TRS & IMRF PENSION SYSTEMS
Employees may receive contributions to the Illinois Municipal Retirement Fund (IMRF) or the Illinois Teachers Retirement System (TRS). If you are a member, you can visit the websites below to learn more about your benefits
Illinois Teachers' Retirement System provides retirement, death and disability benefits for all licensed educators employed in Illinois public schools outside of the City of Chicago.
Tier 1 members in Teachers' Retirement System of the State of Illinois first contributed to TRS before Jan. 1, 2011 or have pre-existing creditable service with a reciprocal pension system prior to Jan. 1, 2011.
Tier 2 members in Teachers' Retirement System of the State of Illinois first contributed to TRS on or after Jan. 1, 2011 and have no pre-existing creditable service with a reciprocal pension system prior to Jan. 1, 2011.
All eligible employees must participate in the Illinois Municipal Retirement Fund (IMRF) System. Eligible employees are currently defined by law as individuals who are employed for a minimum of 600 hours over a twelve-month period. The employee’s share of the IMRF contribution is deducted from each employee paycheck. The Board of Education will comply with all current applicable rules and regulations governing IMRF contributions. Additional information about the IMRF Pension system can be accessed on the IMRF website.
Your “Tier” determines your IMRF benefits. Your tier is determined by the first date you began participating in IMRF or certain Illinois reciprocal systems.
Most IMRF members participate in the Regular plan. Regular plan members work for local units of government that participate in IMRF. Government types include school districts, cities, villages, townships, counties (except Cook), fire protection districts, library districts, and park districts.
If you first participated in IMRF or reciprocal system (except Judges or General Assembly retirement systems):
- Before January 1, 2011, you are in Tier 1
- On or after January 1, 2011, you are in Tier 2
403 (b) & 457 Annuity Information
The District offers employees the opportunity to invest for their retirement in optional 457 and 403(b) programs. You can find information on the website for U.S. OMNI & TSACG, the plan administrator.
The information provided on this website is not for the purpose of providing personal financial products or investment advice. It does not take into account your particular investment objectives, financial situation, or investment needs. You should assess whether the information provided is appropriate to your particular investment objectives, financial situation, and investment needs. You should do this before making an investment decision. You can either make this assessment yourself or seek the assistance of a financial or legal adviser. The information contained on this website and the informational links is not a recommendation to invest in any investments, securities, or financial products.
Please refer to the links below for electronic copies of the U.S. OMNI & TSACG 2023 Annual Retirement Benefits Guide (ARBG) and 403(b) Meaningful Notice/Plan Information brochure.