Communication from the City Manager and Finance Director with a Request to APPROVE an INTRA-CITY LOAN, from the City’s Other Post Employment Benefit Fund, to Pay the Remaining Illinois Municipal Retirement Fund (IMRF) EARLY RETIREMENT INCENTIVE, to be Repaid to the City’s Other Post Employment Benefit Fund Over Ten (10) Years, at an Interest Rate of Three Percent (3.00%), with the Final Payment to be Made January 1, 2032.

Committee

City Council

Introduced

November 30, 2021

On agenda

December 14, 2021

Passed

December 14, 2021