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File #: 13-1101    Version: 1
Type: Resolution Status: Adopted
File created: 9/18/2013 In control: Miscellaneous & New Business
On agenda: 10/3/2013 Final action: 10/3/2013
Title: RESOLUTION sponsored by the Board of Commissioners recognizing National Save for Retirement Week
RESOLUTION FOR BOARD MEETING OF OCTOBER 3, 2013
 
Title
RESOLUTION sponsored by the Board of Commissioners recognizing National Save for Retirement Week
Body
WHEREAS, the first National Save for Retirement Week was established in 2006 in the United States Senate; and
 
WHEREAS, recognized every third week of October, National Save for Retirement Week encourages employees to be more mindful of their savings for retirement; and
 
WHEREAS, this year, National Save for Retirement Week will take place October 20th through October 26th; and
 
WHEREAS, as people are living longer and the cost of retirement continues to rise in the United States, the need for greater savings grows; and
WHEREAS, saving for retirement is a key component of overall financial health and security during retirement years, and the importance of financial literacy in planning for retirement must be advocated; and  
WHEREAS, the Metropolitan Water Reclamation District has always been an advocate for the importance of saving for retirement and offers many programs to support that position, including a pension plan, a tax-qualified deferred compensation plan, and an employees' credit union; and
 
NOW, THEREFORE, BE IT RESOLVED, that we, the Board of Commissioners of the Metropolitan Water Reclamation District of Greater Chicago, on behalf of ourselves and staff, do hereby recognize October 20th through October 26th, 2013 as National Save for Retirement Week and urge our fellow citizens to take note of and participate in the special activities arranged in observance of this event; and
BE IT FURTHER RESOLVED, that this Resolution be spread upon the permanent Record of Proceedings of the Board of Commissioners of the Metropolitan Water Reclamation District of Greater Chicago.
Dated: October 3, 2013
Approved: KATHLEEN THERESE MEANY, President; BARBARA J. MCGOWAN, Vice-President; MARIYANA T. SPYROPOULOS, Chairman, Committee on Finance; MICHAEL A. ALVAREZ; FRANK AVILA; CYNTHIA M. SANTOS; DEBRA SHORE; KARI K. STEELE; PATRICK D. THOMPSON, Commissioners of the Metropolitan Water Reclamation District of Greater Chicago
Approved as to Form and Legality:  Ronald M. Hill, General Counsel