### Pension Estimate Tables

You can also estimate a member’s future pension using the pension calculator available on the IMRF website at www.imrf.org.

A member can calculate a pension estimate using his or her actual final rate of earnings and service credit via the secure Member Access area of the IMRF website. See 1.80 B. IMRF Website.

a. Regular Plan Pension Tiers 1 and 2: You can consult IMRF’s Table for Estimating an Approximate Monthly Regular plan pension.

b. SLEP Plan Pension Tiers 1 and 2: You can consult IMRF’s Table for Estimating an Approximate Monthly SLEP plan pension.

Regular Plan Pension Tiers 1 and 2:

You can also consult IMRF's Table for Estimating an Approximate Monthly Regular Plan pension. Social Security benefits are in addition to the figures shown in the table. Print the table for reference while reviewing the example below.

1. Find the final monthly rate of earnings in the left hand vertical column.

2. Find the years of service credit in the top line.

3. The pension at age 60 and older for Tier 1 members or age 67 and older for Tier 2 members will be in the amount shown at the point where the earnings line and the service column intersect. Example: 25 years of service and final monthly rate of earnings of $1,000 will provide an IMRF pension of $450 per month.

4. For Tier 1 members, the pension is reduced by 1/4% for each month below age 60 for those members between the ages of 55 and 60 with less than 35 years of service. For Tier 2 members, the pension is reduced by 1/2% for each month below age 67 for those members between the ages of 62 and 67 with less than 35 years of service.

Regular Tier 1 Example:

Age |
Percentage of Pension Reduction |
Age |
Percentage of Pension Reduction |

55 |
15% |
58 |
6% |

56 |
12% |
59 |
3% |

57 |
9% |
60 |
0% |

Regular Tier 2 Example:

Age |
Percentage of Pension Reduction |
Age |
Percentage of Pension Reduction |

62 |
30% |
65 |
12% |

63 |
24% |
66 |
6% |

64 |
18% |
67 |
0% |

SLEP Tier 1 Plan Pension:

You can consult IMRF’s Table for Estimating an Approximate Monthly SLEP Tier 1 plan pension. Social Security benefits are in addition to the figures shown in the table. Print the table for reference while reviewing the example below.

1. Find the final monthly rate of earnings in the left hand vertical column.

2. Find the years of service credit in the top line.

3.
The pension at age 50 or older will be in the amount shown at the point
where the earnings line and the service column intersect.

Example: 26 years of SLEP service and final monthly rate of earnings of
$4,000 will provide an IMRF pension of $2,600 per month

SLEP Tier 2 Plan Pension:

You can consult IMRF’s Table for Estimating an Approximate Monthly SLEP Tier 2 plan pension. Social Security benefits are in addition to the figures shown in the table. Print the table for reference while reviewing the example below.

1. Find the final monthly rate of earnings in the left hand vertical column.

2. Find the years of service credit in the top line.

3.
The pension at age 55 or older will be in the amount shown at the point
where the earnings line and the service column intersect.

Example: 25 years of SLEP service and final monthly rate of earnings of
$4,000 will provide an IMRF pension of $2,500 per month

4. The Tier 2 SLEP pension is reduced by ½% for each month below age 55.

SLEP Tier 2 Example:

Age |
Percentage of Pension Reduction |
Age |
Percentage of Pension Reduction |

50 |
30% |
53 |
12% |

51 |
24% |
54 |
6% |

52 |
18% |
55 |
0% |