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Board names authorized agent for Illinois Municipal Retirement Fund
Summary
Trustees adopted Resolution No. 260805-8 to appoint an authorized agent for IMRF as required for employer participation; the motion was moved, seconded and carried by roll call.
The mayor presented Resolution No. 260805-8 to appoint an authorized agent to act on behalf of the village for the Illinois Municipal Retirement Fund (IMRF). The mayor said the resolution is prompted by IMRF requirements that a participating employer appoint one authorized agent to administer its participation and related benefits; a trustee moved, another seconded, and the board approved the resolution by roll call.
Trustees recorded aye votes in the roll call and the mayor announced the motion carries. The resolution formalizes the village’s designated point of contact for administering IMRF responsibilities and benefits on the village’s behalf.
