The Police Pension Board meets on Monday April 24th at 7:30 AM in the MacArthur Room. Three investment companies will be make presentations and be interviewed. The entire meeting agenda can be viewed here.
Archive for the ‘Agendas’ Category
Police Pension Board meets Monday
Posted in Agendas, Police Pension Board, Taxes, Uncategorized, VBHPD on January 22, 2017| Leave a Comment »
The Police Pension Board meets on Monday January 23rd at 7:30 AM. A copy of their agenda is not yet available.
Police Pension Board meets Monday
Posted in Agendas, Police Pension Board, Taxes, VBHPD on October 23, 2016| 1 Comment »
The Police Pension Board meets tomorrow at 7:30 AM. A copy of their agenda can be viewed here.
As the name implies, this independent board oversees all aspects of the police pension funds, including who manages the investments. Elected officials can attend meetings, but they have no say in the agendas, nor can they vote. However they have voiced their opinions, particularly as it relates the fund management firm chosen by the board, Wall & Associates.
Unfortunately, this investment firm has been “underperforming” in financial markets compared to industry benchmarks for some time now, and this has been a regular topic of discussion at Board of Trustees meetings. Regrettably, the underperformance of the investment decisions has resulted of millions of dollars of “undue burden” that will fall on the taxpayers of our community.
The recording of the Police Pension Board report discussion from the September Village Board meeting can be heard here. We strongly encourage readers listen to the recording and attend Monday’s meeting if their schedules permit.
Police Pension Board meets Monday
Posted in Agendas, Police Pension Board, Taxes, VBHPD on July 24, 2016| Leave a Comment »
The Police Pension Board meets tomorrow morning at 7:30 PM. A copy of their agenda can be viewed here.
Police Pension Board meets Monday
Posted in Agendas, Police Pension Board, Taxes, VBHPD on April 23, 2016| Leave a Comment »
The Police Pension Board will meet Monday morning at 7:30. A copy of their agenda can be viewed here.
October 28th Police Pension Board agenda posted
Posted in Agendas, Pension Funding, Police Pension Board, Taxes on October 27, 2015| Leave a Comment »
The Police Pension Board meets tomorrow morning at 7:30 AM at Village Hall. A copy of their agenda can be viewed here.
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