5.10 E. Members are Not Required to Withdraw IMRF Contributions

A member is not required to withdraw his or her IMRF contributions upon separation from employment (termination of IMRF participation).

A Tier 1 member with eight or more years of any service (Regular and/or SLEP) may receive a pension Also known as an annuity. An IMRF pension is paid as long as the member lives. It is increased by 3% of the original amount each year. A member must have at least eight years of service credit and be age 55 to apply for an IMRF pension under the Regular and ECO plans. A member must be age 50 and have at least 20 years of SLEP service credit to apply for a SLEP pension. at age 55 or thereafter. A Regular Plan Tier 2 member with 10 or more years of service may receive a pension at age 62 or thereafter.  

A SLEP Tier 1 member with 20 or more years of SLEP service may receive a SLEP pension at age 50 or thereafter. A SLEP Tier 2 member with 10 or more years of SLEP service may receive a SLEP pension at age 50 or thereafter.

A Tier 1 member with less than eight years or a Tier 2 member with less than 10 years of service, may earn a pension by earning future service under IMRF or with another Illinois public pension system under the Reciprocal Act (see 5.50 Reciprocity).

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