4.23 Monthly Employer Statement and Reporting of IMRF Deposits on Form 3.10

For employers who use Employer Access Web Wage Reporting to submit monthly wage reports do not complete Form 3.10. See 4.25 Methods of Reporting Monthly IMRF Wages and Contributions: Specific Guidelines.

Employers who do not have Internet access and do not use Employer Access Web Wage Reporting must complete Form 3.10, ”IMRF Monthly Deposit Summary,” (Exhibit 4C).

This form is used to report IMRF wages and IMRF member An employee who works in a position not excluded from IMRF coverage and whose position meets the annual hourly standard for IMRF coverage. For the purposes of an Authorized Agent submitting a petition or casting a ballot in an executive trustee election, an active member also includes an employee receiving an IMRF pension and working in position that does not qualify for IMRF participation or one that provides the employee the option of participating in IMRF, e.g., elected office. and employer contributions The employer IMRF contribution rate is computed separately for each employer every year. Employer contributions pay a portion of the cost of retirement pensions, surviving spouse pensions, death benefit coverage, and disability benefits. for each IMRF plan the employer reports:

• RG01 Regular Tier 1
  Regular plan members who first participated in IMRF or a reciprocal system (except the Judges and General Assembly Retirement Systems) before 1/1/2011.

• RG03 Regular Tier 2
  Regular plan members who first participated in IMRF on or after 1/1/2011.

• VA01 Voluntary Additional Tier 1

• VA03 Voluntary Additional Tier 2

• SL01 SLEP Tier 1
  SLEP members who first participated in SLEP before 1/1/2011.

• SL03 SLEP Tier 2
  SLEP members who first participated in IMRF SLEP on or after 1/1/2011

IMRF’s Elected County Official Plan also allows for several ”tiers.” These appear as follows:

Original ECO:

• ECR1 ECO IMRF’s Elected County Official Plan provides for an alternative benefit plan for Elected County Officials. For an elected county official to participate in this plan, his or her county must first adopt the program. The original ECO plan was revised on January 26, 2000. County officials joining ECO on or after that date participate in the revised ECO program.
  Regular plan members who elected ECO before January 26, 2000. The member’s ECO employer is responsible for additional cost of benefits payable to the member under ECO.

• ECS1 ECO SLEP
  SLEP members (i.e., Sheriff) who elected ECO before January 26, 2000. The member’s ECO employer is responsible for additional cost of benefits payable under ECO.

• ECR2 ECO
  Regular plan members who elected ECO before January 26, 2000, under some other employer. The member’s county employer is responsible for additional cost of benefits payable to the member under ECO. The member’s current non-county employer is responsible for cost of benefits under the Regular plan.

• ECS2 ECO SLEP
  SLEP members who elected ECO before January 26, 2000, under some other employer. The member’s ECO county employer is responsible for additional cost of benefits payable under ECO. The member’s current employer is responsible for cost of benefits payable under SLEP.

Revised ECO:

• EPR1  Revised ECO Tier 1
  Members (except sheriffs) who participated in IMRF (in any plan) before January 1, 2011 and joined ECO after January 26, 2000.

• EPS1 Revised ECO SLEP Tier 1
  Sheriffs who participated in IMRF SLEP before January 1, 2011 and joined ECO after January 26, 2000.

The ECO Plan is closed to new members as of August 26, 2011. See Paragraph 6.10 F. Election of Elected County Official to Participate in ECO.

Learn more from the following topics:

1. Monthly Employer Statement (Exhibit 4B)

2. Reporting IMRF Wages and Contributions Summary, Web or Form 3.10

3. Wage payments must be submitted electronically