Eligible Unused, Unpaid Sick Days are Converted into Service Credit - Not "Paid Out"
IMRF members are able to convert unused/unpaid sick time they have with their employer at the time they retire. These days can add service credit, which may increase your monthly pension payments. For details, select your specific plan below:





Service credit is your total time under IMRF, stated in years and months, and it is used along with your Final Rate of Earnings (FRE) to determine the amount of your pension. The more service credit you have, the larger your pension amount will be.

Please note: IMRF does not "pay out" on unused, unpaid sick days from your IMRF employer.
Why Does IMRF's 2023-2025 Strategic Plan Matter to IMRF Members?
IMRF’s Strategic Plan is an actionable way to reach our goals. The strategic plan provides specific targets we can aspire to over the next three years and a process for continuous evaluation and course correction when needed.
 
The four areas of focus in the plan are: Financial Health, Customer Engagement, Workforce Engagement, and Operational Excellence. Each of the four key result areas impacts and helps bolster the other 3 key result areas, and all of them together benefit our retirees in multiple ways.
 
Workforce engagement strategies empower and educate IMRF staff enabling them to be more effective in carrying out the customer engagement and operational excellence strategies to best meet the needs of our members. Workforce engagement strategies also enable IMRF to attract and retain highly skilled, successful investment services and financial services staff members to execute the strategies that ensure the financial health of the organization, which in turn guarantees the secure future retirement of our members.
 
IMRF first implemented its formal strategic planning process in 2005. Strategic planning is ongoing, with a formal 12-step process that results in a re-examined and adjusted version of the strategic plan being released every 3 years.
 
For more information about IMRF’s 2023-2025 Strategic Plan, click here. 
Webinar Now Available on the IMRF Website to Watch Whenever it's Convenient for You!
IMRF's Pre-Retirement Workshop webinar is for IMRF members who are within five years of retirement. It will address the steps you must take before and during the IMRF retirement application process.

The Pre-Retirement Workshop webinar is now offered online, on-demand on the IMRF website. You can view this recently recorded webinar at any time, when it is convenient for you.

To watch the Pre-Retirement Workshop webinar, click here.
‌
Please do not reply to this message. Replies to this message will not be read or responded to. Please visit www.imrf.org/contact to connect with IMRF or call us at 1-800-ASK-IMRF (1-800-275-4673).
To ensure our emails reach your inbox, please add "newsletter@imrf.org" to your address book.
Update your email address through Member Access.