Board Resolutions - Creditable Service

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Board Resolution 2015-11-14(a)
Rules for correcting an employee’s record of creditable service.
Section: About IMRF  
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Board Resolution 2013-10-06
Rules for the actuarial computation to calculate the member cost of a transfer of service credit under section 3-110.3 of the Pension Code.
Section: About IMRF  
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Board Resolution 2013-04-07
Establishes an administrative rule on military service.
Section: About IMRF  
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Board Resolution 2010-02-07(b)
Adopts policies regarding purchases of past service credit and service credit transfers.
Section: About IMRF  
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Board Resolution 2008-01-05(b)
Amends resolutions 2005-11-06(c) and 2005-12-10(c) so as to delete any requirement that participants pay interest to establish omitted service.
Section: About IMRF  
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Board Resolution 2007-09-10
Allows service credit to members who served in the armed forces of the United States for up to four years of service.
Section: About IMRF  
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Board Resolution 2006-12-08(a)
Establish rules regarding the calculation of service credit earned for the purpose of eligibility for benefits.
Section: About IMRF  
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Board Resolution 2006-01-06(a)
Established the adoption of procedures for establishing prior service credit.
Section: About IMRF  
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Board Resolution 2005-12-10(c)
Establishes that Accounts may be adjusted to grant creditable service which was not established when service was performed
Section: About IMRF  
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Board Resolution 2005-12-10(b)
Establishes that the contribution requirement from the employer involved in such cases be considered by the actuary when determining future contribution rates.
Section: About IMRF  
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Board Resolution 2005-11-06(c)
Establishes that interest on past service contributions be charged for the periods specified.
Section: About IMRF  
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Board Resolution 2005-08-11
Establishes that the Board of Trustees of the Illinois Municipal Retirement Fund does hereby establish the following method of making any necessary reduction in service transferred from an Article 3 pension fund under P.A. 94-0356.
Section: About IMRF  
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Board Resolution 1997-08-20
Allows for the purchase of up to 24 months of military service
Section: About IMRF  
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Board Resolution 1971-7985
Adopts that the requirement established by Resolutions 7273 and 7454, that part-time elected officials participating in IMRF may not establish retroactive service credits unless a resolution adopted by the governing body of their municipality was filed with the Fund on or before October 31, 1969, shall be abolished.
Section: About IMRF  
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Board Resolution 1969-7519
Establishes that the Board of Trustees of the Illinois Municipal Retirement Fund elects to allow creditable service up to 12 months of military service, to participating employees of the Fund who have left or leave their employment to serve in the Armed Forces of the United States.
Section: About IMRF  
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Board Resolution 1968-7149
Adopted rules and regulations covering the procedures for establishing creditable service and service credit during leaves of absence
Section: About IMRF  
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Board Resolution 1968-7033(f)
Adopted rules and regulations qualifying an employee as seasonal if he is in a position normally requiring regular service of at least six consecutive months in a twelve-month period
Section: About IMRF  
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Board Resolution 1968-7033(c)
Established that creditable service in an amount not to exceed 120 months shall be granted to participating employees for service in out-of-state local governmental bodies if the conditions set forth are met.
Section: About IMRF  
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Board Resolution 1968-7033(b)
Established that creditable service shall be granted upon certification by a municipality or participating instrumentality that the governing body has elected to allow creditable service to employees who leave employment to service in the Armed Forces of the United States and return to active employment and participation in the Fund
Section: About IMRF  
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Board Resolution 1965-6236(a)
Employees may elect to pay contributions for past service not to exceed a period of 50 months; however they are permitted to elect a shorter period.
Section: About IMRF  
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Board Resolution 1964-5906
Establishes that the Executive Director shall schedule all such separation benefit payments under $500 according to the normal benefit payment procedure, but that in cases where the benefit exceeds $500, the case shall be considered by this Board on an individual basis
Section: About IMRF  
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Board Resolution 1963-5639
Establishes that the interest to be transferred shall include interest accumulated on each nurse’s account as of December 31, 1962, plus interest on the January 1, 1963 balance, at the rate of 3% per annum from January 1963 through September 30, 1963.
Section: About IMRF  
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Board Resolution 1961-5056
Adopts that under the existing law and regulations, employees are entitled to service credits, regardless of salary, if they meet all of the other requirements, such as being in a position normally requiring 600 hours per year.
Section: About IMRF  
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Board Resolution 1959-4268
Establishes that one full year of service credit for a seasonal employee shall accrue only on the yearly commencing date of current period of employment and such employees who terminate their employment relationship for any reason prior thereto shall be granted service credits only for those months during which the employment relationship existed.
Section: About IMRF