The following information was provided by the Commission on Government Forecasting and Accountability: … Continue reading
Category Archives: IMRF
From the Illinois News Network: As costs grow, cities push to consolidate hundreds of local public safety pension funds By Brett Rowland | Illinois News Network City leaders want to consolidate hundreds of local pension funds for police officers and … Continue reading
Looking at the financial shape of townships in McHenry County, a Friend of McHenry County Blog found the following Illinois Municipal Retirement Fund information filed with the State Comptroller for 2017 (for Algonquin, Chemung, Dorr, Grafton, McHenry, Nunda, Riley and … Continue reading
From the Illinois Policy Institute: AMID CONTROVERSY, POLITICAL TOWNSHIP COUPLE BANKS NEARLY $100K IN PENSION BENEFITS Voted out of office in 2017 amid allegations of patronage and waste, Algonquin Township’s former highway commissioner has since found work at neighboring townships … Continue reading
An article by Austin Berg of the Illinois Policy Institute: WHY YOUR PROPERTY TAX BILL IS SO HIGH, AND HOW TO FIX IT Less than 50 cents of every additional property tax dollar over the last 20 years went to … Continue reading
An article by Austin Berg of the Illinois Policy Institute: WHY YOUR PROPERTY TAX BILL IS SO HIGH, AND HOW TO FIX IT Less than 50 cents of every additional property tax dollar over the last 20 years went to … Continue reading
Compiled by a Friend of McHenry County Blog, the following information was supplied by McHenry County Townships to the Illinois State Comptroller in 2017. … Continue reading
Published by Illinois Leaks and republished with permission. Algonquin Township Road District – Why taxpayers may have to pay for a very long time BY KIRK ALLEN ON MAY 28, 2018 • ( LEAVE A COMMENT ) McHenry Co. (ECWd) – The Algonquin Township Road District … Continue reading
Long-time McHenry County Board member John Jung is being paid not only by the McHenry County Board, but but by the Illinois Municipal Retirement Fund for past service. During the Fiscal Year ending in November, 2017, Jung’s compensation was $43,282.80. That … Continue reading
Further evidence that McHenry County Board Chairman Jack Franks cares nothing about eliminating IMRF pensions for countywide officials is the cancellation of tomorrow’s Human Relations Committee meeting. The first indication was that Franks introduced no bill to abolish such elected … Continue reading
The McHenry County Board tabled discussion on eliminating pensions for countywide elected officials without discussion from anyone except Chairman Jack Franks. No discussion. Just a hurried voice vote. But immediately after County Board member Mike Walkup gave an explanation of … Continue reading
Getting questions about how much Bob and Anna May Miller are receiving in pension payments from the Illinois Municipal Retirement Fund. The answer is Robert Miller retired effective 6/1/2017 with 44 years and 7 months of IMRF service credit. He … Continue reading
Since the subject of Illinois Municipal Retirement Fund pensions will be discussed at tomorrow night’s McHenry County Board meeting, I think folks might be interested in seeing which ones are currently participating in pension program. They follow: Not on the … Continue reading
A press release from McHenry County Board members Craig Wilcox, who is running for the GOP nomination for State Senate: Wilcox: Alternative Pension Solution More Binding McHENRY, IL – Retired Air Force Colonel and current McHenry County Board Member Craig … Continue reading
In an October 2, 2017, letter from Illinois Municipal Retirement Fund Executive Director Louis Kosiba, McHenry County Board Chairman Jack Franks is told that removing countywide elected officials is unconstitutional “It cannot be abrogated by a belief that a certain … Continue reading
v In another attempt to grab headlines, McHenry County Board Chairman Jack Franks has proposed a resolution to prevent current countywide elected officials from participating in the Illinois Municipal Retirement Fund pension program According to the Will County State’s Attorney’s … Continue reading
Appearing apparently from the head of McHenry County Board Chairman Jack Franks is a resolution for next Wednesday’s Human Resources Committee that would end pensions for all countywide officials. Franks certainly wants citizens to think that he led, whether he … Continue reading
Cary Grade School Board President Scott Coffey suggested looking at the Woodstock School District’s “Other Post Employment Benefit Costs” in a comment under Susan Handelsman’s cost-benefit analysis of keeping Clay Academy, a special education facility, open. I asked for an … Continue reading
Got a couple of documents from the Illinois Municipal Retirement Fund through a Freedom of Information Request. The first includes instructions of how time sheets shall be kept and submitted, but the second has something more interesting. It says that … Continue reading
The new state statute authored by State Rep. Jack Franks as part of his campaign for McHenry County Board Chairman is making waves across Illinois. I’ve noticed stories in two counties so far: Madison County, near St. Louis Will County … Continue reading