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RESOLUTION NO. 8-05 <br /> A RESOLUTION AUTHORIZING THE VILLAGE OF ELK GROVE VILLAGE TO <br /> INCLUDE COMPENSATION DIRECTED INTO A RETIREMENT HEALTH SAVINGS <br /> PLAN AS ILLINOIS MUNICIPAL RETIREMENT FUND (IMRF)EARNINGS <br /> WHEREAS, standard member earnings reportable to the Illinois Municipal Retirement <br /> Fund may not include certain forms of compensation directed into a Retirement Health <br /> Savings Plan; and <br /> WHEREAS,the governing body of an IMRF participating unit of government may elect <br /> to include in IMRF earnings all compensation directed into a Retirement Health Savings Plan; <br /> and <br /> WHEREAS,the Mayor and Board of Trustees of the Village of Elk Grove Village is <br /> authorized to include compensation directed into a Retirement Health Savings Plan as earnings <br /> reportable to IMRF and it is desirable that it do so. <br /> NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the <br /> Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: <br /> Section 1. That the Village of Elk Grove Village does hereby elect to include as earnings <br /> reportable to IMRF compensation directed into a Retirement Health Savings Plan effective <br /> February 8, 2005. <br /> VOTE: AYES: 6 NAYS: 0 ABSENT: 0 <br /> PASSED this 8th day of February 2005 <br /> APPROVED this 8th day of February 2005 <br /> APPROVED: <br /> Mayor Craie B. Johnson <br /> Village of Elk Grove Village <br /> ATTEST: <br /> Ann I. Walsh,Villaee Clerk <br /> ResRetirrmmfflealthff Feeminp doc <br />