5.50 F. Repayment of Refunds

A member who has forfeited pension credits See "creditable service." by accepting a refund of member contributions Members who participate in the Regular Plan contribute 4.50% of salary toward a future IMRF pension: 3.75% for the member and 0.75% for a surviving spouse pension. Members who participate in the SLEP plan contribute 7.50% of salary (on and after June 1, 2006) toward a future SLEP pension: 6.75% for the member and 0.75% for a surviving spouse pension. Before June 1, 2006, SLEP members contributed 6.50 percent of salary; 5.75 percent for the member and 0.75 percent for a surviving spouse pension. Members in the ECO plan contribute 7.50 of salary toward a future ECO pension: 6.75% for the member and 0.75% for a surviving spouse pension. may reinstate the credits under the Reciprocal Act after returning to work for another system for at least two years after the refund is received, provided that the rules of the first system permit reinstatement If a member takes a separation refund, he or she may be able to repay (with interest) IMRF and reinstate those years of service credit..

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