HomeMy WebLinkAboutPOLICE PENSION - 10/15/2002 - 194
Minutes of the Elk Grove Village
Police Pension Board meeting held
on October 15, 2002 at 901 Wellington,
Elk Grove Village, IL.
Myles Greenberg,
Secretary
The meeting was called to order by President Ambrose at 3:40 p.m. . Present were
Greenberg, Lancaster, Sabo, H. Ingebrigtsen, and Mary Tomanek of Salomon Smith Barney.
Absent was Garr.
The minutes of the last meeting, July 09, 2002, were read. Motion made by Lancaster,
seconded by Sabo, to accept the minutes. Unanimous.
H. Ingebrigtsen presented Treasurers Report which included balance sheet dated
September 30, 2002 and disbursement register. Motion made by Sabo, seconded by
Lancaster, to accept Treasurers Report. Unanimous.
Old Business
Mary Tomanek presented an updated report on the status of the Fund's investments.
Motion made by Sabo, seconded by Lancaster, to rebalance the portfolio between
Oppenheimer and Alliance Capital in order to bring the funds within the Board's
established investment policy. Unanimous.
The Board received notice from attorney Reimer that all medical reports have been
received for disability applicant Schumert. A hearing date of November 05, 2002,
was set at 1900 hours at 901 Wellington.
The Board received notice from the Police and Fire Commission that three officers
have completed their one year probationary period, and are appointed to the permanent
position of police officer: Julian, effective July 02, 2002, Berens, effective
September 15, 2002, and Burke, effective September 15, 2002.
The Board received the medical reorts for disabled members Schaefer and Celia.
Both continue to remain disabled.
The Board received notice that survivor pensioner Helen Carroll passed away on
August 30, 2002. The pension is now ended.
The Board received the following bills:
$210.00 for June legal fees for atty Reimer re: Schumert
$208.46 for July legal fees for arty Reimer re: Schumert
$608.70 for August legal fees for atty Reimer re: Schumert and audit
$229.42 for September legal fees for atty Reimer re: Schumert
$495.00 for Midwest Ctr for Env. Med/Dr. Mosian re: Schumert evaluation
$540.00 for Omega Occ. Hlth Srvcs/Dr. Samo re: Schumert evaluation
$625.00 for Dr. Baron re: Celia evaluation
$400.00 for Dr. Malik re: Schaefer evaluation
Motion made by Lancaster, seconded by Sabo, to pay these bills. Unanimous.
Ambrose announced the next regular Board meeting will be January 14, 2002 at
3:30 p.m. at 901 Wellington.
Motion to adjourn the meting made by Sabo, seconded by Lancaster. Unanimous.
RECEIVED Myles Greenberg,
IJ� OCT 2 4 2002 Seeccretar PtA
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VILLAGE CLERK'S OFFICE
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