Pension Estimates

Benefit Processing Time

It will take approximately eight weeks to process your benefit after the later of – the date IMRF receives all required information OR your benefit effective date. This includes retirements, death benefits, and disability benefits. For member contribution refunds and Voluntary Additional Contribution refunds, please allow approximately eight weeks processing time after IMRF receives the required information.

2025 Employer Rate Webinars

Watch IMRF's 2025 Employer Rate Meeting Webinar. The Meetings are designed for Authorized Agents, finance officers and their staff, governing body members, and any other interested employer representatives. Executive Director Brian Collins and Chief Financial Officer Mark Nannini provides an update on IMRF’s financial performance from the prior fiscal year, its impact on employers’ future IMRF contribution rates, and other topics of strategic significance to the pension system.

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 Estimator 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

You will be able to save pension estimates you create in Member Access.

Estimates Included in Your Personal Statement of Benefits

Every year IMRF provides an online 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.

As You Near Retirement

We recommend running a pension estimate in Member Access 12 to 24 months before you plan to retire. Visit www.imrf.org/retirement-planning for more information on running a pension estimate.

If your pension estimate requires special handling (reciprocity, re-retirement, reversionary, or purchase of service), contact IMRF by sending us a secure message through your Member Access account or by calling 1-800-ASK-IMRF (275-4673), 7:30 AM to 5:30 PM, Monday through Friday.

Understanding Plans and Tiers