Illinois Municipal Retirement Fund Sample Clauses

Illinois Municipal Retirement Fund. In addition to the annual salary stated in paragraph A.1 of this Contract, the Board shall pay the Executive Director’s full-required contribution up to the amount required as of the date of the execution of this Contract to the Illinois Municipal Retirement Fund (“IMRF”). The Executive Director shall not have any right or claim to said amounts contributed by the Board on his behalf, except as they may become available at the time of retirement or resignation from IMRF. Both Parties acknowledge that the Executive Director did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the IMRF, and further acknowledge that such contributions are made as a condition of employment to secure the Executive Director’s future services, knowledge and experience.

Illinois Municipal Retirement Fund. During the term of this Agreement, qualifying employees covered by this Agreement, shall participate in the Illinois Municipal Retirement Fund (IMRF) in accordance with and subject to the provisions within the Illinois Pension Code governing the IMRF, and the applicable rules and regulations related thereto.

Illinois Municipal Retirement Fund. From the annual salary stated in paragraph A.1 of this contract, the Board shall deduct and pay on behalf of the Administrator to the Illinois Municipal Retirement Fund (“IMRF”) the Administrator’s required contributions to the pension system on all reportable earnings. The Administrator shall not have any right or claim to these amounts, except as they may become available at the time of retirement or resignation from IMRF. Both parties acknowledge that the Administrator did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to IMRF, and further acknowledge that such contributions are made as a condition of employment to secure the Administrator's future services, knowledge and experience.

Illinois Municipal Retirement Fund. The annual salary stated in paragraph A.1 of this Contract includes the payment by the Board on behalf of the Chief of his required contributions to the Illinois Municipal Retirement Fund (“IMRF”). As such, contributions for IMRF will be salary-reduced from the salary set forth in paragraph A.1 and contributed by the Board to IMRF on behalf of the Chief. The Chief shall not have any right or claim to said amounts contributed by the Board on his behalf, except as they may become available at the time of retirement or resignation from the IMRF. Both Parties acknowledge that the Chief did not have the option of choosing to receive the contributed amounts directly, instead of having such contribu- tions paid by the Board to the IMRF, and further acknowledge that such contributions are made as a condition of employment to secure the Chief’s future services, knowledge and experience.

Illinois Municipal Retirement Fund. In addition to the annual salary stated in paragraph A.1 of this Contract, the Board shall pay on behalf of the Chief Officer to the Illinois Municipal Retirement Fund (“IMRF”) the Chief Officer’s required contributions to said pension system. The Chief Officer shall not have any right or claim to said amounts, except as they may become available at the time of retirement or resignation from the pension system. Both Parties acknowledge that the Chief Officer did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the IMRF, and further acknowledge that such contributions are made as a condition of employment to secure the Chief Officer’s future services, knowledge and experience.

Illinois Municipal Retirement Fund. The employee’s contribution to the Illinois Municipal Retirement Fund (IMRF) shall be deducted from the employee’s salary.

Illinois Municipal Retirement Fund. All cafeteria employees employed more than six hundred (600) hours are eligible to participate in the Illinois Municipal Retirement Fund with deductions made according to earnings and established percentage by the Illinois Municipal Retirement Fund and the percentage the BOARD is required to contribute to the Illinois Municipal Retirement Fund. If an employee retires between age 62 and 65, the BOARD will pay the premium for health, hospitalization and major medical insurance for the employee until the employee is eligible for Medicare or age qualified for Medicare or elects alternative insurance coverage in accordance with Article XIV of this AGREEMENT.

Illinois Municipal Retirement Fund. Each member of the Sheriff’s Office shall receive such coverage as mandated by Article 7 of the Illinois Pension Code. See, 40 ILCS 7/1-101, et seq. Bargaining unit members, when applicable, must be enrolled in the SLEP Pension Plan. Those bargaining unit members who do not meet these criteria are prohibited from inclusion. Part-time auxiliary or special deputies are not eligible to participate in the fund.

Illinois Municipal Retirement Fund. The para council member’s contribution to the Illinois Municipal Retirement Fund (IMRF) shall be deducted from the para council member’s pay.