FINANCIAL_SERVICESPENDING

City weighs $26,517 IMRF accelerated pension payment

Wilmington’s finance director is seeking Council approval for a $26,517.83 one-time accelerated pension payment to IMRF from the Water Operating Fund. The payment would immediately satisfy a pension funding shortfall triggered by a recent retirement.

Status
PENDING
Document date
July 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
IMRF
Agency
Wilmington village · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$26,517.83
Contract type
FINANCIAL_SERVICES
Renewal
One-time accelerated payment; no renewal contemplated, though the City could instead seek an exemption that would increase employer rates over several years.
Document type
AgendaPacket
Source document
City of Wilmington Finance, Administration & Land Acquisition Committee Agenda Packet 2026-07-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Wilmington village?

IMRF was awarded this financial services contract by Wilmington village, as recorded on July 27, 2026. The contract value is $26,517.83.

How much is the IMRF contract with Wilmington village worth?

The IMRF contract with Wilmington village is valued at $26,517.83, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Wilmington Finance, Administration & Land Acquisition Committee Agenda Packet 2026-07-28 (AgendaPacket), dated July 27, 2026 from Wilmington village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does IMRF hold?

IMRF may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Wilmington village currently buying?

Explore Wilmington village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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