Vincent Chase, an IR renewal is still only good for 12 months. Not to be confused with a BFR at 24 months. If done in an appropriate aircraft or simulator, an IR could count as a BFR, i.e. you would get a year's use of the IR and two year's use of the aircraft, or any other aircraft that the BFR entitled you to fly.
Airline cyclic programs are a different situation. These can be tailored so that the IR never needs renewing as a separate exercise.
Last edited by Mach E Avelli; 21st Oct 2013 at 03:35.