The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. You can check this information against the W-2 your IMRF. IMRF employers can use this resource to be certain that complex procedures are completed correctly. Scan your completed form and send it to IMRF by attaching it to a secure message using Member Access. Authorize IMRF to deduct insurance premiums from your benefit payment to your former employer for health insurance. This e-newsletter includes news and links to best inform employers and help them administer IMRF. The Board Investment Committee assists the Board of Trustees with its duty to invest the asse Click “Member Login” in the green box at the top right of Click the yellow "Register for a Member Access Account" button. If you already have an account with the IMF Institute, please sign in. View the current schedule here. Board of Trustees Policies. When a topic applies to a certain group of. TheIMRF, Oak Brook, Illinois. Some other situations include: You are a police chief currently participating in the SLEP plan and wish to transfer service with a local police pension fund to IMRF. The fastest and easiest way to manage your IMRF account is through our secure available 24 hours a day, seven days a week. Profile. To register, you will need your IMRF Member ID and a valid email address. Note: First make sure your address is up to date with IMRF. Documents. A Benefit Protection Leave allows you to receive IMRF service credit and protect your disability and death benefits during an unpaid leave of absence. Tier 2 - member Jan 2011 or later . 10% in 2023. to 5:30 p. Here's how to reach us. IMRF employers can use this resource to be certain that complex procedures are completed correctly. The contents of this Manual and its Board policies may be changed at any time. IMRF disability benefits protect you. Complete the IMRF Transfer to Article 3 Police Pension Fund form. The contents of this Manual and its Board policies may be changed at any time. TIER 2 REGULAR PLAN INFORMATION. MEMBER LOGIN EMPLOYER LOGIN. The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. August 11, 2023. 43% with a $100,000 payment. The 2021 Supplemental Benefit Payment (13th Payment) will be direct deposited for eligible retirees on July 8, 2021. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. Member Access. The contents of this Manual and its Board policies may be changed at any time at the sole. Ballots will be mailed to Authorized Agents or governing bodies in October, and must be returned by the close of business at 4:30 PM CST, Friday, December 8, 2023. This e-newsletter includes news and links to best inform employers and help them administer IMRF. Board of Trustees Policies. 21: Create a resolution for a governing board or council to approve elected officials for IMRF participation. Requests for Proposals publicized by IMRF on April 3, 2023. IMRF'sEmployer Digestis emailed to all employers with an active Employer Access account on a monthly basis. Authorize IMRF to deduct insurance premiums from your benefit payment to your former employer for health insurance. 00. Username: (e. For more information, refer to the EFT Pay Online Payment Instructions sheet included in your confirmation packet. The contents of this Manual and its Board policies may be changed at any time. You will need Form 1099-R when filling out your 2022 tax. Your statement provides your total contributions and service information. This e-newsletter includes news and links to best inform employers and help them administer IMRF. Embrace this opportunity to adapt and grow with us as we transition to a new era of efficient interactions and enhanced experiences. September 22, 2023. Name or change the beneficiary of your annuitant death benefit. IMRF's investments are ultimately set by the authority of the IMRF Board of Trustees. Upload Document. Forms for Retirees and Annuitants. Voluntary Additional Contributions. If you are changing account numbers with your bank but your bank routing number will be the same, you can complete a new direct deposit form or you can call an IMRF Member Services Representative at 1-800-ASK-IMRF (1-800-275-4673), Monday through Friday, 7:30 a. IMRF's endorsed Long Term Care (LTC) insurance is available to active members. 9 billion. A video introduction to IMRF's endorsed insurance plans. You can mail your changes to: IMRF. Ballots will be mailed to Authorized Agents or governing bodies in October, and must be returned by the close of business at 4:30 PM CST, Friday, December 8, 2023. IMRF's Voluntary Additional Contributions (VAC) is a unique and very effective savings vehicle available to IMRF members only, to. If your employer's governing body never adopted a resolution but wants to do so now, it would adopt IMRF Form 63A. If you are a new user or forgot your password, you can register or reset them online. Forms for Retirees and Annuitants. Oak Brook, IL 60523-2337. Call 1-877-610-3706 and follow the automated prompts. The webinar will be approximately 1 hour. View the current schedule here. Read the Terms and Conditions and click Accept. If you forgot your User ID, call 1-800-332-4125. , and provide us with the new number. To learn about your benefits, hover over “Members” in the menu above, click on your IMRF plan and tier,. Your IMRF Member ID or the last four digits of your Social Security Number. Your statement provides your total contributions and service information. IMRF electronically issues General Memorandum to all IMRF employers. 