HomeMy WebLinkAboutCCDATE=AUGUST 19, 2004 (5) • ELGIN 1,112E PFNSIOY FUND MINUTES
Aupra ,y, –001
Meeting was called to order at 8:49a111 President V. Beard.
Roll Call by Secretan K Nelson.
Pre e A
V. Beard, K. Nelson. M. Fuleae, J- Roo ieki, T-Timpino
AbseaL E. Schock, L. VTerpm, A. Blalek
Guest T. Vieft mis
\linutcs
'rhe minutes ofthe JUN 29. 3004 meeting veto reienvd. Motion W ucceptthe
min utas made b}J. Noaielii, seconded by M. Falese. Carried.
Trcas--iirr-Repo I
Motiml to putthe Knox ropmtfrom lune, 3001 end the AnlnoTT report from Juh,
2001 into the rerord mndc bdJ- Nonirki,acennded by K. Nelson. Gamed.
SeeretaiS Report
'rho Board wee adv lied of the requests from former fire pe a,ioa fund members,
D. PileygL and M- Widtfcle t to receive refunda of their contributions to the fund.
'rhe Board held discun iou regarding the tax implicntionu of the rcyuested
pvtisionfUndleftindS- upon twommendatiun uL the Board Attornm„ C. Gillins.
A formal letter from the Board Seemlarq K.NCBmI, will be, sent to D. Pheggi and
M-widtteldL. A nation was made to nppi me the Esuance of the tax implication
leucr and the refiind otcnntribuumie to D. Pileggi in rho. amount of $285.89, and
N1. Widtfe]dt in the ammunt 0f q"193.10 made b�M nale,e, seconded by T.
limpno. Carried.
The Board held disouesion regarding the Information rhntwns received at the
rPPACseniinarou9/16/0lrclarodto Public AcLo9S-0689. Amotiontoapprox'e
the information provided on the attached doeument us shoran for pension
i net es for tNidmes waz made ha M. Palese, seconded be T. Ioppino. Roll call
voteeatmried 5 u
K. Nelson to cerife firefighter Pension amounts at the tire e of death and orate
spreudAmto for r.idow cenfirnting rvidme payment amoant
The Board wue adailed that%,e had received a copy of the submitted serce mpoit
for 2003 from Knox Accounting.