HomeMy WebLinkAbout95-210 Resolution No. 95-210
4, OUT-OF-STATE CREDIT AUTHORIZATION
R IMRF Form 6.33 (Rev. 3/93)
INSTRUCTIONS AND REQUIREMENTS ON REVERSE SIDE
PLEASE PRINT OR TYPE
Member's Last Name First Middle Initial Social Security Number
Deibert LawsencP � 342-36-9284
Present Position Current Position
Water Operations Director Water Operations Director
Current Employer Name Employer Number
City of Elgin
(State SSA Number) 69.O33,i_a-4 7
Certification by Member
I certify that l was an employee of City Utilities - Fart Wjyno ,
Name of Local Government
Indiana from septPmhar icuc to February 1988
Name of State Date Date
in the position(s)of Director of Water Resources
such service having been covered under PERF - Public Employees Retirement Fund
Nam.of Public Employee Pension System
whose address isSuite 800, Harrison Bldg. , 143 W. Market St. Indianapnt i c Tu aA9nn-213a9
Street City Stet. by Code
and that I have irrevocably forfeited all service credits in said pension system and am not entitled to benefits of any type therefrom.I
understand that no service credit will be established under the Illinois Municipal Retirement Fund until I have made the required
payment to RF.
l�
7 V i (708)931-6155
Date Member's Signature Member's Daytime Telephone No.
Certification by Clerk or Secretary of Governing Body
I certify that a regular or special meeting held on 9/27/9 5 ,the City Council
Date Name of Governing Body
of the City of Elgin. Illinois authorized the granting of service credits for out-of-state service with
Nam.of Governmental Unit
the out-of-state governmental unit named herein from September 19 8 5 to Februua y 1 R 8 (not to exceed 120
l
months for the above named member).
September 28. 1995 Dolonna Mecum
Date Clerk or Secretary Signature
Illinois Municipal Retirement Fund
Suite 500, 2211 York Road,Oak Brook Illinois 60521-2374 708/368-1010
IMRF Form 6.33 (Rev.3/93) Service Representatives 80D/ASK-IMRF
! .
Eltrin
Agenda Item No .
September 5, 199.5
TO: Mayor and Members of the City Council
FROM: Richard B. Helwig, City Manager
SUBJECT: Out-Of-State Service Credit in the
Illinois Municipal Retirement Fund ( IMRF)
PURPOSE
The purpose of this memorandum is for the Mayor and members
of the City Council to consider out-of-state service credit
in IMRF for Mr. Larry Deibert.
BACKGROUND
Mr. Deibert was employed by the City of Fort Wayne, Indiana
from September, 1985 to February, 1988 and participated in
the Indiana Public Employees Retirement Fund.
IMRF permits the granting of out-of-state service credit if
both the employee and current employer agree to pay for their
respective contributions .
Similar approval has been given in the past by the City Coun-
cil to employees who were employed by other municipalities
before their employment with the City of Elgin.
FINANCIAL IMPACT
The cost to the City can not be precisely determined but it
is built into the annual contribution rate for the City.
IMRF actuarially determines the City' s contribution resulting
from the out-of-state service credit and assesses it over a
20 year period. Therefore, the City's actual dollar contribu-
tion for this out-of-state service is negligible.
•
. 4
Out-of-State Service Credit
September 5, 1995
Page 2
LEGAL IMPACT
None.
RECOMMENDATION
It is recommended that the City Council authorize Mr. Deibert
to obtain service credit for the time he worked in Indiana.
Respectfully submitted,
•
Olufemi olarin
Human,Re,ources - irector
Richard B. Helwig
City Manager
OF/vis
r
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