Illinois Municipal Retirement Fund Employer Digest
November 18, 2014
In This Issue
Two Trustees to begin new terms in 2015
2014 Employer Satisfaction Survey
General Memo 652
Quick Links
Two Trustees to begin new terms in 2015

One new member and one returning member will soon begin new terms on the 2015 IMRF Board of Trustees.


Current Board President Natalie Copper will begin her second, five-year term as an Employee Trustee on January 1, 2015. Copper is the School-age Child Care Site Coordinator for Dawes School in Evanston School District 65. 


New member David C. Miller will begin his first, two-year term as an Executive Trustee on January 1, 2015. Miller is Deputy Treasurer & Assistant General Manager for the North Shore Sanitary District.


IMRF was scheduled to hold an Employee Trustee Election and an Executive Trustee Election this fall. Copper and Miller were the only individuals who submitted the required number of signatures and met the statutory requirements to be candidates for their respective positions. Public Act 98-0932 provides that if there is only one candidate for an IMRF Trustee position, no election need be held. This saves IMRF the cost of administering two elections with only one candidate each.


The other members of the 2015 IMRF Board of Trustees will be:

  • Gwen Henry, Executive Trustee 
  • Tom Kuehne, Executive Trustee
  • John Piechocinski, Employee Trustee
  • Sue Stanish, Executive Trustee
  • Jeffrey Stulir, Employee Trustee
  • Sharon U. Thompson, Annuitant Trustee
2014 Employer Satisfaction Survey 

On Wednesday, you will receive an email asking you to complete IMRF's 2014 Employer Satisfaction Survey.


You should expect to spend approximately five minutes or less completing the survey.


Please consider completing the survey. We want you and your members to receive the highest quality retirement services from IMRF. Your participation will help us better provide those services. 

General Memo 652
Voluntary Payments to reduce Unfunded Actuarial Accrued Liability (UAAL) 


Some IMRF employers carry Unfunded Actuarial Accrued Liability (UAAL). While part of an employer's annual contribution rate goes toward paying down UAAL, IMRF employers may choose to make additional payments to pay down the liability more quickly. An employer who makes additional payments to reduce its UAAL faces unique rewards and risks.
IF you are interested in discussing the rewards and risks of voluntary payments, please contact IMRF Chief Financial Officer Mark Nannini at 630-368-5345. To maximize potential benefits, it is important to make additional contributions before year-end.
Learn more in General Memorandum 652.
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