Jo Daviess County Finance, Tax, & Budgets Committee Agenda 2026-06-25
Committee Considers FY2026 IMRF Accelerated Payments
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Description
The Finance, Tax, & Budgets Committee will consider a resolution to authorize FY2026 Mandatory Accelerated Payments to the Illinois Municipal Retirement Fund, to be advanced from the County’s Contingency Fund and reimbursed from the Municipal Retirement Fund in FY2027. The item concerns required pension-related funding administered by IMRF.
Contract Details
Contract Amount
FY2026 Mandatory Accelerated Payments (amount not specified)
Vendor
ILLINOIS MUNICIPAL RETIREMENT FUND (IMRF)
Agency
Jo Daviess County, IL
Contract Type
FINANCIAL_SERVICES
Document Date
June 25, 2026
Contract Term
FY2026 payment to be reimbursed in FY2027
Renewal Info
Ongoing statutory pension payment arrangement with IMRF; this agenda item addresses a specific year’s accelerated payment mechanism rather than a new contract.
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