Pension Estimates Help You Plan
An important part of your retirement planning is knowing what your retirement benefits will be. IMRF offers a variety of ways for you to estimate your future IMRF pension.
Create Personal Pension Estimates in Member Access
The Pension Calculator in Member Access lets you create pension estimates at any time, and you can see your results right away. You can create an unlimited number of retirement scenarios, such as using:
- Different ages at retirement
- Different amounts of service credit
- Estimated future wage increases
Estimates Included in Your Personal Statement of Benefits
Every year IMRF sends you a personal statement of benefits. Once you have at least one year of service credit, your annual statement will include personal pension estimates and the estimated value of your future IMRF pension.
Formal Pension Estimates
When you are nearing retirement, you should call IMRF to request a formal pension estimate. You should always request a formal written estimate before making any final decisions about your retirement.
Did you know?
You can create a variety of informal, personalized pension estimates in Member Access with the pension calculator tool.