Board Resolution 2018-02-10(a)-2

Meeting room

Topic: Plan Administration
Subtopic: Institutional Representatives
Date: 2/23/2018
Status: Active

WHEREAS, Section 7-217 of the Illinois Pension Code allows the Fund to make benefit payments to representative payees for incapacitated annuitants; and

WHEREAS, the Board of Trustees has the power and duty to determine who shall qualify as a representative payee and has heretofore designated certain relatives of the annuitant as qualified to act as representative payees; and

WHEREAS, it has become apparent that many annuitants reside in nursing homes and hospitals, and, in some cases, the most convenient method of payment of benefits would be directly to the nursing home or hospital;

RESOLVED that the director or other official of a nursing home or hospital may be accepted as a representative payee for an annuitant residing in the nursing home or hospital, on the fulfillment of the following conditions:

  1. An application is received from the director or official in which s/he agrees to apply all funds received from the Fund solely to the care of the annuitant.
  2. The director or other official shall certify the monthly rate charged to the annuitant.
  3. The director or other official of the nursing home or hospital shall agree to notify the Fund of: 1. the death of the annuitant, 2. the departure of the annuitant from the nursing home or hospital, or 3. any change in director or other official acting as representative payee.
  4. The Fund, through a private investigating agency and as necessary, may determine that the annuitant is, in fact, a resident of a nursing home or hospital, and the general nature of and the care given by the nursing home or hospital, and the monthly charges assessed the annuitant.
  5. Direct deposit of benefit payments will not be available to nursing home or hospital representative payees.