2015 Board Vice President. If you have your registration key, click "yes" and enter it. National Conference on Public Employee Retirement Systems 1201 New York Avenue, NW, Suite 850, Washington, DC 20005. IMRF Member Access - Sign In. Service credit is your total time under IMRF, stated in years and months. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. Note: First make sure your address is up to date with IMRF. 2023 13th Payment. 10: Name or change beneficiaries: Member Access: Form 6. Employer Access allows you to perform essential administrative tasks quickly and easily. If a conflict arises between information in the IMRF website and the law, all decisions are based on the law. 3. Hourly Standards and Returning to Work. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. Your total pension at retirement cannot exceed 75% of your final rate of earnings. 11. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. If your employer wants to increase the amount of military service its members can convert to IMRF service from two years to four years, it would need to pass a new resolution ( IMRF Form 63A ). You can also fax your form to us at 630-706-4289 or mail the form to us. Forms for Retirees and Annuitants. Give notice that you intend to retire under ERI. Partial refund of contributions —Refunds you may be eligible to take at the time you retire, such as SLEP, ECO, or surviving spouse contributions. Be sure to have your EFT and PIN ready; you’ll need. The contents of this Manual and its Board policies may be changed at any time at the sole. The Board Investment Committee assists the Board of Trustees with its duty to invest the asseMEMBER LOGIN EMPLOYER LOGIN. The 2023 Supplemental Benefit Payment (13th Payment) will be direct deposited for eligible retirees on July 7, 2023. Forms for Retirees and Annuitants. Member Account Access > Secure Sign In. Voluntary Additional Contributions: Are limited to a maximum of 10% of your IMRF reportable earnings. See you in the training sessions! The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. Protect your loved ones by entering your beneficiary information. A direct payment. Death benefits change after retirement; make sure to fill out a new beneficiary form. Board of Trustees Policies. Most IMRF members are in the Regular Plan. IMRF Employer Access. General Memos. Note: In cases where a member's spouse is not eligible for a surviving spouse pension, this option allows the member to provide a benefit similar to IMRF's surviving spouse pension. The IMRF Board of Trustees has endorsed several health insurance programs offered by Doyle Rowe LTD, IMRF's Endorsed Health Plan consultant. Completing the QILDRO. 7 million would reduce its Funding Adjustment rate from 3. On your cost quote, you will see this information: The type of service: Which type you will purchase and the date IMRF received your purchase of service application. Board of Trustees Policies. Scan your completed form and send it to IMRF by attaching it to a secure message using Member Access. All June payments to everyone eligible for the 13th. Be sure to have your EFT and PIN ready; you’ll need. 62% of member payroll) and. The total amount of your service credit. If a conflict arises between information in the IMRF website and the law, all decisions are based on the law. Your Accelerated Payment Invoice must be paid within 90 days to avoid accruing interest. June 30, 2023. The contents of this Manual and its Board policies may be changed at any time at the sole. This note must include: Your signature. IMRF's endorsed Long Term Care (LTC) insurance is available to active members. These commitments are part of IMRF’s Direct Lending, Opportunistic and. Board of Trustees Policies. The contents of this Manual and its Board policies may be changed at any time at the sole. For each month and/or year of service credit a member purchases, the member’s retirement age is enhanced accordingly. The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. The contents of this Manual and its Board policies may be changed at any time at the sole. My Account Member Access. 75% for a surviving spouse pension. Voluntary Additional ContributionIMRF Board Resolution 2020-05-10(a) Defines Separation of Service Requirements for Retirees. Section 1: IMRF Organization and Governance. Lump sum death benefits. This e-newsletter includes news and links to best inform employers and help them administer IMRF. Paper 1099-R Form to be Mailed in the Second Half of January. 62% of member payroll) and. Death benefits change after retirement; make sure to fill out a new beneficiary form. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. You can check this information against the W-2 your IMRF. In the provisions applicable to IMRF, the bill increases certain benefits for Tier 2 members, including retirement age, FRE, annual increases, and reportable wages. IMRF provides certain benefits to your beneficiaries if you pass away. Forms for Retirees and Annuitants. