5.20 C. IMRF Early Retirement Incentive (ERI)

  1. Informing members of the ERI

After an employer adopts the ERI by resolution, it should inform its members of the program. If an employer has any IMRF members who have been on IMRF disability for less than two years, those members may also be eligible for ERI and must also be notified of the program. Employers should notify their members for two reasons:

  1. IMRF will not inform members of an individual employer that their employer has adopted the program. Adoption of the program is an internal personnel matter for the employer. However, if a member contacts IMRF, we will confirm whether an employer adopted the program.

To assist employers, we have developed a member ERI packet employers can duplicate and give to their members. You can download and print the member ERI booklet.

  1. The legislation requires members who intend to retire under the ERI to notify IMRF of their intention by completing IMRF Form 5.21, "Notice of Intent to Retire Under IMRF ERI." (See Exhibit 5C.) For more information on the Notice of Intent, refer to paragraph 11 Notice of Intent to Retire Under Employer's IMRF ERI in this section.

Download and Print Form 5.21

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