Retirement Reserve Statement for 2020 for your employer's regular reserve account
  • ECO Retirement Reserve Statement if your employer participates in the Elected County Official (ECO) plan
  • SLEP Retirement Reserve Statement and/or SLEP Enhancement Reserve Statement if your employer participates in the Sheriff's Law Enforcement Personnel (SLEP) plan
  • ERI Retirement Reserve Statement if your employer offered the IMRF Early Retirement Incentive (ERI)

Questions?
If you have questions about these statements, please contact IMRF at
1-800-728-7971 (employers only) or use the Secure Message Center in Employer Access.
Employer Copies of 2020 Member Statements 
Employer copies of 2020 Member Statements will be available in Employer Access in the "Display Annual Documents" section later this month.

Please do not share these copies with your employees; they are provided as a reference for your employer. Use them to check for errors.

Your employees will be notified that their 2020 Personal Statement of Benefits (Member Statement) are available in Member Access in late February. This annual statement provides members with their IMRF account activity for 2020, including past earnings, contributions, and employers. Members are encouraged to review this information each year to check accuracy and to resolve any problems early.

Member Statements will not be mailed to members this year. They will only be available in Member Access.
Authorized Agent Webinars
We offer these online workshops for Authorized Agents to learn more about IMRF procedures and how to administer IMRF. Register today!

  • Module I: Introduction, Enrollment, and Termination – will be offered again in the future
  • Module II: Wage Reporting – February 18, 2021 at 9:00 AM
  • Module III: IMRF Benefits – March 23, 2021 at 11:00 AM 
  • Module IV: Employer Rates and Legislation – April 20, 2021 at 9:00 AM

Workshop structure
This workshop is a 4-part series to prepare IMRF Authorized Agents. This single registration will allow you to attend the remaining modules. You are unable to cancel registration from any single module, but attendance is not mandatory at all four.

Together, these four 1-hour webinars cover the topics included in the former one-day workshop.
IMRF Emphasizing Online Services
IMRF continues to phase out booklets and move information to the website. With this initiative, IMRF aims to:

  • Drive more members to use our website for the most up-to-date supplementary information 
  • Save money on printing and mailing costs, benefiting all IMRF stakeholders
  • Become a better steward of our global environment by consuming less paper

Instead of distributing hard copy forms and booklets to your employees, direct employees to our website for information about IMRF, and ask them to use Member Access to do business with us.

All the information from our booklets is on our website
You can still find all the information you need on www.imrf.org. This includes the content that was previously in these printed resources:

  • Plan benefit booklets 
  • Insights booklets
  • Special Needs Annuity brochures
  • Return to Work brochure
  • Endorsed Health Plan booklet
  • Health Insurance Continuation booklet
  • Reciprocal booklet
  • Military Service Credit booklet
  • FOIA booklet

For more information
Remember that using Member Access is a faster way to do business with IMRF than mailing paper forms.

Read more about our web-centric initiative.
January Board Meeting Highlights
On Thursday, January 14, 2021, the IMRF Board of Trustees:

  • Welcomed three new Trustees and one re-elected Trustee, who will serve 5-year terms, from January 1, 2021 to December 31, 2025.
  • Approved the committees for 2021.
  • Passed a Resolution of Appreciation honoring former Chief Investment Officer Dhvani Shah, who left IMRF in December.

For more information
You can read the full report in the January 2021 Board Meeting Highlights.

For other general Board meeting information, see the Board Meeting Information page.

Register for the next online Board meeting
The next regularly scheduled Board meeting will be held by online web conference on Friday, February 26, at 9 AM. Click here to register to attend.
2021 Virtual IMEC Conference on Enterprise Excellence March 30 and 31
Join IMEC and IMRF to learn how the pursuit of performance excellence can improve your organization. IMRF employers that are interested in improving processes and overall effectiveness are encouraged to attend these conferences.

Build on the lessons learned through the past year and develop a strategy to guide your organization to a competitive future. The conference will include a session led by IMRF Director of Human Resources Cara Bannon. Learn from other experts on a variety of topics, including:

  • Agility through a crisis 
  • Future-proofing your organization 
  • Leading through disruption 
  • Hiring employees for skill and culture fit 
  • Social media and digital marketing to tell your story 
  • Building your workforce with today's talent

Frame the Future: 2021 Virtual IMEC Conference on Enterprise Excellence 

  • Cost: Free
  • Date: Tuesday and Wednesday, March 30 and 31, 2021
  • Time: 8:30 AM – 12:30 PM each day
  • Location: Virtual


Through world-renowned keynote speakers, breakout sessions, and an engaging workshop, you will learn best practices in the areas of leadership, strategy, customer engagement, operations, workforce, and technology.
Visit IMRF's website
Employer Access
Employer Digest Archive
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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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