Retirement & savings

Eligible library employees have retirement savings set aside through the Illinois Municipal Retirement Fund, IMRF.

Library employees can participate in the City of Champaign’s deferred compensation plan, administered by the ICMA Retirement Corporation, a way to reduce your income taxes and put money into savings automatically.

Library employees are also eligible to participate in the Champaign Municipal Employees’ Credit Union. The Credit Union offers vehicle loans at competitive rates, signature loans, IRAs, CDs, and a U. S. Savings Bond Purchase Program.