§ 35.22 PENSION PLAN.

The Illinois Municipal Retirement Fund (IMRF) shall be the official pension plan of the city, except for members of the Police Department covered under the Police Pension Fund of the city. Eligibility shall be as prescribed by law and IMRF rules. The city shall use the IMRF "Pickup Plan" prescribed by IMRF rules. The deduction for the employee's portion of the IMRF contribution will be made from the employee's paycheck before state and federal withholding taxes are calculated.

(Ord. 1254, passed 7-19-06; Am. Ord. 1358, passed 12-3-08; Am. Ord. 1410, passed 6-2-10; Am. Ord. 1456, passed 10-19-11; Am. Ord. 1465, passed 1-18-12)

Cross-references:

Police Pension Fund, see §§ 34.55 through 34.60

Statutory reference:

For provisions concerning the Illinois Municipal Retirement Fund, see ILCS Ch. 40, Act 5, §§ 7-101 et seq.

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