Total Compensation Disclosure, IL Public Act 97-609
Public Act 97-609 created posting requirements for Illinois Municipal Retirement Fund (IMRF) employers. Clink on the links below to view the total compensation packages, as defined by Public Act 97-609, for the required employees.
In 2019, the Illinois General Assembly passed Public Act 101-0504. The law requires Illinois Municipal Retirement Fund ("IMRF") to post certain employer cost and participation information on its website. IMRF updates these reports annually. Furthermore, the Act requires that employers who participate in IMRF post a link to the IMRF page which displays this information on their website no later than January 1, 2021.