Board Of Trustees (Pension Board)

Composition:

The Board of Trustees are designated as the retirement plan administrator. Among other duties outlined in the Ordinance 97-21, the Board: determines eligibility and membership; determines the amount of retirement allowances or other benefits; establishes uniform rules and procedures; distributes information about the system to members; receives and process all benefit applications; authorizes payments from the Fund; and performs actuarial studies and valuations at least as often as required by law.

The Board shall be comprised of (5) Trustees, (2) shall be legal residents of the municipality and be appointed by the Village Council, (1) shall be a full-time Police Officer Member of the System who shall be elected by a majority of the Police Officers who are Members of the System, (1) shall be a full-time Firefighter Member of the System who shall be elected by a majority of Firefighters who are Members of the System. The 5th Trustee shall be chosen by a majority of the previous (4) Trustees and such person's name shall be submitted to the Village Council and formerly ratified by the Village Council.

Each resident Trustee shall serve as Trustee for a period of (2) years, unless he sooner vacates the office or is sooner replaced by the Village Council at whose pleasure he shall serve. Each Police Officer or Firefighter Trustee shall serve as Trustee for a period of (2) years, unless he sooner leaves the employment of the Village as a Police Officer or Firefighter or otherwise vacates his office as Trustee, whereupon a successor shall be chosen in the same manner as the departing Trustee. Each Trustee may succeed himself in office.

Council Liaison: Edward London
Staff Liaison: Benjamin Nussbaum, Chief Financial Officer

Members:

Name Title Term Started: Appointed by: Term Limit:
Keith Bean  Fire Trustee 12/01/17 Firefighter Union 2 years
Daniel Valdes  Police Trustee 12/01/18 Police Officer Union 2 years
Bill Stephens Resident Trustee 08/27/19 Village Council 2 years
Edward W. Easton Resident Trustee 01/25/18 Ratified by Council Pension Board 2 years
Wesley Pritchett  Resident Trustee 04/09/19 Village Council 2 years

Agendas and Minutes:
2021

08/25/21 Regular meeting Agenda      
02/26/21 Regular meeting Agenda      
2020

11/19/20 Regular meeting Agenda      
11/11/20 Regular meeting Agenda      
08/03/20 Regular meeting Agenda      
2019

11/04/19 Regular meeting Agenda      
09/17/19 Regular meeting Agenda      
06/25/19 Regular meeting Agenda      
01/29/19 Regular meeting Agenda       Minutes      
2018

12/18/18 Regular meeting Agenda      
09/27/18 Regular meeting Agenda       Minutes      
05/24/18 Regular meeting Agenda       Minutes      
04/12/18 Regular meeting Agenda      
01/25/18 Regular meeting Agenda       Minutes      
2017

11/16/17 Regular meeting Agenda       Minutes      
09/28/17 Regular meeting Agenda       Minutes      
08/10/17 Regular meeting Agenda       Minutes      
07/27/17 Cancelled Agenda      
05/25/17 Regular meeting Agenda       Minutes      
03/16/17 Regular meeting Agenda       Minutes      
01/26/17 Regular meeting Agenda       Minutes      
2016

11/16/16 Regular meeting Agenda       Minutes      
09/22/16 Regular meeting Agenda       Minutes      
08/04/16 Regular meeting Agenda       Minutes      
05/26/16 Regular meeting Agenda       Minutes      
03/24/16 Regular meeting Agenda       Minutes      
01/28/16 Regular meeting Agenda       Minutes      

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