North Cook News

Village of Palatine Police Pension Board met May 13

Here is the agenda provided by the board:

I. CALL TO ORDER

II. REIVEW OF MINUTES

1. Palatine Police Pension Board - Regular Meeting - February 11, 2025

III. PUBLIC COMMENT

IV. ORDERS OF PAYMENTS

1. Payment to Lauterbach & Amen for $400.00 for benefit calculation (C. Boone)

2. Payment to Puchalski Goodloe LLC for legal $1,175.00

V. NEW BUSINESS

1. Review/approve financial audit

2. Review/approve fiscal year end IDOI annual statement

3. Review/approve actuarial valuation and recommend Village contribution

4. Review/approve fiscal year end section 3-143 municipal compliance report

5. Update regarding potential new disability claim

VI. LEGAL UPDATE

VII. REVIEW OF CLOSED SESSION MINUTES

VIII.MEMBER RELATED ISSUES

1. Motion to ratify the election of Retiree Sam Maki to a two year term ending in May of 2027

32 Votes received for Maki

2. Motion to approve pension contribution refund to former Palatine Officer Shoaib Ghalib $26,465.33

3. Motion to approve Officer Trvon Tines to the Palatine Police Pension (Tier 2)

Hire date of : 03/17/2025

4. Motion to approve Officer Meng Fu to the Palatine Police Pension (Tier 2)

Date of Hire: 04/23/2025

5. Motion to approve Officer Thomas R. Shaw to the Palatine Police Pension (Tier 2)

Date of hire: 04/23/2025

6. Motion to approve Officer Chandler B. White to the Palatine Police Pension (Tier 2)

Date of hire: 04/23/2025

7. Motion to approve Officer Georgi G. Kyosev to the Palatine Police Pesnion (Tier 2)

Date of hire: 04/23/2025

IX. OLD BUSINESS

X. ADJOURNMENT

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