Common use of Illinois Municipal Retirement Fund Clause in Contracts

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. During the term of this Agreement, the City agrees to continue the election of a minimum one- thousand (1,000) hours per year standard for participation in the IMRF so long as that option remains available under the IMRF program.

Appears in 2 contracts

Samples: Articles of Agreement, Agreement

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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. During the term of this Agreement, the City agrees to continue the election of a minimum one- one thousand (1,000) hours per year standard for participation in the IMRF so long as that option remains remain s available under the IMRF program. Where possible, the employees shall have the right to buy back their IMRF service time from their previous employment with the City.

Appears in 1 contract

Samples: Articles of Agreement

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. During the term of this Agreement, the City agrees to continue the election of a minimum one- one-thousand (1,000) hours per year standard for participation in the IMRF so long as that option remains available under the IMRF program.

Appears in 1 contract

Samples: Articles of Agreement

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Illinois Municipal Retirement Fund. During the term of this Agreement, qualifying the Employer shall continue in effect, and the employees covered by this Agreementshall enjoy the benefits, shall participate in rights, and obligations of the Illinois Municipal Retirement Fund (IMRF) provided in accordance with and subject to the provisions within the Illinois Pension Code governing Code, Illinois Complied Statutes, Chapter 40 as amended or superseded. All eligible employees shall be covered by the IMRF, IMRF and the applicable rules Employer and regulations related thereto. During the term of employee shall make required pension contributions to this Agreement, the City agrees to continue the election of a minimum one- thousand (1,000) hours per year standard for participation in the IMRF so long as that option remains available under the IMRF programfund.

Appears in 1 contract

Samples: macoupincode.com

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