Board Resolution 2015-11-14-A

Meeting room

Topic: Creditable Service
Subtopic: Corrections
Date: 11/20/2015
Status: Active

WHEREAS, section 7-198 of the Illinois Pension Code authorizes the Board of Trustees of the Illinois Municipal Retirement Fund (IMRF) to establish rules necessary or desirable for the efficient administration of the Fund; and

WHEREAS, section 7-139 provides for various types of service credit to be added to a member’s IMRF account under certain conditions, upon application.

NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees that:

An employee’s record of creditable service and credit shall not be corrected or any creditable service or credit granted (other than that granted during disability or leave of absence) unless an application thereof is received by the Fund while the employee is a participant in this Fund and in active employment with a participating municipality or participating instrumentality or in active employment as a participant in a reciprocal system.