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East Central Reporter

Tuesday, December 24, 2024

City of Olney Police Pension Board met December 10

Meeting808

City of Olney Police Pension Board met December 10. 

Here is the agenda as provided by the board:

1. Call to Order


2. Roll Call

3. Approve Minutes from Police Pension Board Meeting on October 24, 2019

4. Treasurer’s Report

      4-A Discussion: Income and Expense May 1, 2019 – November 30, 2019

      4-B Discussion: Investment Schedule and Maturities

5. Edward Jones Presentation

6. Discussion/Authorize Any New Investments

7. Approve Police Pension Payment Increases Effective January 1, 2020

8. Approve Application for Membership Into Police Pension Fund – James Iglehart

9. Discusion/Update: Olney Police Pension Rules & Regulations That Establish Pay Back Period for Purchase of Creditable Service from Military

10. Discussion/Authorization: Establish Reasonable Time for Officer to Buy Back Service Refunded to Him/Her

11. Update: State of Illinois Consolidation of Downstate Pension Plans

12. Public Comments/Presentations

13. Scheduling of Next Meeting

14. Adjourn

http://www.ci.olney.il.us/AGENDA%20DEC%2010%202019.pdf

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