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HomeMy WebLinkAboutRes 07-22 02/13/2022 Amending missionsquare retirement health savings (RHS) plan number 800377RESOLUTION NO. 7-22 A RESOLUTION AMENDING MISSIONSQUARE RETIREMENT HEALTH SAVINGS (RHS) PLAN NUMBER 800377 WHEREAS, the Village of Mount Prospect has employees rendering valuable services; and WHEREAS, the amendment of its existing retiree health savings plan for such employees serves the interests of the Village of Mount Prospect and employees; and WHEREAS, the MissionSquare RHS Plan Number 800377 contains a mandatory contribution of sick time upon retirement. NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, ACTING PURSUANT TO ITS HOME RULE POWERS: SECTION ONE: The Village of Mount Prospect hereby amends MissionSquare RHS Plan Number 800377 and pursuant to the Village Manager's 2022 Employment Agreement the Village Manager is no longer eligible for the mandatory contribution of sick time upon retirement. SECTION TWO: The amendment to MissionSquare RHS Plan Number 800377 if effective January 1, 2022. SECTION THREE: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Filippone, Gens, Matuszak, Pissarreck, Rogers, Saccotelli NAYS: None ABSENT: None PASSED AND APPROVED this 151t lay of February, 2022. r ATTEST: Karen Agoranos, Village Clerk