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HomeMy WebLinkAbout#5135 IMRF RESOLUTION NO 5135 WHEREAS, the standard member earnings reportable to the Illinois Municipal Retirement Funds do not include the value of health insurance or cash payments in lieu of or related to healthcare benefits; and WHEREAS, the governing body of an IMRF participating unit of government may elect to include in IMRF earnings cash payments in lieu of or related to healthcare benefits; and WHEREAS, the City Council, of the City of Canton, is authorized to include cash payments made separately from salary and made in lieu of or related to healthcare benefits as earnings reportable to IMRF and it is desirable that it do so. NOW THEREFORE BE IT RESOLVED that the City Council of the City of Canton does hereby elect to include as earnings reportable to IMRF cash payments made separately from salary and made in lieu of or related to healthcare benefits effective from inception BE IT FURTHER RESOLVED that the City of Canton City Clerk is authorized and directed to file a duly certified copy of this resolution with the Illinois Municipal Retirement Fund. CERTIFICATION I, DIANA PAVELY-ROCK, the City Clerk of the City of Canton of the County of Fulton, State of Illinois, do hereby certify that I am keeper of its books and records and that the foregoing is a true and correct copy of a resolution duly adopted by the City of Canton City Council_at a meeting duly convened and held on the 6'b day of March, 2018. AYES: Aldermen Justin Nelson, Angela Lingenfelter, Tad Putrich, Angela Hale, Craig West, John Lovell, Chris Jump, Ryan Mayhew Nays: None Absent: None � Diana Pavley Rock CITY OF CANTON CITY CLERK t McDowell, May Suggested Resolution to Include Cash Payments ®Related to Health Insurance as IMRF Earnings IMRF Form 6.75 (01/2018) PLEASE ENTER Employer IMRF LD. Number RESOLUTIONS Number J WHEREAS,standard member earnings reportable to the Illinois Municipal Retirement Fund do not include the value of health insurance or cash payments in lieu of or related to healthcare benefits; and WHEREAS,the governing body of an IMRF participating unit of government may elect to include in IMRF earnings cash payments in lieu of or related t/p'hr'althcare benefits and WHEREAS,the \ CnTDn et Lf �f(v(C/ L of the QQ BOARD,COUNCIL,etc. e1 //�� y 0r \ c,ro,t is authorized to include EMPLOYER NAME cash payments made separately from salary and made in lieu of or related to healthcare benefits as earnings reportable to IMRF and it is desirable that it do so. //py NOW THEREFORE BE IT RESOLVED that the 0et^ron L-/ \(�t1„Ci of the /^v MRD,COUNCIL,etc. l.-,i I Y U�' S'`i T7iN does hereby elect to EMPLOYER NAME include as earnings reportable to IMRF cash payments made separately1from salary and made in lieu of or related to healthcare benefits effective L4PD(1 I nC cp bin 01- P`QN • EFFE TIVE DATE f BE IT FURTHER RESOLVED that v I[j is authorized and directed CLERK OF SECRETARY OF THE BOARD to file a duly certified copy of this resolution with the Illinois Municipal Retirement Fund. CER (CATION /'p ]� I. LCra-- OJIry CC.k— , the CIi1 `iCCk- J`IZ //�� NAMEn CLER SECRETARY of the (�j 1 d +- nTUN of the County of (.42)W EMPLOYER NAME COUNTY State of Illinois, do hereby certify that I am keeper of its books and records and that the foregoing is a true and correct copy of a resolution duly adopted by its Of )1 `UU�1C1 L, at a meeting duly convened II ,^, QQ � GOVERNING BODY and held on the 62 l� day of r-y(-Ci-C , 20 1 g . SIG /•O` cK OR SECRETARY OF THE BOARD IMRF Suite 500,2211 York Road.Oak Brook Illinois 60523-2337 Employer-only Phone:1-800-728-7971 wwwimrf.org IMRF Form 6.75(01/2018)