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. to 4:30 P. When Your Surviving Spouse Pension Starts. The amount of the surviving spouse benefit is always 66-2/3%% of IMRF's standard pension plan and is payable for the lifetime of your surviving spouse, even if your spouse remarries. October 18, 2023. You earn one month of service credit for each month you: Work in a qualified position and make a member contribution. IMRF will mail retirees’ IRS Form 1099-R tax statements in the second half of January. Tier 1 - member before Jan 2011. When a topic applies to a certain group of employers, IMRF. The contents of this Manual and its Board policies may be changed at any time at the sole. Board of Trustees Policies. You are guaranteed the return of your contributions as either a pension or a refund. Some other situations include:How to Apply for Your Refund. August 11, 2023. To view your Member Statement in Member Access, login and click on Member Statements under Quick Links in the right column. m. The fastest and easiest way to manage your IMRF account is through our secure available 24 hours a day, seven days a week. , to begin the review process. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. Profile. 2211 York Road, Suite 500. IMRF's investments are ultimately set by the authority of the IMRF Board of Trustees. You are an inactive member if you previously participated in IMRF and left your contributions on deposit with us. For questions on. New Employer Access Coming this Fall. New Members—Welcome to IMRF! Also, as an IMRF member you are eligible for a unique and highly effective retirement savings program available to IMRF members only, called the Voluntary Additional Contributions (VAC) program. August 21, 2023. Call 1-877-610-3706 and follow the automated prompts. May 29, 2020 Revised February 11, 2021. The fastest and easiest way to manage your IMRF account is through our secure available 24 hours a day, seven days a week. 21: Enroll an elected official: NA: Form 6. If a conflict arises between information in the IMRF website and the law, all decisions are based on the law. (If you applied for your retirement through Member Access. Recent Illinois Pension Law Changes. Call IMRF Member Services: Member phone number: 1-800-ASK-IMRF (1-800-275-4673) Mon-Fri, 7:30am-5:30pm CST: Send a Fax to IMRF: 630-706-4289: Send a Secure Electronic Message: Send a Secure Message: Send Mail to IMRF: IMRF 2211 York Road Ste 500 Oak Brook IL 60523-2337: Visit IMRF: Main Office 2211 York Road Ste 400 Oak Brook IL 60523-2337 Mon. Call 1-800-ASK-IMRF to reach a Member Services Representative. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. WHEREAS, section 1-106 of the Pension Code provides for rollovers of eligible distributions. Visit and click “Register” in the green box at the top right of the screen. The fastest and easiest way to manage your IMRF account is through our secure available 24 hours a day, seven days a week. View your service credit and. IMRF'sEmployer Digestis emailed to all employers with an active Employer Access account on a monthly basis. IMRF website Brian Glover / IMRF Rep for the Metro North Territory. The funds are used to pay temporary and total and permanent disability benefits. If your adjusted gross income is. Status: Active. The more service credit you have, the larger the amount of your pension will be. The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. Are a separate individual account consisting only of your contributions and any interest you earn on them. Scan your completed form and send it to IMRF by attaching it to a secure message using Member Access. The fastest and easiest way to manage your IMRF account is through our secure available 24 hours a day, seven days a week. The annual increase for January 1, 2016, and every year after: $24. Each June IMRF calculates the percentage of the 13th payment for that year. Your total pension at retirement cannot exceed 75% of your final rate of earnings. The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. You may earn up to one year of additional service credit for your unused, unpaid sick time under certain conditions. IMRF electronically issues General Memorandum to all IMRF employers. 2% of your FRE (up to the wage cap) for each additional year of service credit over 15 years. 3 MONTHS BEFORE YOU PLAN TO RETIRE n Sign up for a Member Access account if you haven’t already. Surviving spouse contributions are 16. Transactions are securely and instantly transmitted to IMRF. Employer Access allows you to perform essential administrative tasks quickly and easily. There are no live webinars scheduled at this time. to 4:30 P. 6 million pages, and saved IMRF more than $230,000 in printing/mailing costs. The initiative encouraged Member Access account creation (2,480 new accounts created in April), avoided printing 2. Board of Trustees Policies. 75% for your ECO pension. Board Resolutions - Member Contributions. If you return to work, the usual return to post-retirement work rules will apply. How to Read Your Buyback election confirmation letter. In 2023, the 13th Payment will be about 24. Do not use a shared account to apply or complete the application on behalf of someone else. 11: Make changes to your name, address, phone or other information (members) Member Access: Form 6. If you are hiring an IMRF retiree, you should base the chart above on your employer's hourly standard, with one exception: if your employer changed its hourly standard from 600 to 1,000 hours, any member who participated under your employer before it changed its hourly standard remains. Join University of Illinois Extension to learn about the health benefits of making and keeping social connections and sharing our life stories as a way to connect with others. Employers do not make any contributions to your VA account. Board of Trustees Policies. IMRF Employer Access. June 2, 2021. How to Apply for Your Refund. August 25, 2023. Doe@yahoo. Form 1199. 