Revised Employer Digest Logo  
November 16, 2015


In This Issue:
Quick Links:

OneNo increase for 2016 Tier 2 wage cap

For 2016, Tier 2 member wages do not include compensation in excess of $111,571.63. This reflects no increase from the 2015 Tier 2 wage cap.

Employers will continue to report earnings over $
111,571.63, but will not withhold any IMRF contributions for wages above the cap. IMRF will not accept contributions for 2016 wages over $111,571.63 for Tier 2 members.
 
The wage cap period is based on the calendar year, regardless of your employer's fiscal year. If an employer has Tier 2 members who've reached the wage cap in 2015, the employer must resume withholding and reporting IMRF member contributions for those members beginning in January 2016. 

For questions about implementing the Tier 2 wage cap, contact IMRF using the Employer-only phone, 1-800-728-7971
.
TwoandahalfRemember: Employer Survey Needs Your Response
On Tuesday, November 3, employers received an email asking Authorized Agents and administrators to complete IMRF's 2015 Employer Satisfaction Survey.
 
IMRF will send a reminder to those who have not yet completed the survey on November 16. Authorized Agents and administrators are encouraged to respond and return the survey.
 
Participation in this survey will help IMRF continue to provide the highest quality retirement services to our employers and our members. The Employer-only phone, 1-800-728-7971, is one example of IMRF's service-oriented response to survey feedback.
TwoandahalfAccess Important Information in Document Archive
Employers may retrieve important documents any time through IMRF's secure Employer Access Document Archive. Some information available for review in Document Archive include:
  • Preliminary and Final Rate Notices
  • Reserve Statements
  • Employer copies of Member Statements
  • GASB Statements
  • Charge and Credit Advices
  • Various correspondence
To enter Document Archive, log in to your IMRF Employer Access account then click the "Display IMRF Document Archive" link.
IMRF  View our profile on LinkedInFollow us on TwitterLike us on Facebook
2211 York Road, Suite 500
Oak Brook, IL 60523-2337
Member-only Phone: 1-800-ASK-IMRF (275-4673)            
Employer-only Phone: 1-800-728-7971 
 
This email is sent from an unmonitored mailbox. Please do not reply to this message.