Form 2003 Request to Establish Optional Service Credits - Illinois

What Is Form 2003?

This is a legal form that was released by the Illinois State Employees Retirement System - a government authority operating within Illinois. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 2003?
A: Form 2003 is a document used to request the establishment of optional service credits in Illinois.

Q: What are optional service credits?
A: Optional service credits are credits that can be purchased by members of certain retirement systems to increase their retirement benefits.

Q: Who can use Form 2003?
A: Form 2003 can be used by members of eligible retirement systems in Illinois.

Q: What retirement systems are eligible for optional service credits?
A: The applicable retirement systems are listed on the form. Please check the form instructions for the specific systems.

Q: How do I fill out Form 2003?
A: You must provide your personal information, retirement system information, and details of the optional service credits you wish to establish. Please follow the instructions provided on the form.

Q: Are there any fees associated with establishing optional service credits?
A: Yes, there are fees associated with the establishment of optional service credits. The fees may vary depending on the retirement system.

Q: Can I establish optional service credits after retirement?
A: Generally, optional service credits must be established before retirement. However, some retirement systems may have provisions that allow for the post-retirement establishment of service credits. Please consult the specific retirement system for more information.

Q: What is the deadline for submitting Form 2003?
A: The deadline for submitting Form 2003 may vary depending on the retirement system. Please refer to the instructions provided on the form or contact the retirement system directly for the deadline.

Q: What happens after I submit Form 2003?
A: After submission, the retirement system will review your request and notify you of the outcome. If approved, the optional service credits will be established and added to your retirement benefits.