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R-03-06RESOLUTION NO. R— 0 3 — 0 6 TO INCLUDE COMPENSATION DIRECTED INTO A RETIREMENT HEALTH SAVINGS PLAN AS IMRF EARNINGS WHEREAS, standard member earnings reportable to the Illinois Municipal Retirement Fund may not include certain forms of compensation directed into a Retirement Health Savings Plan; and WHEREAS, the governing body of an IMRF participating unit of government may elect t include in IMRF earnings all compensation directed into a Retirement Health Savings Plan; and WHEREAS, the Village of Deerfield established a retirement health care plan on May 1, 2000; and WHEREAS, Board of Trustees of the Village of Deerfield is authorized to include compensation directed into a Retirement Health Savings Plan as earnings reportable to IMRF and it is desirable that it do so. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, in the exercise of its home rule powers, that the Village of Deerfield does hereby elect to include earnings reportable to IMRF compensation directed into a Retirement Health Savings Plan effective May 1, 2000. BE IT FURTHER RESOLVED, that the Village Clerk is authorized and directed to file a duly certified copy of this resolution with the Illinois Municipal Retirement Fund. ADOPTED this 19th day of May , 2003. AYES: Benton,.Kayne, Seiden, Swanson, Wylie 15) NAYS: None (0 ) ABSENT: Rosenthal (1) ABSTAIN: None (0 ) APPROVED this 19th day of May , 2003. Village President ATTEST: