4.23 C. Wage Payments Must Be Submitted Electronically

Payments made to IMRF must be made electronically through the Employer Access portal via pre-authorized debit (PAD) from the bank account associated with the account. For more information on setting up the bank account to submit PAD payments, visit the Employer Access Learning Center located at www.imrf.org. If PAD is not used, the employer A unit of government that joins IMRF. will be subject to a $25.00 processing fee.

The system allows you to identify the payment type, such as:

• Wage report contributions

• Advice payment

• Employer ERI The IMRF Early Retirement Incentive. At the employer's option, a member can purchase up to five years of service credit. For each period of service credit purchased, the member's age is increased accordingly. The member must be at least age 50 and have at least 20 years of service credit (can include Reciprocal service). cost

• Member ERI cost

• After-tax payment for member past service A member can receive past service credit for service performed and earnings paid for a period prior to January 1 of the current year (January 1 through December 31). Past service falls into three categories of authorization: Requires Governing Body approval or prior resolution on file: Military leave provided by Illinois Pension Code, Retroactive service for elected officials, Application for prior service IMRF Benefit Protection Leave, and Out-of-state service credit authorization. Requires approval of Authorized Agent: Application for retroactive service credit, Omitted service credit verification, General Assembly application for service, and Certification of Sheriff’s Law Enforcement service. Requires application by member only: Application for reinstatement of service (repay a refund), Military leave provided under Federal law, and Conversion of up to 120 months of Regular plan service to SLEP.

• Additional funding of the employer’s funding obligation.

• Accelerated Payments

You can also specify a future bank account debit date up to 40 days in the future.

For added security, a payment is initiated only after your completed call or visit into the system. Also, payments made on the IMRF First Data Government Solutions system can be sent only to IMRF.

Pay-by-phone

Available 24 hours a day. The system can be accessed from anywhere by telephone. The system guides you through the process. Access is toll-free and all charges are paid by IMRF.

Pay online

A web-based payment system, is a fully integrated, electronic payment solution available online 22 hours a day (with a nightly maintenance window), seven days a week.

To Enroll in First Data Government Solutions EFT

Complete IMRF Form entitled, "IMRF Electronic Funds Transfer - EFT - Add, Change, or Delete an Account" and return the form to IMRF.

Note: If you use multiple bank accounts to make payments to IMRF, you will need to complete a separate enrollment form for each bank account you use.

Once your account is ready for use, you will receive a confirmation letter, your EFT number (assigned by IMRF), your PIN code (assigned by First Data Government Solutions), EFT system instructions, and a set of Frequently Asked Questions.

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