Board Resolution 2006-06-07(b)

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, 7-186, 7-189, and 7-190 of the Pension Code, the Board of Trustees is the governing body of IMRF and is empowered to employ a staff to administer IMRF; and

WHEREAS, sections 7-186 of the Pension Code provides that the Board of Trustees will appoint an Executive Director to “ manage the office and carry out the technical administrative duties of the fund;” and

WHEREAS, it is appropriate that the Board of Trustees adopt personnel policies governing the employment of the IMRF staff; and

WHEREAS, over many years the Board of Trustees has adopted various personnel policies; and

WHEREAS, it is appropriate that the Board of Trustees authorize the Executive Director to make appropriate changes to these personnel policies.

NOW THEREFORE BE IT RESOLVED that the Board of Trustees of the Illinois Municipal Retirement Fund does hereby grant to its Executive Director the power to amend the personnel policies for IMRF staff, except in the following areas:

• Total hours of work;
• Non-cash benefits

BE IT FURTHER RESOLVED that the Executive Director shall report changes he makes to the personnel policies to the Board of Trustees.