Board Resolution 2001-02-10

Meeting room

Topic: Insurance
Subtopic: Trustee Participation in Staff Plan
Date: 2/23/2001
Status: Active

WHEREAS, paragraph 13244 of the Board’s minutes authorized IMRF trustees and their dependents to participate in the staff’s group health insurance program; and

WHEREAS, the Board of Trustees has determined that it is in the best interests of the Illinois Municipal Retirement Fund that such participation be discontinued.

THEREFORE, BE IT RESOLVED by the Board of Trustees of the Illinois Municipal Retirement Fund that:

  1. The resolution adopted December 21, 1984 allowing trustees and their dependents to participate in the IMRF staff group health insurance program is rescinded.
  2. Any current or former trustees participating in the program will be allowed to continue participation through the end of this policy year or through the end of his/her continuation rights, whichever is longer.
  3. Staff shall contact the issuance carrier to notify it of this change.
  4. Current or former trustees participating in the staff’s group health insurance program will be notified of this change by staff and advised of their continuation rights.