Illinois Municipal Retirement Fund
Legislative Update


March 6, 2012  
Greetings!

The 97th General Assembly continues its Spring 2012 session this week.

There has been no movement on any significant pieces of legislation affecting IMRF since our last legislative email.  Continue to check the IMRF website for updates .  
Who is affected by
IMRF-related legislation?

Various groups have a stake in IMRF legislative changes
 
When legislation is introduced that changes the IMRF plans, it's easy to focus on the impact the bill will have on just one stakeholder group, such as member associations or employer groups. However most pieces of legislation affect different groups in different ways.
 
Members and their associated interest groups are more likely to focus on the effect that legislation has on their benefits, either positively or negatively. Employers (and, by extension, taxpayers) will look more at the cost of the legislation and how it will impact employer rates. Overlaying both of these groups are legislators, who represent all of their constituents, which includes each of these groups.  
 
All of these competing interests must be taken in to account when legislation is introduced and each has an effect on whether a bill is eventually signed into law.

 

In This Issue
Who is affected by IMRF-related legislation?
More Legislative Information

 

Contact your legislator to make your opinion known regarding IMRF or other legislation.

Visit the Illinois General Assembly website click the link called "Legislator Lookup."

 

Illinois Municipal Retirement Fund
2211 York Road
Oak Brook, Illinois 60523
Illinois Municipal Retirement Fund
1-800-275-4673