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R-2010 - 04/12/2022 - ICMA - Resolutions Supporting Documents THE VILLAGE OF OAK BROOK COOK AND DUPAGE COUNTIES, ILLINOIS RESOLUTION NUMBER 2022-ICMA-CNTRCT-RHS-AMND-R-2010 A RESOLUTION APPROVING AND AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE VILLAGE AND ICMA-RC TO PROVIDE ADDITIONAL VILLAGE EMPLOYEES AN RHS ACCOUNT PLAN OPTION GOPAL G. LALMALANI, Village President CHARLOTTE K. PRUSS, Village Clerk LAURENCE HERMAN MICHAEL MANZO JAMES NAGLE A. SURESH REDDY EDWARD TIESENGA ASIF YUSUF Village Board Published in pamphlet form by authority of the President and the Board of Trustees of the Village of Oak Brook on this the 12th day of April, 2022 Resolution 2022-ICMA-CNTRCT-RHS-AMND-R-2010 Authorizing Amendment to Contract With ICMA re: RHS Account Plan Option Page 2 of 3 RESOLUTION 2022-ICMA-CNTRCT-RHS-AMND-R-2010 A RESOLUTION APPROVING AND AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE VILLAGE AND ICMA-RC TO PROVIDE ADDITIONAL VILLAGE EMPLOYEES AN RHS ACCOUNT PLAN OPTION WHEREAS, in 2012, the Village entered a contract with ICMA-RC ("Contract's to provide the Village's defined employee groups with a retiree health savings(RHS)account plan option allowing certain employees to defer a percentage of their salaries to be used towards health expenses that may be incurred during retirement("Plan Option'; and WHEREAS, a group of Village employees has requested that the Village amend its Contract with ICMA-RC to remove the Police Command Staff ("Command Staff') group of employees from the Plan Option ("Amendment's; and WHEREAS, the Amendment will have a financial impact on the Village due to the Medicare cost caused by the change in the Plan Option. The Village will have to pay their portion of Medicare taxes on the accruals paid out to the Command Staff; and WHEREAS, the President and Board of Trustees have determined that it is in the best interest of the Village to approve the Amendment; NOW THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE, 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: Approval of Amendment. The President and Board of Trustees hereby approve the Amendment in substantially the same form as attached as Exhibit A and in a final form approved by the Village Attorney. Provided that as to this group of added employees, the Village may, at its discretion, terminate their participation in this program and so amend the Contract at any time. Section 3: Authorization and Execution of Amendment. The Village Manager is authorized to execute the Amendment upon final approval by the Village Attorney. Section 4: Effective Date. This Resolution shall be in full force and effect upon passage and approval in the manner provided by law. [SIGNATURE PAGE FOLLOWS] 2 Resolution 2022-ICMA-CNTRCT-RHS-AMND-R-2010 Authorizing Amendment to Contract With ICMA re:RHS Account Plan Option Page 3 of 3 APPROVED THIS 12th day of April, 2022 Gopal G. La malani Village President PASSED THIS 12th day of April, 2022 Ayes: Trustees Herman, Manzo, Nagle, Reddy, Tiesenga,Yusuf Nays: None Absent. None ATTEST: twt� 04,(r K. Pruss \ p Village Clerk G 4 CIO f 3 Resolution 2022-ICMA-CNTRCT-RHS-AMND-R-2010 Authorizing Amendment to Contract With ICMA re: RHS Account Plan Option Page 4 of 3 EXHIBIT A AMENDMENT 4