R-438 - 11/24/1987 - IMRF - Resolutions Supporting Documents i t4
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VILLAGE OF OAK BROOK
1200 OAK BROOK ROAD
OAK BROOK. 11.11)4C)15 60521-2255
312 990.3000.
November 18, 1987
MEMO TO: V� President and Board of Trustees
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+ FROM: Ste hen Barley, Village lfsaavtr, and Terry C. Klein, Finance Officier
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SUBJECT: Authorisation of an IMF Agent
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The general duties of an DSP Agent are as follows:
1. To determine and certify to DStF which employees are covered by IMRF and
Social Security.
2. To sea that proper IMRF member contributions are withheld from employee's
earnings.
3. To complete payroll reports and forward IMF member and employer 'I
contributions to ISF promptly. 1�
4. To forward promptly all communications directed to members and beneficiarie
by Imo`, including:
a. Member ballots for Employee Trustees.
b. *amber statements of accounts.
c. Leaflets, bulletins and other informational material directed I'.
to members. ;I
5. To keep the governing body informed regarding:
a. Employer contributions rates and funds required to meet
participation costs.
b. Employer Accounts Receivable and other charges.
c. Letters requiring governing body approval (such as validation of
prior service) as wil as the general administration of IMF.
6. To assist members in filing participation papers and their beneficiaries in
filing applications for retirement annuities and other benefits.
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U: Authorisation o! an I1ltf Agent, dated November 18, 1987.
7. To performs ether ad+eri tistrativs duties in Connection with INN', such ass ''
s. Answer nimbler isquiries and if necessary assist them in
c memiaating with lair, including questions in respect to
member annual statements.
b. Carefully review the mammal statements of employer account
issued by INK! ae>td reconcile them with municipal records.
9. To sign,ell payroll reports, notices of member participation and
terminatioe mod other forms 'aid comment actions on behalf of the unit of
IOVIOTONNOStP
Steve and I feel that the Tillage Treasurer sauld be best suited to handle these
functions. T esrsfcros. V respectfully request tint the Ville** laird approve the
sppedstaent of Teter C. Bean as the asetbariwed agent repra<eeett the Village .
of Oak $ ook in the liklias lie elcipsl Retirement lured.
Respectfully submit ,
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Stephen .Ssrley, Village l anagear
Terry C. Klein, Village Treasurer
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VILLAGE OP OAK BROOK
MINUTES OF WE REGULAR NESTING
November 24, 1987
/
IMEETING CALL:
The Regular Meeting of the Board of Trustees was celled to order by President
Cerne in the Sasuel E. Dean Board loon of the Village Commons at 7:30 P.M.
I. ROLL CALL:
PRISM: President Vence F. Cerne
Trustees Carry J. Bartecki
Karen M. Busby
Walter C. Loris
Joseph H. Rush
H. Richard Winters
ABSENT: Trustee Ronald P. Risher
PLEDGE TO TER FLAG
II. APPROVAL OF 1(IO :
Trustee Tarifa moved, seconded by Trustee Winters...
That the Minutes of the Committee-of-the-Whole Fleeting of November 9, 1987
be approved as presented and waive reading of sane.
VOICE VOTE: All present, in favor with Trustees Bushy and Rush abstaining.
So ordered.
Trustee Winters moved, seconded by Trustee Bartecki...
That the Ninutee of the Regular Meeting of November 10, 1987 be approved as
presented and waive reading of sage.
VOICE VOTE: All present, in favor with Trustees Bushy and lush abstaining.
So ordered.
III. IP�CLS �1t> OLATIOJs
A. MOM= M. 1t-4 A '',SOLUTION APPOINTING � VILLAGE TREASURER AS
TO ATOM= AG TING THE VILLAGE OF OAK BROOM, ILLINOIS IN
TSB ILLINOIS MUNICIPAL INTIRSNINT FOND.
Trustee Rusk saved, seconded by Trustee Bushy...
To pass Resolution No. 1-438 as presented and waive reading of sane.
ROLL CALL VOTE: Ayes: Trustees Bartecki, Bushy, Inrie, Rush, Winters
and President Cerne.
Nays: None
Absent: Trustee Rasher. So ordered.
IV. FINANCIAL:
A. Treesnrsr'a Report:
Trustee Bartecki moved, seconded by Trustee Rush...
To approve. the Treasurer's Report for the Routh of October, 1987 as
presented.
VILLAGE OF OAK 'MOOR Minutes -1- November 24, 1987
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