2026-2028 Strategic Plan

IMRF's 2026-2028 Strategic Plan has been approved by the IMRF Board of Trustees. IMRF has a formal strategic planning process to determine goals for the next 3 years. The plan is regularly reviewed to ensure IMRF meets its stated goals and makes any necessary adjustments.

"IMRF's top two priorities are to provide excellent support to our active members, retirees and employers and to reach our goal of being 100% funded," said Brian Collins, Executive Director of IMRF. "With input from every department in IMRF, this new Strategic Plan creates a roadmap for our future as we work toward achieving our top priorities."

Why Does IMRF Engage in Strategic Planning?

IMRF's Strategic Plan provides a roadmap on how to achieve its goals. The Strategic Plan provides specific targets to aspire to over the next three years and a process for continuous evaluation and course correction when needed. Reviewing results and comparing them to the plan helps ensure that the right policies and procedures continue and adjustments can be made to better meet the goals of the plan.

How Does IMRF's Strategic Plan Benefit its Members, Employers, and Staff?

IMRF's Strategic Plan creates forward-focused vision that helps align and unify the work of Trustees and staff to benefit employers, members, and retirees. The plan ensures that everyone is working together toward achieving the same goals.

Each of the four Key Result Areas of IMRF's Strategic Plan (Financial Health, Customer Engagement, Workforce Engagement, and Operational Excellence) impacts and supports the other three Key Result Areas and works together to promote continuous improvements at IMRF that benefit members, retirees, and employers.

"The Key Result Areas take a holistic approach to executing and achieving all we want to accomplish in the Strategic Plan," said Michael Everett, IMRF Organization Excellence Officer. "For example, trainings and educational opportunities help our Investment Team make long-term investment decisions. By focusing on the Key Result Areas and working collaboratively across IMRF, we can ensure the peace of mind and financial security of all our members and retirees."

What Can You Do to Support the Strategic Plan?

The Strategic Plan is focused on active members, retirees and employers. However, there are some things that you can do to help IMRF achieve its goals:

• Sign up for a Member Access Account.
• Get documents electronically through Member Access.
• Visit the Member Access Learning Center to learn how to navigate your Member Access account.
• View on-demand webinars to learn more about your pension benefits.

What's New in the 2026-2028 Strategic Plan?

During the execution of the 2023-2025 Strategic Plan, IMRF updated the pension administration system, built a new, updated workspace, and increased the size of the investment portfolio.

Under the new Strategic Plan, IMRF will continue to focus on improving our customer service and increasing the use of web-based services. In addition to those two ongoing priorities, here are some of the new or adjusted key strategies added to the 2026-2028 Strategic Plan.

Financial Health

• Further expand utilization of Internal Equity Management
• Integrate technological tools for optimal investment due diligence
• Explore investments in emerging markets to increase geographic diversification of private market portfolios

Customer Engagement

• Enhance the Member and Employer Experience Program
• Increase use of web-based services

Workforce Engagement

• Implement strategic changes in workspace, vision, performance measures and technology so the IMRF of today is thriving and successful tomorrow
• Enhance the learning and development experience for staff

Operational Excellence

• Strengthen efficiency, cross-functionality and quality across IMRF business processes
• Develop process to evaluate technological tools across the organization

For more information about IMRF's 2026-2028 Strategic Plan, click here.