2) How to Access the "Members Only" Area if You Don't Have Log-in Credentials as an IMRF MemberDo you want to manage your IMRF pension online? Register for Member Access, a secure and convenient way to view your account details, update your information, and access forms and resources. Early Retirement Incentive. We strongly recommend that you use your. For additional information or questions, call IMRF's Employer Contact Center at 1-800-728-7971. Member Access: Form 5. New Employer Access Coming this Fall. The Total Fund Benchmark is a blend of the asset class benchmark returns weighted by the target allocation for each asset class. Transactions are securely and instantly transmitted to IMRF. It is a percentage of your June payment amount. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. The contents of this Manual and its Board policies may be changed at any time at the sole. If you think you qualify for an exemption, you must call an IMRF Member Services Representative at 1-800-ASK-IMRF (1-800-275-4673), Monday through Friday, 7:30 a. Maintaining an IMRF Member Access account is the best and fastest way to do. Check your member contributions on deposit and total IMRF service credit as of December 31 of the previous year. You can mail your changes to: IMRF. Board of Trustees Policies. This workshop is for IMRF members under 40. Investment Returns Summary. The contents of this Manual and its Board policies may be changed at any time at the sole. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. IMRF's investments are ultimately set by the authority of the IMRF Board of Trustees. 21: Create a resolution for a governing board or council to approve elected officials for IMRF participation. 8%. The contents of this Manual and its Board policies may be changed at any time at the sole. M. for Original ECO Plan Members. Provides employees of local governments and school districts (with the exception of the City of Chicago and Cook County) with a system for the payment of retirement, disability, and death benefits. Plan highlights include: Available to Illinois residents age 65 and older with Medicare Parts A & B. May 17, 2022. If you have any questions, please call an IMRF Representative at our Employer Only Phone at 1-800-728-7971, 8:00 A. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. 00 processing fee (a check or money order made payable to IMRF). During 2021, IMRF: earned an investment return of 16. Call an IMRF Member Services Representative at 1-800-ASK-IMRF (275-4673) for more information. To learn more about yourIMRFIMRF Academic Membership. As an IMRF member, there is a unique and highly effective savings vehicle available to you, to help supplement your retirement savings. Your Member Access account lets you keepIMRF'sEmployer Digestis emailed to all employers with an active Employer Access account on a monthly basis. If you don’t have a registration key, click "no" and follow the instructions. For example, an employer with an $8 million UAAL and an IMRF payroll of $12. Kuehne's new term as Executive Trustee will run January 1, 2023, through December 31, 2027. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. For more information, refer to the EFT Pay Online Payment Instructions sheet included in your confirmation packet. IMRF Form 5. The January after you have received one year of benefit payments. IMRF conducted three 2023 Employer Rate webinars on May 9 at 10 AM, May 10 at 1:30 PM and May 11 at 9 AM. Board of Trustees Policies. Board Resolution 2021-05-12 (e) This resolution sets forth rules regarding inactive member accounts with balance under $100. Any additional contributions and service credited to your member account on or before December 31 of the previous year are shown under “Total IMRF Service Credit” and in detail in the “Service, Wages & Contributions. Forms for Retirees and Annuitants. , and provide us with the new number. Profile. Documents. While you are on IMRF disability: You continue to earn service credit toward your future IMRF pension, at no cost to you. Transactions are securely and instantly transmitted to IMRF. The fastest and easiest way to manage your IMRF account is through our secure available 24 hours a day, seven days a week. Are a separate individual account consisting only of your contributions and any interest you. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. Get ready to unlock the full potential of IMRF’s new secure Employer Access website. Is paid to an employee who participated in IMRF before 1/1/2011, and; Increases the member’s reportable earnings by more than 6% over what the member was paid in the previous month, and; Is paid in the following time frame (must meet all three conditions below): After the employee has told you his or her retirement dateEnroll an eligible employee in IMRF: Employer Access: NA: Hire an IMRF member who is receiving a pension: Call IMRF: Enroll a city hospital employee: NA: Form 6. You will need Form 1099-R when filling. $500. 