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Murphysboro CUSD 186 adopts IMRF early-retirement incentive; board cites $2.1M liability
Summary
The Murphysboro Community Unit District 186 board voted to adopt an IMRF early retirement incentive program covering up to 25 employees, with an estimated cost just over $2.1 million and an amortization recommendation of five years to limit interest and preserve a projected $930,000 IMRF fund balance.
The Murphysboro Community Unit District 186 board voted to adopt a resolution offering an Illinois Municipal Retirement Fund (IMRF) early retirement incentive program after a presentation by Mrs. Wilson. The measure, approved by voice vote, opens a 12-month retirement window and would make district employees — and 10 Tri‑County employees who share the district's IMRF number — eligible for buyout options.
Mrs. Wilson summarized district cost estimates and policy…
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