The Budget compensation and benefits is posted after the budget is completed. The Actual compensation and benefits is posted after the close of the fiscal year and when the data is available.
On August 26, 2011, Governor Pat Quinn signed Senate Bill 1831 (Public Act 97-0609). This law makes several changes to the Illinois Municipal Retirement Fund (IMRF) statute and amends the Open Meetings Act (Public Act 97-0609 Compliance).
PA 97-0609 requires that an employer participating in the Illinois Municipal Retirement Fund (IMRF) is required to make available a list of all employees that are expected (as shown in each year’s budget) to receive compensation greater than $75,000. This list must be available six business days after a budget is approved.
In 2019, the Illinois General Assembly passed Public Act 101-0504. The law requires IMRF to post certain employer cost and participation information on its website. IMRF will update these reports annually.
For IMRF Members, IMRF Employers, Public Officials, Media and General Public: