GFOA Awards IMRF for Excellence

December 30, 2019


OAK BROOK, Ill. -- The Government Finance Officers Association (GFOA) awarded the Illinois Municipal Retirement Fund (IMRF), with the Certificate of Achievement for Excellence in Financial Reporting for its 2018 Comprehensive Annual Financial Report (CAFR), a document that shares high-level, organizational facts and figures.

GFOA CAFR Award 2018 Earning 45 awards, IMRF is in the highest percentile of winners. Out of thousands of annual entries, IMRF holds a top-ten spot among all-time award recipients, according to GFOA's online records.

The state's second-largest and best-funded statewide public pension plan joins a select group of other Illinois public entities acknowledged by GFOA for the highest form of recognition in governmental accounting and financial reporting and its attainment represents a significant accomplishment by a government and its management."

"It is wonderful to be recognized for excellence by such a well-respected national organization," said Mark Nannini, IMRF Chief Financial Officer. "It is acknowledgement of the hard work of the Finance and Communications departments in producing a document the organization can be proud of. In addition to providing the financial conditions of IMRF, it also shows successful teamwork between two key departments."

GFOA, a professional association established in 1906, represents people in financial management throughout the United States and Canada, including appointed and elected local, state/provincial, and federal finance officials.

Read this year's award-winning CAFR and review previous issues, here.