HomeMy WebLinkAboutPOLICE PENSION - 10/18/2005 - 81
OCT 2 5 2005
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Minutes of the Elk Grove Village
Police Pension Board meeting, held
on October 18, 2005 at 901 Wellington,
Elk Grove Village, IL.
Myles Greenberg,
Secretary
282
The meeting was called to order by President Ambrose at 3:35 p.m. . Present were Greenberg,
Krzywicki, Garr, Tromp, and Mary Tomanek of Smith Barney. Absent was Gaspari.
The minutes of the last meeting, July 12, 2005 were read. Motion made by Garr,
seconded by Krzywicki, to approve the minutes. Unanimous. 00
Tromp presented the Treasurer's Report which included balance sheet dat d A at 2005
and disbursement register. Motion made by Garr, seconded by Krzywicki lit,? ap�n�ve
Treasurer's Report. Unanimous. GFS F%
Old Business
Mary Tomanek presented an undated report on the status of the Fund's investment,
Tromp indicated she provided Dennis Raucci information he requested for his possible use of
portability. He has not yet recontacted her regarding his decision on this.
Krzywicki indicated he met with Police and Fire Commissioner Shapiro, and the Commission
will now obtain a waiver from any newly hired officer so the Commission can receive a full
medical report from the pre-employment screening. Board attorney Reimer also wrote to the
Board that the Board should also request the newly hired officers sign a waiver in order to
receive this report.
Ambrose indicated he and Krzywicki would attempt a conference call with Board attorney
Reimer regarding wether Schumert should be seen by the same physician as last year for
an update on his disability status, or if further medical inquiry about his condition
would be conducted.
New Business
The Board received the medical report from Dr. Ronald Baron regarding the annual evaluation ,
of disabled member Celia. Dr. Baron indicated Celia continues to remain disabled.
The Board received the following bill:
$1 ,000.00 for Dr. Baron re: Celia medical evaluation
Motion made by Garr, seconded by Krzywicki, to pay this bill. Unanimous.
Greenberg presented the Board with information on recent law changes allowing a transfer of
service credit to or from the Illinois Municipal Retirement Fund and the Downstate Police
Pension Fund. Motion made by Garr, seconded by Krzywicki, that any person seeking the cost
of such a transfer through the Board shall pay the current actuarial fee at that time, by the
actuary designated by the Board. Unanimous.
The Board received a letter of resignation and request for a refund of contributions from
Officer Steven Dickson. The distribution was as follows:
Date hired: July 05, 2004
Date resigned: September 16, 2005
Refund amount: $5,483.06
Date paid: September 30, 2005
Motion made by Garr, seconded by Krzywicki to approve this refund. Unanimous.
The Board received a request for a refund of contributions from former Officer Anne Kapolnek.
The distribution was as follows:
Date hired: September 25, 2000
Date resigned: May 11, 2001
Refund. amount: $2344.46 '
Date paid: October 31, 2005
Motion made by Garr, seconded by Krzywicki to approve this refund. Unanimous.
Ambrose announced the next Board meeting will be held January 17, 2006, at 3:30 p.m.
at 901 Wellington, Elk Grove Village, IL. 4-W .
Motion to adjourn the meeting by Garr, seconded by Krzywicki. Unanimous. Myles Greenberg,
Secretary