Village of Glen Carbon Police Pension Board met Oct. 23.
Here is the minutes provided by the board:
CALL TO ORDER:
ROLL CALL:
PUBLIC INPUT:
APPROVAL OF MINUTES: Regular Meeting July 2019
OLD BUSINESS:
Trustee Training
Legislative Report: Attorney Orsey
o Motion to Approve Resolution Regarding
Consolidation of Pension Funds Opposing
Consolidation
Annual Statement and Proposed Tax Levy
NEW BUSINESS:
1. Approval to Accept Gerard Spratt into the fund on Sept. 9th, 2019
2. Approval of IPPFA dues $795.00
3. Approval of Pension Increase of 3% to David Bradford to $2,653.95 in January of 2020 and Paul Cates to $5,532.81 in January of 2020
4. Approval of Attorney Payment
5. Budget Discussion and Approval
6. Quarterly Investment Report Busey Bank and Discussion of Transition from Bank of Edwardsville
a. Motion to Approve Report
7. Selection of 2020 meeting dates
8. Other Business
Next Meeting Date
Adjourn
http://www.glen-carbon.il.us/ArchiveCenter/ViewFile/Item/4491