R-1514 - 11/24/2015 - IMRF - Resolutions RESOLUTION 2015-IMRF-LTC-R-1514
A RESOLUTION AUTHORIZING THE VILLAGE OF OAK BROOK'S PARTICIPATION
IN THE LONG-TERM CARE(LTC) PROGRAM
FOR ILLINOIS MUNICIPAL RETIREMENT FUND MEMBERS AND RETIREES
WHEREAS, the Illinois Municipal Retirement Fund (`IMRF") has endorsed an optional Long-
Term Care ("LTC") insurance program for IMRF members and retirees; and
WHEREAS, as a participating IMRF employer, the Village of Oak Brook("Village") must opt into
the program in order for Village IMRF members and retirees to participate; and
WHEREAS, the LTC insurance program is administered by Doyle Rowe LTD in partnership with
ASCIA Partners; and
WHEREAS, it is the recommendation of Village Staff that the Village opt into the insurance
program so that Village IMRF members and retirees have the option of purchasing this insurance; and
WHEREAS, Village IMRF members and retirees who choose to purchase the insurance will be
responsible for paying 100% of the cost of insurance products, without any contribution from the Village;
and
WHEREAS, the Village's Human Resource staff is directed to work with ASCIA Partners and
Doyle Rowe to offer the LTC insurance program during an initial open enrollment period in January 2016:
and thereafter annually during an open enrollment period to be set by the Village's Human Resource
staff.
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: Recitals. The foregoing recitals are hereby incorporated into, and made a part
of, this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook.
Section 2: Resolved. The Village of Oak Brook, as an IMRF employer, opts into the LTC
insurance program.
Section 3: Execution of Documents. The Village Manager and the Village Clerk are hereby
authorized to execute on behalf of the Village any documents required to effectuate Section 2 of this
Resolution and to administer this program.
Section 4: Effective Date. This resolution shall be in full force and effect from and after its
passage, approval, and publication as required by law.
[SIGNATURE PAGE FOLLOWS]
Resolution 2015-IMRF-LTC-R-1514
Authorizing Participation in
IMRF Long-Term Care Program
Page 2 of 2
APPROVED THIS 24th day of November, 2015 ✓r� ---'��
Gopal G. Lalmalani
Village President
PASSED THIS 24th day of November, 2015
Ayes: Trustees Adler, Mar, Manzo, Tiesenga, Yusuf
Nays: None
Absent: Trustee Moy f
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ATTEST: f �
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Charlotte K. Pruss
Village Clerk
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