R-908 - 05/24/2005 - GOVERNMENT - ResolutionsRESOLUTION 2005- GL- BD -FP -R -908
A RESOLUTION IN OPPOSITION TO LEGISLATION RELATIVE
TO FIRE UNION CONTROL OVER FIRE PENSION BOARDS
WHEREAS, the General Assembly of the State of Illinois has recently passed legislation which
reconstitutesthe downstate firefighter pension boards and give local fire unions a controlling share of the
vote, ;and
I
WHEREAS, the passage of this legislation, entitled House Bill 1403, gives additional pension
investment authority to active and retired firefighters, resulting in less oversight by the municipal officials of
the Village of Oak Brook, and
WHEREAS, House Bill 1403, by giving fire unions a controlling vote on the Fire Pension Board,
allows for more generous granting of disability benefits, and
WHEREAS, the Village President and Board of Trustees of the Village of Oak Brook, find that
proper investment of pension funds affects only the fiscal obligations of the municipal employer, and
WHEREAS, the Village President and Board of Trustees of the Village of Oak Brook find that
decisions relating to disability benefits have great fiscal impact on the Village, and
WHEREAS, the Village President and Board of Trustees of the Village of Oak Brook find that
investment of pension funds and decisions relating to disability benefits should be made by the municipal
corporate;authority; and
WHEREAS, the Village President and Board of Trustees find that the interests of the Village of
Oak Brook would be best served by opposition to House Bill 1403.
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of
Oak Brook, DuPage and Cook Counties, Illinois, as follows
Section 1 That the Village President and Board of Trustees for the Village of Oak Brook hereby
express their collective opposition to House Bill 1403, passed by the General Assembly of the State of
Illinois, giving local fire unions a controlling share of the vote on Fire Pension Boards.
Section 2- The Village President and Board of Trustees urge Illinois Governor Rod Blagojevich to
veto House Bill 1403 to retain proper control by the Fire Pension Boards
Section 3 All resolutions or parts of resolutions in conflict with this resolution are hereby repealed
to the extent of the conflict
Section 4 This resolution shall be in full force and effect from and after its passage, approval
and publication as required by law.
APPROVED THIS 24th day of May, 2005
vin Quinlan,
fi/illage Presid nt
Resolution 2005- GL- BD -FP -R -908
Resolution Opposing Fire Union Control
Over Fire Pension Bds Page 2
PASSED THIS 24th day of May, 2005
Ayes Trustees Aktipis, Craig, Kennedy, Manofsky, Sanford and Yusuf
Nays. None
Absent. None
0 F QA't
ATTEST
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Linda K. Gonnella, CMC
�ti�E01] � ,��`� Village Clerk