Committee Weighs FY2026 IMRF Accelerated Payments
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Description
The committee will consider a resolution authorizing Jo Daviess County’s FY2026 mandatory accelerated payments to the Illinois Municipal Retirement Fund, to be advanced from the Contingency Fund and reimbursed by the Municipal Retirement Fund in FY2027. This action structures required pension-related payments rather than creating a new competitively bid contract.
Contract Details
Vendor
ILLINOIS MUNICIPAL RETIREMENT FUND IMRF
Agency
Jo Daviess County, IL
Contract Type
FINANCIAL_SERVICES
Document Date
June 25, 2026
Contract Term
FY2026 payment reimbursed in FY2027
Renewal Date
2027-12-31
Renewal Info
Ongoing statutory retirement fund obligations; FY2026 accelerated payments to be reimbursed in FY2027.
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