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County board approves resolution to change IMRF reportable wages to include certain pre-tax benefits
Lee County Board · December 12, 2025
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Summary
The board passed a resolution to calculate IMRF (retirement) reportable wages on gross wages rather than net-of-IRC Section 125 health premiums, a change staff said will modestly increase retirement credits for employees and slightly raise county IMRF costs.
The Lee County board approved a resolution instructing that compensation paid under an IRC Section 125 plan (employee-paid health insurance premiums) be included in IMRF reportable wages, changing the calculation base from net-of-premiums to gross wages for affected employees.
Finance Directo…
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