HomeMy WebLinkAboutPOLICE PENSION - 09/10/1981 - Police Pension Minutes f
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BOARD OF TRUSTEES
POLICE PENSION FUND"
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"nutes of the regulary scheduled meeting held 10 September 81
r I July 1981, held at the Trust0ses conference room
901 Wellington, �
Grove Village, I11.
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`h Kenneth E. Krzywicki
r; Secretary
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resident Fagerson opened the meeting and a roll call of officers
1aewed all to be present.
-4-Vion by Trustee Scharpenter to waive the reading of the last
minutes and acceptas submitted. Second by Trustee Diener and
-arried unanimously,
�e Treasurers report was submitted and is attached and part of
:T.ese minutes. Trustee Coney 'reported on behalf of the Fund to
e trustees that the levy for the Police Pension Fund be no
:ess than that amount recommended by the Department of Insurance.
'otion to accept the treasurers report by Trustee Diemer, second
:y Trustee Scharpenter and carried unanimously.
?resident, Fagerson then reported to the Board the results of the
=--ting with E.F. HtLtton, Grace Capital, Inc. After a lengthy
discussion relative to this meeting, any decision to gm with
:.pis program has been tabled until the October meeting.
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' -astee Krzywicki reported that his meeting with the Fire & Police
'emmission relative to a new and more stringent physical and
Rental entrance requirement was as follows. The Commission feels
-hat they presently are meeting all required legal .aspects of
3. entrance for new police officers. They are open to updating the
r, Axams with sufficient and paper documentation showing that the
"e for updating is justified. On behalf of the Board, Trustee
^zywicki relayed to the Commission that we do accept that they
presently doing all that is required, and we do, accept,
.here results as valid. Nothing further in this area.
'saving n0 further business a motion to adjourn was rade ;by
'^'astee Scharpenter and Second by Trustee Diemer. Motion
tarried unanimously.
n 20 April 81 an election to fill the two o po on tki
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30ard was held. Krzywicki & Scharpenter re- ectop
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neth- E. z eki
Secretary
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