City of Hoopeston Police Pension Committee met Oct. 17.
Here is the minutes provided by the committee:
The meeting was called to order at 2:15. Present from the Police Pension Committer were Jim Dewitt, Edye Bookwalter, Officer Anthony Linares, retired officer Steve Bane and Bill Goodwine.
Also in attendance was Lourdine Florek.
Minutes of the previous meeting were unavailable and will be submitted at the next Police Pension Meeting.
Officers of the Police Pension Committee were elected as follows:
President- Jim DeWitt
Vice President- Steve Bane
Secretary- Bill Goodwine
Assistant Secretary- Anthony Linares
City Treasurer Edye Bookwalter distributed and reviewed with the committee the following:
Income and Expense for YTD Fiscal Year 2019
Balance Sheet, September 30, 2019 Investments coming due by year
List of all CD's Interest
totals by CD
Contributions by officers through 9/30/19 New
Amounts for Retired Officers for 2020
Secretary Bill Goodwine updated the committee on the Illinois General Assembly discussions for combining all downstate pension funds into a single fund managed by a professional investment group. It was stated that such a combination is supported by the Illinois Municipal League.
Secretary Goodwine updated the committee on the funding percentage of the Hoopeston plan. The meeting was adjourned at 2:56 p.m.
https://docs.google.com/viewerng/viewer?url=https://cityofhoopeston.com/wp-content/uploads/2019/10/Police-Pension-Minutes-10-17-19.docx&hl=en_US
Alerts Sign-up