Fundamentals Newsletter

How Does Divorce Affect Your IMRF Pension?

If you divorce, your IMRF benefits can be considered marital assets. Illinois law requires a Qualified Illinois Domestic Relations Order (QILDRO) in order to divide IMRF benefits, in the case of a divorce. Answers to divorce-related questions and QILDRO questions are now available on the IMRF website. To view these new IMRF web pages, click here.

The Table of Contents in the right column of the webpage (also shown here), lists all of the different divorce-related topics covered on the website.

Protecting Your Personal Information

For security reasons, we recommend the following changes when considering divorce:

Change the password to your Member Access account.
Change the password to the email address you currently have in Member Access, or change the email address you have in your Member Access account.
Change your address, phone number, and banking information online through Member Access.
If you suspect someone is trying to access your IMRF information without your consent, call an IMRF Member Services Representative at 1-800-ASK-IMRF (275-4673) and ask that a security flag be placed on your account.

Also be sure to keep your IMRF beneficiary form up to date.

IMRF Wins Back-to-Back GFOA "Triple Crown" Awards for Financial Reporting

The Government Finance Officers Association (GFOA) has awarded IMRF its prestigious "Triple Crown" Award for the second year in a row.

This award recognizes governments that have received all three GFOA Certificate of Achievement for Excellence in Financial Reporting awards, which include the:

Annual Comprehensive Financial Report (ACFR) Award

Popular Annual Financial Reporting (PAFR) Award

Distinguished Budget Presentation Award

This year's "Triple Crown" Award honors documents prepared for Fiscal Year 2019. These 2019 versions, as well as the most recent versions of the ACFR and PAFR, can be found here. The most recent Budget document can be downloaded here.

IMRF is one of just four public pensions in the United States and Canada to receive the “Triple Crown” honor. Out of more than 3,000 units of government in Illinois, only 23 others also earned this recognition.

IMRF is Committed to Transparency in Financial Reporting

IMRF has made a long-term commitment to transparency in financial reporting. The organization’s ACFR has received GFOA’s Certificate of Excellence in Financial Reporting 47 separate years. That places IMRF on GFOA’s top ten list of all-time award recipients.

IMRF members can trust in the thorough, accurate, and transparent financial reporting that has consistently earned IMRF honors from GFOA!

Your Glass is Half-Full Workshop Webinars

Your Glass is Half Full: Understanding Your IMRF Benefits

An IMRF Field Representative will explain how your pension is funded, your benefits as an IMRF member, and the importance of having more than one savings vehicle as you prepare for your eventual retirement.

Upcoming webinar date:

Tuesday, June 21, 12 PM - 1 PM

For more information, or to register for a Your Glass is Half Full Workshop webinar, click here.

The August webinar date will be posted on the workshops page of the IMRF website once available.

Member Access - How To...

Update Your Contact Information in a Few Easy Steps

To provide you with timely IMRF communications and to prepare for the upcoming replacement of the Member Access website, IMRF needs your mobile phone number and email address. To update your mobile phone:

Log into your Member Access account

Click View Profile in the top section of the home page.

Look next to Mobile Phone in the Contact Information section to see if your current number is listed.

Click Change Address and Telephone to add your mobile phone number if it is not already listed.

To update your email address:

Click Change Email Address in the third section called Web Account Information.

If you do not already have a Member Access account, you will need a registration key mailed to you to create one. You can generate a new registration key by clicking here.

Please do not reply to this message. Replies to this message will not be read or responded to. Please visit www.imrf.org/contact to connect with IMRF or call us at 1-800-ASK-IMRF (1-800-275-4673).

To ensure our emails reach your inbox, please add "newsletter@imrf.org" to your address book.

Update your email address through Member Access.