Employee Retirement Benefits
Village of Rosemont Employee Retirement Benefits
The Village has excellent retirement benefits available to all who meet the criteria. Anyone full or part time that is enrolled with IMRF (based on their hours worked in a year) is vested after 8 years.
In order to receive medical benefits through the Village as an IMRF employee you must be a full time employee who has worked the following:
20 years AND reached the age of 55 OR
13 years AND reached the age of 60 OR
10 years AND reached the age of 65.
At the time of retirement all IMRF employees and their spouse and or dependents move from the Village’s Medical Plan A to Plan B.
A full time public safety officer is considered eligible for retirement medical benefits under their pension plan after 20 years of service and having reached the age of 50. They move to the Village's Medical Plan C, (which mirrors Plan A), until they reach the age of 65 and then they are covered under Plan B. Their spouse, and or dependents move to Plan C with the Public Safety employee until they reach age 65 or 26 respectively.
ALL EMPLOYEES MUST SIGN UP FOR MEDICARE PART A AND PURCHASE MEDICARE PART B WHEN THEY TURN 65.
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