Police Pension Board

Current Board Members

John Adduci, President
William Housey, Jr.
James King
Jim Monson
Tony Terranova

Trustee Liaison: Gary Fasules
Staff Liaison: Christina Coyle, Finance Director

Intent & Purpose

• To administer the Police Pension Fund

Duties & Responsibilities

The Duties and Responsibilities Include:

• Approve payments to beneficiaries of the Fund
• Collection of required contributions from active participants of the Fund
• Control, manage and administer the activities of the Fund
• Maintain a public record of all proceedings of the Board
• Provide for the investment of funds in accordance with statutes
• Provide for the payment from the Fund of all necessary expenses related to the administration of the Fund
• Receive and account for income provided from investments of the Fund
• To establish necessary rules and regulations in conformity with statute in the administration of the Fund
• To maintain records and provide various reports to the Village Board on a periodic basis related to the activities of the Fund