Appearing today on the agenda of the Human Resources Committee is a resolution to take McHenry County Board members out of the Illinois Municipal Retirement Fund.
State Rep. Jack Franks, in his run-up to a candidacy to take over the County Board Chairmanship, convinced the IMRF to make an example of McHenry County Board members by asking them to show when they had worked the required 1,000 hours (basically half of a regular 2020 hour work year) to earn their pensions.
The agenda says the following:
Board / Committee Action Requested: Amending Resolution R-9802-12-29 to remove County Board Members from participating in the Illinois Municipal Retirement Fund (IMRF) effective 12/01/16.
Background and Discussion: On February 17, 1998 the County Board of McHenry County, Illinois approved Resolution R-9802-12-29 allowing all elected officials (including County Board Members) to participate in IMRF, if they met the 1,000 hours or more per year in required performance of duty. As pension reform has moved forward and the documenting of the required time has become more challenging, the County Board has made the decision to eliminate current and future County Board members from participating in the IMRF pension program effective December 1, 2016.
Impact on Budget (Revenue; Expenses, Fringe Benefits): Future budgets will be reduced by the County’s share of contributions for participating County Board Members.
The most relevant parts of the accompanying resolution follow:
WHEREAS, the current sitting County Board has decided to eliminate current and future board members from participating in IMRF due to the challenges of accounting for all hours spent on addressing County business, both on and off the Government Center campus effective December 1, 2016.
NOW, THEREFORE BE IT RESOLVED, by this County Board of McHenry County, Illinois that Resolution R-9802-12-29 is hereby amended to remove McHenry County Board Members from the list of elected officials eligible to participate in IMRF effective December 1, 2016;
The meeting is at 8:15 on June 2nd.