FAQ

What if I retire mid-2026?

  • Retirements beginning before July 1, 2026 are handled by the IKORCC Fund.
  • Retirements on or after July 1, 2026 are handled by the MACRC Fund.
  • Any retirement applications received by the IKORCC Fund after May 22, 2026 will be shared with the MACRC Fund to commence retirement payments after July 1, 2026.

Please note that plan rules regarding work before and after July 1, 2026 may differ, and different rules could apply depending on when work is performed.