HomeMy Public PortalAboutResolution 1220DEC-21-98 t10N 14 ~ 38
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Suggested resolution to include compensation paid under
an Internal Rev®nu® Code Section 1Z5 Plan as iMRF ®arninga
IMRF Farm 6 72 (Rev 6/'96
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PLEASE LITER Employer IMRF l.D, Number
aaa~
aEsoi_urioN
Numleer__ 1 ~ B~ D ,~-
wHI=RSAs, standard member earnings reportable to the Illinois Municipal Retiremen# Fund da not include
comptnsa#ion paid under an Internal Revenue Code sedion / ZS plan or compensatipn directed into a premium conversion
plan or flexible spending account; and
WH1?REAS, an IMRF pgrticipating unit of government may sled to include in IMRF 4amings compensation paid under
an 1.R.C. section 125 plan cr camp®nsa#ion dlreded into a promium conversion plan w ftexibio spending account by action of
the governing body; and
WHEREE-S, the BOARD OF TRUSTEES of the
t3pARD, COt1NCIL, eta, r
VILLAGE OF PLAINFZELD
is authorized to include
EMPLOYER NAME
section 9z5 plan and promium conversion and flexible spending account compensation as earnings reportable to IMRF and it
is desirable that it da so.
NOW THEREFORE BE R RL$OL.VEb that the of the
90ARD, GQUNCtL, see,
VILLAGE GF PI,AINFIELD
does hereby elect to
EMPLOYgR NAME
include as earnings reportable to IMRF compensation paid under ®n I_R_C, section f 2S plan andlor compensation dirocted
into a premitam conversion plan or flexible sp®nding account effective ebruar 1 a 9 9 9
CI`FHCTIVE DATE
RS IT FURTHER RESOLVED that the Village Clerk ,,,_,~ is authorized and direct®d
Gtf.RK pR ~t:CRETARYCP THE BCARD
to file $ duly certtftad copy of this reaolution with the Ilfrnois Munidpal R®tirement Fund.
CERTIFICATION
I, Susan Janik the Village Clerk
NAME CLERK OR SECRETARY
of the V i 1.,1~ Jg.. a ~ p 1~„~~ e 1~,-a ~,_.~,., __.,~ of the County of W i 11
sM~LOreR NAIWE CouIVTY '
State of 111ineis, do hereby certify that l am keeper of its books and rewrds and that the foregoing is a #rue and tarred copy of
a resalu#ion duly adopted by its ~ at a meeting duly convened
6QVEI~MN6 BODY
and hid on the _ _ st .,._._:~, day of Februar 19 9 9
S~r4l
Illinois Munjclpsl Retirement Fund
Suite 5i)a, 2219 York Road, Qak Brock Illinois 6Q529.2374
IMRF ForTn 6,72 {Rev. 6/D6) St;rrvice Re~esenta[lves $QO/A$K-IMRF
CLERK OR
634358.9 D9 0
pP THE BpARD