5% of your FRE for each year of SLEP service credit. Section: Members Subsection: Tier 2 Regular Plan. The amount of the surviving spouse benefit is always 50% of IMRF's standard pension plan and is payable for the lifetime of your surviving spouse, even if your spouse remarries. Visit and click “Register” in the green box at the top right of the screen. Your IMRF Member ID or the last four digits of your Social Security Number. My IMRF; Account. Transactions are securely and instantly transmitted to IMRF. The fastest and easiest way to manage your IMRF account is through our secure available 24 hours a day, seven days a week. – On Friday, the Illinois Municipal Retirement Fund (IMRF) Board of Trustees approved up to $440 million in commitments within the Real Assets and Private Equity asset classes, of which $105 million or 24% was committed to minority-owned or woman-owned firms. 20: Apply for disability benefits: Member Access: Form 5. M. org. IMRF | 4,788 followers on LinkedIn. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. IMRF Employers will elect one Executive Trustee who will serve a five-year term which will run from January 1, 2024, through December 31, 2028. You may earn up to one year of additional service credit for your unused, unpaid sick time under certain conditions. 11A. Recent Illinois Pension Law Changes and the Impact for IMRF Employers. Employer Newsletters. If you do not have an eligible surviving spouse when you retire, you can take your surviving spouse contributions as. Logging in to your Member Access account allows you to view your annual Statement of Benefits, 1099-R statement, 13th Payment statement, and EFT statements. Your IMRF Member ID or the last four digits of your Social Security Number. You can safely update your beneficiaries, address, email and phone numbers. Managing Your Interests and Serving Your Needs. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. org. Register for a “Your Glass is Half Full” workshop to learn more about your benefits. NA. Forms for Retirees and Annuitants. Transactions are securely and instantly transmitted to IMRF. The Board Investment Committee assists the Board of Trustees with its duty to invest the asseFinancial Highlights. bglover@imrf. In 2023, the 13th Payment will be about 24. Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. Forms for Retirees and Annuitants. Member Access. IMRF’s Standard pension formula. John. The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. 01/2020) • The exception for payments made at least annually in. Tools. Confirm the amount of contributions you made and the service credit you earned for that year, if any. OAK BROOK, Ill. You must have completed at least two years of contributing service under IMRF or another retirement system covered by the Illinois Retirement Systems Reciprocal Act following the date of your last refund. You may also view your benefit statements and create retirement estimates based on different retirement scenarios. Nominating petitions are available on the IMRF website on June 30 ofIMRFTo obtain an updated cost quote , call an IMRF Member Services Representative at 1-800-ASK-IMRF (275-4673). Statements on the IMRF website are general, and the Illinois state law governing IMRF is complex and specific. Get ready to unlock the full potential of IMRF’s new secure Employer Access website. 12. Complete the IMRF Transfer to Article 3 Police Pension Fund form. The best way to contact us is through Member Access. When a topic applies to a certain group of employers, IMRF. Financial Highlights. And there is a link to the “ Members Only ” area in the footer of every page as well. Board Resolution 2011-12-12. 64IMRF Employers will elect one Executive Trustee who will serve a five-year term which will run from January 1, 2024, through December 31, 2028. Our Employer Workshops for Winter 2023 will be offered online in two separate 90-minute-long webinar sessions (Parts 1 and 2) designed for Authorized Agents and other employer representatives. Follow the on-screen prompts to submit online payments through First Data. It is. You can apply for a refund online: Sign in to your Member Access account. OAK BROOK, Ill. The IMRF website provides a brief summary of IMRF benefits and the administration of those benefits. — Please note the IMRF web site will be down for maintenance on Sunday, September 24 from 7:30 AM - 12 PM. Examples of amounts payable under Reversionary Annuity . November 17, 2023. You can submit in-person requests to IMRF’s Oak Brook or Springfield office between the hours of 8:30 AM and 4:30 PM on days IMRF is open for business. Your new spouse will be eligible if: You are vested for an IMRF pension. 2014 Board Secretary. 2023 Employee and Executive Trustee Elections. Transactions are securely and instantly transmitted to IMRF. Form 6. Service credit is your total time under IMRF, stated in years and months. The contents of this Manual and its Board policies may be changed at any time at the sole. Your QILDRO may apply to all or some of these benefits, depending on what is decided in the divorce. 201-220. IMRF Employers will elect one Executive Trustee who will serve a five-year term which will run from January 1, 2024, through December 31, 2028. This resolution provides rules for the participation of governing body officials and other elected officials. You made full contributions in Social Security since you began employment or since your employer joined IMRF, whichever. When a topic applies to a certain group of.