How is service credit shown if I work for two different IMRF employers?
If you work for two IMRF employers at the same time, you will be reported by both employers for the same month. However, by law, you are eligible for only one month of service. This is called “concurrent service credit.” On your statement, you receive only one month of service credit when you work for two IMRF employers at the same time. However, the salary you earn from both employers is combined for that month. Therefore, if the concurrent service occurs during your “final rate of earnings” (FRE) period, it can increase the amount of your pension.
Related Questions
- I have service credit with several different CalPERS-covered employers. If I purchase this service credit, which employer will the service be credited to?
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