title Resolution to Include Cash Payments Related to Health Insurance as IMRF Earnings
body
Employer IMRF I.D. Number
04750
RESOLUTION
Number
WHEREAS, standard member earnings reportable to the Illinois Municipal Retirement Fund do not include the value of health insurance or cash payments in lieu of or related to healthcare benefits; and
WHEREAS, the governing body of an IMRF participating unit of government may elect to include in IMRF earnings cash payments in lieu of or related to healthcare benefits; and
WHEREAS, the Village Board of Trustees of the
BOARD, COUNCIL, etc.
Village of Romeoville is authorized to include
EMPLOYER NAME
cash payments made separately from salary and made in lieu of or related to healthcare benefits as earnings reportable to IMRF and it is desirable that it do so.
NOW THEREFORE BE IT RESOLVED that the Village Board of Trustees of the
BOARD, COUNCIL, etc.
Village of Romeoville
EMPLOYER NAME
does hereby elect to
include as earnings reportable to IMRF cash payments made separately from salary and made in lieu of or related to
healthcare benefits effective 01/01/2026 .
EFFECTIVE DATE
BE IT FURTHER RESOLVED that Dr. Bernice Holloway is authorized and directed
CLERK OF SECRETARY OF THE BOARD
to file a duly certified copy of this resolution with the Illinois Municipal Retirement Fund.
IMRF Form 6.75 (01/2018)