G14-77 Ordinance No. G14-77
eft AN ORDINANCE
ESTABLISHING THE COMPENSATION FOR ROBERT L. BAIRD, POLICE CHIEF
WHEREAS, when initially hired the Chief of Police did participate
in both the Illinois Municipal Retirement Fund and Social Security
system; and
WHEREAS, by a recent ruling of the Social Security Administration,
Police and Fire Chiefs in Illinois participating in the I.M.R.F. are
excluded from participation in Social Security; and
WHEREAS, it is the desire of the City of Elgin to maintain a
similar level of retirement benefits as enjoyed by other department
heads participating in the I.M.R.F.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ELGIN, ILLINOIS:
Section 1. Compensation for Robert L. Baird, Chief of Police, City
of Elgin:
A. That effective January 2, 1977 compensation paid to the
Chief of Police shall consist of the salary authorized
by the Official Salary Plan adopted by the City Council
plus 5.85 percent of earnings base subject to the Social
eft Security tax which was the former employer contribution
by the City of Elgin.
B. That said 5.85 percent of the Social Security earnings
base representing the former employer contributions
shall be sent to the I.C.M.A. Retirement Corporation
for the account of Robert L. Baird.
C. That said contribution to the I.C.M.A. Retirement
Corporation shall remain in effect while Robert L.
Baird is Chief of Police of the City of Elgin; while
he also contributes the former employee Social Security
tax contribution to the I.C.M.A. Retirement Corporation,
or until eligibility in Social Security is re-established.
D. That the Finance Director be directed to provide for the
implementation of said retirement fund contributions.
Section 2. That all ordinances or parts of ordinances in conflict
with the provisions of this ordinance are hereby repealed.
Section 3. That this ordinance shall be in full force and effect from
and after its passage in the manner provided by law.
elow- s/ Richard L Verbic
Richard L. Verbic, Mayor
Presented: March 23, 1977
Passed: March 23 , 1977
Vote: Yeas 7 Nays 0
Recorded:
Published:
Attest:
s/ Marie Yearman
Marie Yearman, City Clerk