6.40 Past Service Credits/Member Account Corrections

11. Conversion of Regular or SLEP Service Credit to Elected County Official (ECO) Service Credit (For earnings previously reported to IMRF) (IMRF Form “Conversion of Regular or SLEP Service Credit to Elected County Official (ECO) Service Credit”)

Members who participate in the Original Elected County Official (ECO) plan (joined ECO prior to January 26, 2000) and who have any existing Regular or SLEP service can convert that service to ECO. The cost of converting this service depends upon the member’s original contributions.

If a 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. participates in Revised ECO (joined ECO on or after January 26, 2000), he or she can convert only service earned as an elected county officer to ECO. Use IMRF Form entitled, "Conversion of Regular or SLEP service credit Service credit is a member's total time under IMRF, stated in years and fractions. Service is credited monthly while a member is working, receiving IMRF disability benefits or while he or she is on IMRF's Benefit Protection Leave. A member earns one month of service credit for each month he or she: (1) works in a qualified position and makes a member contribution. (2) worked in a qualified position prior to his or her employer joining IMRF. (3) receives an IMRF disability benefit. (4) is on an IMRF Benefit Protection Leave (limited to 12 months). (5) purchases a month of past service credit. A member cannot earn more than one month of service credit for any given calendar month. to Elected County Official (ECO) Service Credit."

Members can access this form by visiting the Member Access area on IMRF's website (www.imrf.org).

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