Building Trust Through Transparency

Public Act 097-0609 requires that, within 6 business days after an employer participating in the Illinois Municipal Retirement Fund (IMRF) approves a budget, that employer must post the total compensation package for each employee having a total compensation package that exceeds $75,000 per year. The information may be posted at the employer’s website or at the principal office of the employer. For purposes of the Act, total compensation package means payment by the employer to the employee for salary, health insurance, a housing allowance, a vehicle allowance, a clothing allowance, bonuses, loans, vacation days granted, and sick days granted. The report is posted at the District’s William H. Wake Memorial Business Office, 682 State Route 31, Oswego during regular business hours from 8:00 a.m. to 4:30 p.m., Monday through Friday.

The law requires IMRF to post certain employer cost and participation information on its website. IMRF will update these reports annually. IMRF employer cost and participation information can be found here: IMRF Employer Cost and Participation Information