Wheaton's Gwen Henry re-elected as executive trustee to IMRF board of trustees

Gwen Henry, who previously served as president and vice president of the Illinois Municipal Retirement Fund (IMRF) board of trustees, ran unopposed and was certified as the winner of the executive trustee election. She has served on the board of trustees since 2008 and is the DuPage County treasurer.

The board's appointed leadership for 2016 includes Board President Tom Kuehne of Arlington Heights, Board Vice President Sue Stanish of Naperville and Board Secretary Natalie Copper of Evanston.

Members of IMRF's governing body are elected, not appointed, and serve without compensation. Serving in five-year staggered terms, the eight-member board includes four executive trustees elected by participating units of government, three employee trustees elected by IMRF members who are active in the workforce and one annuitant trustee elected by IMRF retirees.

"I am pleased to have the support of the IMRF employers and look forward to continuing to work to maintain a healthy IMRF to benefit the members," Henry said.

As the second-largest and best-funded statewide public pension, IMRF administers a defined benefit plan of retirement, disability and death benefits for nearly 3,000 municipal employers. IMRF has $34.7 billion in assets and is 93.1 percent funded on a market basis. IMRF is neither funded nor managed by the state.

"This year's board of trustees brings tremendous experience and expertise and a passion to protect the retirement benefits of our members and retirees," said IMRF Executive Director Louis W. Kosiba. "They come from all walks of life, from all across the state and are a great reflection of our total membership. We look forward to working with these dynamic leaders - chosen by their peers - to continue to enhance our plan's financial stability and long-term sustainability."

To learn more about IMRF's board of trustees, visit IMRF's website at www.imrf.org.

About IMRF

This year, the Illinois Municipal Retirement Fund (IMRF) is celebrating its 75th year of service to people across the Land of Lincoln. Active since 1941, IMRF has partnered with local units of government to provide retirement, disability and death benefits for public employees. With a funded status of about 93.1 percent and nearly $34.7 billion in assets, IMRF is well-funded and sustainable. Today, IMRF has more than 405,000 members and serves nearly 3,000 different units of government, including towns and villages, libraries and park districts, and counties and school districts (nonteaching personnel). The average member who retired in 2014 is receiving a monthly pension of $1,439. For more information, visit www.imrf.org.