Section 6 - IMRF

Member Accounts / Past Service / Employer Resolutions / SECTION 6
Illinois Municipal Retirement Fund
Member
A
Member
B
Member
C
Age 28 55 40
Current Salary $15,000 $35,000 $45,000
Starting Salary $12,000 $17,500 $22,500
Years With Employer 5 years 15 years 10 years
Total
Member Costs: $2,739 $8,357 $7,383
Age-Based Factor 22% 60% 29%
Increased Cost
(Factor x Current Salary) $3,300 + $21,000 + $13,050 = $37,350
Employer Cost: $561 + $12,643 + $5,667 = $18,871
If members’ salaries increases are greater than the 4% assumption, there is a greater cost to the
employer than illustrated in the example above. Because the member cost is fixed, the cost burden of
an increased salary is passed on to the employer. The employer cost is paid through the employer’s
future contribution rate.
B. Military leave interrupted the member’s IMRF participation and the member returned to IMRF
participation within 90 days of discharge
Members may also be granted military service under a different section of the Pension Code. If a member
receives military service under this provision, he or she may not use the service in the computation of a
pension or retirement pay from the U.S. government.
A member who leaves participating employment to serve in the Armed Forces of the United States may
receive service credit for the time served by submitting Form 6.02J, if:
a. Within 90 days of discharge he or she returns to IMRF participating employment. The member can
return to an IMRF-covered position for any IMRF employer within 90 days of discharge. The member
is not required to return to the same IMRF employer he or she participated with prior to the military
service.
b. The governmental unit he or she is employed with has on file resolution Form 6.62 (unlimited service)
or Form 6.62A (limited service) authorizing service credits for military leave.
c. The member certifies that the military service will not be used in the computation of a pension or
retirement pay from the U.S. government.
d. The member encloses a copy of his or her discharge papers.
e. The member’s military period is for active duty service.
No immediate payment is required of the employer, but the cost will be reflected in the employer’s future
contribution rate. There is no cost to the member.
6.40 2. Military Leave - Application For Service Credit During Military Leave As Provided By The
Uniformed Services Employment and Re-employment Rights Act (Form 6.02J, Exhibit 6E)
An IMRF member who leaves participating employment because he or she was drafted, enlisted for regular
military service, or performed active duty in a reserve or national guard unit of the United States Armed
Forces, may receive service credit for military leave under federal law by submitting Form 6.02J, if the
member meets the following requirements.
Page 248 January 2014