Loading...
R-319 - 12/08/1981 - IMRF - Resolutions swt ro'r x 'c- 1000 NOS _ .4-riummotio e RESOLUTION R RESOLUTION REGARDING VARTICI PAT ING =ANii .GOyERED EMPL040Ec UNDER KitE w ILLINb!s MUNICjIPAL T REMJ T"FUND . .; . (1000 HOURS STANDARD FOR M1 F (PARTIC PATION) WHEREAS, Section 7-137 of the Illinois Pension Code, as amended pursuant to Public Act 82-459, provides that a municipality may elect to exclude from participation in the Illinois Municipal Retirement Fund persons in positions normally requiring performance of duty for less than 1000 hours per year; and WHEREAS, the exclusion by law may only be applicable to persons first employed- in positions under the Illinois Municipal Retirement Fund by any employer in they said Fund after the adoption of a resolution establishing such exclusions; and WHEREAS,, the President and Board of Trustees, Of the Village of Oak Brook deem the adopiton of a resolution making such an election to be in the public interest; NOW, THEREFORE, Bd IT RESOLVED BY THE PRESIDENT AND BOARD .. OF TRUSTEES OF ;THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS, that pursumnt,to the provisions of Section 7-137 of the Illinois Pension Code, as amended pursuant to Public Act 82-459, that the Village of Oak Brook does hereby elect to exclude from participation in the Illinois Municipal Retirement Fund all officials and employees in 1 positions formally requiring performance of duty for less than 1000 hours per. year. .. RE IT FURTHER RESOLVED that this exclusion shall apply only jj 1d to officials and employees who first occupy offices or positions under i the said Fund after the effective date of this Resolution. I BE IT FURTHER RESOLVED that this Resolution shall be in full 1 force and effect as of January 1, 1982. 1 BE IT FURTHER RESOLVED that the Village Clerk it baby authorized and directed to file a certified copy of.tins .Resolution with the Illinois Municipal Retirement Fund. Passed. and approved this 8th, day of laelm6er 1981 by the President and Board of .?trustees of the Qifl*ge oT Oak Brook, LuPage and Cook Counties, Illinois according to a roil call: vote as follows: Ayes: Trustees Cangreve, Iurie, Listecki, Philip, Mush auditor-se, Nays: Ilona Absent: President Verne • Vi ge ,.i,en a ATTEST: s :"