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Wednesday, April 24, 2024

Auburn Public Library Board Benefits Committee met March 6.

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Auburn Public Library Board Benefits Committee met March 6.

Here is the minutes provided by the Committee:

Present:

Diana Coffman, President

Jeff Davis, V. President

Dave Hallerberg, Treasurer

Amy Steele

Staff:

Calla Patton

Guest:

Hope Bright

Meeting called to order at 4:00 PM.

New Business:

 Dave Hallerberg presented data showing how much we and Calla are currently paying into IMRF.

 Questions were asked regarding Calla’s time frame for being vested and what this actually means.

 After discussion, consensus was to discontinue IMRF as soon as possible. This will be discussed at the next board meeting on March 20 and possibly voted on.

 There was also consensus that we need to “replace” this benefit with something else to our full-time employees.

 Alternatives discussed included: a raise equitable to how much we’ve been paying into IMRF, Health & Dental insurance, and investments such as an IRA.

 Calla was asked to check on her personal date of being vested (which is not imminent) as well as to ask other libraries, especially small ones, what they have for benefits. (Her findings showed that other libraries’ primary benefit is IMRF.)

 With the information that was gathered and after discussion, it was decided that we would recommend giving our full-time employees a raise equitable to what we’ve been paying IMRF. This will be discussed at the next board meeting on March 20 and possibly voted on.

 It was decided that this Benefits Committee should meet yearly to review the current benefits and adjust as needed, especially as there are so many possible changes occurring in the next few years. This may also include changing our minds on IMRF later. Calla will put this meeting on the yearly Board calendar.

Motion was made to adjourn the meeting by Amy Steele and seconded by Dave Hallerberg. Motion carried.

The meeting adjourned at 4:45 PM

https://auburnpubliclibraryil.files.wordpress.com/2018/05/benefits-committee-meeting-minutes-3-6-18.pdf

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