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HomeMy WebLinkAboutRESOLUTION - 48-22 - 10/11/2022 - Allow Creditable Service for Prior Military ServiceRESOLUTION NO.48-22 A RESOLUTION TO ALLOW CREDITABLE SERVICE FOR PRIOR MILITARY SERVICE WHEREAS, Article 7 of the Illinois Pension Code (40 ILCS 5/7-139) provides that the governing body of a governmental unit may elect to allow service credit in the Illinois Municipal Retirement Fund (IMRF) to members who served in the Armed Forces of the United States for all periods of such service prior to their participation in IMRF OR whose participation was interrupted by military leave but did not return to IMRF participation within 90 days of discharge; and WHEREAS, such allowance of service credit cannot be limited to a specific IMRF member and applies to all employees who were in active participating status under IMRF on the date this resolution was adopted. This resolution is not limited to a specific military operation. RESOLVED, that the Board of Trustees of the Village of Elk Grove Village elects to allow service credit to members who served in the Armed Forces of the United States up to four years of service, prior to their participation in the Illinois Municipal Retirement Fund. FURTHER RESOLVED, that the Village Clerk shall be directed to file a certified copy of this resolution with the Board of Trustees of the Illinois Municipal Retirement Fund and this resolution shall remain in full force and effect until modified or rescinded and notice of such modification or rescission has been filed with the Board of Trustees of the Illinois Municipal Retirement Fund. VOTE: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this Ilt' day of October 2022 APPROVED this 11" day of October 2022 APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Loretta M. Murphv, Village Clerk