Tim Millar, Council Member - District 1 | Village of Palatine
Tim Millar, Council Member - District 1 | Village of Palatine
Village of Palatine Police Pension Board met Nov. 12
Here is the agenda provided by the board:
I. CALL TO ORDER
II. REIVEW OF MINUTES
Motion to approve minutes of August 13, 2024 regular meeting
1. Motion to approve minutes from August 13, 2024 regular meeting
2. Motion to approve minutes from May 14, 2024 regular meeting
III. PUBLIC COMMENT
IV. ORDERS OF PAYMENTS
1. Motion to approve legal invoice to Puchalski Goodloe LLC-$1,075.00
2. Motion to approve IPPFA 2025 Membership Dues-$825.00
V. NEW BUSINESS
1. Motion to approve 2025 monthly meeting dates
02/11/2025
05/13/2025
08/12/2025
11/11/2025
2. Review State Street monthly report and Versus Advisors quarterly report
3. Discussion and action if necessary on cash managment guidelines
4. Review village financial report
5. Motion to approve 2024 retiree cost of living raises
VI. LEGAL UPDATE
1. Attorney Jeff Goodloe
VII. REVIEW OF CLOSED SESSION MINUTES
VIII.MEMBER RELATED ISSUES
1. Motion to approve the retirement of Officer Micahel Tulley as of 07/18/2024
Hire Date-06/17/1996
Retired-07/18/2024
Effective Date of benefit-11/27/2024
Creditable service-28 Years, 1 Month, 2 Days
Monthly benefit-$7,163.92
2. Motion to approve the retirement of Officer Tamara Gulisano-Canada as of 01/08/2025
Hire Date-09/07/1999
Retired-01/08/2025
Effective Date of benefit-03/15/2027
Creditable service-25 Years, 4 Months, 2 days
Monthly benefit-$6,576.85
3. Motion to approve the retirement of Officer Michael Myserson as of 04/06/2025
Hire Date-04/05/1998
Retired-4/05/2025
Effective Date of benefit-04/06/2025
Creditable service-27 Years(s) 0 Month(s) 1 Day(s)
Monthly benefit-$7,091.75
4. Motion to approve refund of contributions to former Officer Wayne King
King is applying to cash out his pension contributions totaling $57,896.89 All documents relating to the refund will be placed in his file.
5. Motion to approve admission of new Officer Leticia Ortiz as Tier 2 member, 08/26/24
6. Motion to approve admission of new Officer Jessica Arias as Tier 2 member, 08/26/24
7. Motion to approve admission of new Officer Alexander Minow as Tier 2 member, 08/26/24
IX. OLD BUSINESS
X. ADJOURNMENT
https://palatinevillageil.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=3224&Inline=True
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