1.17 Legislative Committee Charter

Meeting room

1.17 Legislative Committee Charter

The Legislative Committee Charter was adopted by the Board of Trustees of the Illinois Municipal Retirement Fund. The Committee shall review and reassess this Charter annually, and recommend any proposed changes to the Board for approval.

Purpose

The purpose of the legislative committee is to assist the Board in determining its legislative agenda and positions on legislation. Other duties may be assigned to it by the Board.

Authority

The Legislative Committee is empowered to:

Composition

The Legislative Committee will consist of at least three members of the Board of Trustees. At the January Board meeting, the President of the Board will appoint and the full Board will approve the Committee chair, vice-chair, and members for a one-year term

Meetings

The committee shall meet at least twice per year, with the authority to convene additional meetings, as circumstances require. One meeting shall be in October to determine the Board’s legislative agenda for the year. The committee shall also meet as soon as possible after new legislation is introduced affecting IMRF, but no later than the next scheduled Board meeting.

All committee members are expected to attend each meeting, in person or via tele-conference or video-conference. The committee may invite members of staff or others to attend meetings and provide pertinent information, as necessary. Meeting agendas will be prepared and provided in advance to members, along with appropriate briefing materials. Minutes will be prepared

Responsibilities

The Legislative Committee will carry out the following responsibilities: