Board approves Resolution 2026-01 to include IRC Section 125 compensation as IMRF earnings
On a unanimous voice vote, the Village Board adopted Resolution 2026-01 to treat compensation paid under an IRC Section 125 plan as IMRF‑reportable earnings. The measure passed with Trustee Ziegler absent.
The full story
President Block asked for approval of Resolution 2026‑01 to include compensation paid under an IRC Section 125 plan as IMRF earnings. Trustee Fruit moved adoption; the measure passed on a voice vote with all present trustees voting in favor and Trustee Ziegler absent.
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