City of Countryside City Council met Jan. 30.
Here is the agenda provided by the council:
1. Call Meeting to Order
2. Roll Call:
3. Public Comments
4. Investment Updates
5. Approval of minutes from September 12, 2019 pension meeting.
6. Receipts and Disbursements for August, September, October, November, and December, 2019
7. Old Business
The board received the annual tax levy contribution check in the amount of $1,064,366.00 and it was deposited into the Morgan Stanley Money Market account.
Consideration to solicit proposals for legal services for the police pension fund.
8. New Business
Attorney agreement for 2020
Qildro/legal business
Ethics filing, board members will receive an email. Deadline to file is May 1, 2020.
Retirees cola increases
Countryside Bank has merged with Hinsdale Bank & Trust and Wintrust.
Lauterbach and Amen IT environment Inquiry
Coalition for Qualified Plan Status and refund check for $129.31
The police pension union contract passed and listed below is Kenneth Goluszka’s new salary calculations:
$ 99,024.00 annual gross salary
3,808.00 10 days holiday pay
850.00 longevity benefit
$103,682.00 total salary for pension calculations
His annual gross retiree pension is $64,801.25 and his monthly gross is $5,400.10 (see attached)
9. Attorney’s Report
10. Executive Session (if needed)
11. Any business from the pension board members for discussion, consideration, and, if so determined, action upon.
12. Adjournment
https://www.countryside-il.org/agendas-minutes/police-pension-board/
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