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R97-120 AUTHORIZING ADOPTION OF IMRF
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R97-120 AUTHORIZING ADOPTION OF IMRF
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4/18/2016 8:44:15 AM
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4/18/2016 8:44:15 AM
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Resolution/Ordinance
Res Ord Num
R97-120
Res Ord Title
AUTHORIZING ADOPTION OF IMRF (EMPLOYEE ID. #3340) EARLY RETIREMENT INCENTIVE PROGRAM
Approved Date
8/18/1997
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Section 4. The effective date of each employee's retirement under this early retirement <br /> incentive program shall be set by the City of Decatur, Illinois and shall be no earlier than the <br /> effective date of the program and no later than one year after that effective date; except that the <br /> employee may require that the retirement date set by the employer be no later than the June 30 <br /> next occurring after the effective date of the program and no earlier than the date upon which the <br /> employee qualifies for retirement. <br /> Section 5. To be eligible for the early retirement incentive under this Section, the <br /> employee must have attained age 50 and have at least 20 years of creditable service by his or her <br /> retirement date. <br /> Section 6. That the City Clerk shall promptly file a certified copy of this resolution with <br /> the Board of Trustees of the Illinois Municipal Retirement Fund. <br /> PRESENTED AND ADOPTED this 18th day of August, 1997. <br /> � <br /> i <br /> � <br /> AYOR <br /> �iTTEST: <br /> � <br /> ,�'-�r`��_ _ ,��' > , <br /> _ � � <br /> CITY CLE <br />
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