| Topic: | IMRF Staff |
| Subtopic: | Unemployment Compensation |
| Date: | 2/27/2006 |
| Status: | Active |
WHEREAS, section 7-198 of the Illinois Pension Code authorizes the Board of Trustees of the Illinois Municipal Retirement Fund to establish rules necessary or desirable for the efficient administration of the Fund; and
WHEREAS, under sections 7-121, 7-189, and 7-190 of the Pension Code, the IMRF Board of Trustees is the governing body of IMRF and the employer of the IMRF staff; and
WHEREAS, the Illinois Unemployment Insurance Act, at §1405, allows a unit of local government to finance unemployment insurance benefits for its employees by making payments of unemployment compensation in lieu of contributions to the unemployment insurance trust fund; and
WHEREAS, the Board of Trustees has determined that it is appropriate that, as a unit of local government, it make payments in lieu of contributions under §1405 of the Illinois Unemployment Insurance Act.
THEREFORE, BE IT RESOLVED that IMRF will make payments in lieu of contributions to the unemployment insurance trust fund, under §1405 of the Illinois Unemployment Insurance Act.