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HomeMy WebLinkAboutPOLICE PENSION - 07/14/2015 - POLICE PENSION MINUTES Elk Grove Village Police Pension Board July 14`t', 2015 Meeting Minutes 901 Wellington Ave, Elk Grove Village IL Ofc. Thomas Danahy retired on 6/29/2015. He served 28 years 2 month and 22 days of creditable service. His annual salary was $92,382, with an initial annual benefit of$64,668.80. His monthly benefit is $5,389.07. A motion to accept Ofc. Danahy's application for pension disbursement was made by Parrin, Second by Torres. Aye to approve: Moody, Parrin, Gottwald and Torres. Motion carried. The board received notice of the resignation of two probationary officers. Ofc. Eric Moore resigned on 5/21/2015. Ofc. David Irving resigned on 6/26/2015. Neither Officer has submitted to the Board an application for the refund of contributions. The following expenses were presented: A bill dated 7/1/15 in the amount of$11,250 was received from Marquette Associates for investment consulting services for the period of July 1, 2015 through September 30, 2015. A bill dated 6/30/2015 in the amount of$1.440 was received from INSPE Associated for the services of Dr. Edward Tuder, MD, for the medical examination of Ofc. Sabo. A bill dated 6/9/2015 in the amount of$316.1 1 was received from Reimer, Dobrovolny and Karlson LLC for legal services. A motion to pay expenses was made by Gottwald. Second by Partin. Aye to approve: Moody, Parrin, Gottwald and Torres. Motion carried. There was no comment fi-om the public. A motion to adjourn was made at 4:10 PM by Parrin, Second by Tones. Aye to approve: Moody, Parrin, Gottwald and Torres. Motion carried. Meeting adjourned. Christopher Torres Secretary, Elk Grove Village Police Pension Board 2