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  • Imrf Form Bf 20

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Ns while completing this form, please call an IMRF Service Representative at 1-800-ASK-IMRF. (1-800-275-4673) PLEASE PRINT OR TYPE Member s first name Middle Initial Last Jr., Sr., II, etc. Street (Mailing) address Social Security number Telephone number (Home) ( City, State and Zip + 4 I Check this box if this is a new address I I Check this box if this is a new address I County Telephone number (Work) ( Date ) ) Signature Estimate One Anticipated Last Day of Work Estimate Two A.

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The formula to calculate a Tier I Regular Plan pension is: 1-2/3% of your FRE for each of the first 15 years of service credit, plus. 2% of your FRE for each additional year of service credit over 15 years.

In order for IMRF to process your payment, you must choose one. I direct IMRF to: Roll over nothing and make the entire distribution payable to me, less the 20% withholding. Roll over the entire amount and make payable to the IRA, 401k, or eligible retirement plan as named below.

Receiving an IMRF Pension To begin receiving an IMRF Tier 2 Regular Plan pension, you: Must have at least 10 years of service credit (can include reciprocal retirement system service credit).

Separation Refund — when you leave your IMRF employer before you retire. Voluntary Additional Contribution refund — if you have been making Voluntary Additional Contributions (VAC) you can take a refund of these contributions at any time.

If an ERI retiree returns to work for any IMRF employer in any position, even as an independent contractor, his or her pension will be affected. Not only will the pension be suspended, but severe financial penalties apply.

The IMRF Pension Most IMRF members participate in IMRF's Regular plan. A Regular Tier 1 member needs at least eight years to vest (be eligible) to receive an IMRF Regular plan pension. The earliest age a Regular Tier 1 member can receive a pension is age 55 (reduced) and age 60 (full pension).

You must have at least eight years of service credit to receive a future IMRF pension. This eight-year requirement can include reciprocal service. Once you have at least eight years of service credit, you are guaranteed an IMRF pension for life. The more service credit you earn, the larger your pension will be.

IMRF Will Not Reduce Your Social Security With the exception of a small number of people, IMRF members participate in Social Security in addition to IMRF, and you are entitled to full retirement benefits from each.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232