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Board to consider transfer calculation for Alex Jordans' service credit to IMRF
Summary
The board discussed a request from Alex Jordans for a calculation to transfer creditable service from Article 3 to IMRF and agreed to address the matter at the next regular meeting.
The Ottawa Police Pension Fund Board discussed a request from Alex Jordans seeking a calculation to transfer creditable service from Article 3 to the Illinois Municipal Retirement Fund (IMRF). Trustees asked staff to prepare the required calculation and deferred further discussion to the next regular meeting.
No vote or action occurred at the April 7 meeting; the item was placed on the agenda for continued consideration. The minutes do not specify the amount of service being transferred or any actuarial impact; those details were requested for the next meeting.
