Police Pension Board

POLICE PENSION BOARD NOVEMBER 11, 2025 AT 4:00 PM VILLAGE HALL - COMMUNITY ROOM A 200 E WOOD STREET PALATINE, IL 60067-5339 (847) 359-9050 www.palatine.il.us MINUTES REGULAR MEETING 4:00 PM I. CALL TO ORDER II. ROLL CALL III. APPROVAL OF MINUTES A. Motion to approve minutes from August 12, 2025 Palatine Police Pension Meeting. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki NAYS: None IV. REVIEW OF CLOSED SESSION MINUTES None V. ORDERS OF PAYMENTS A. Payment to Lauterbach & Amen, LLP (Benefit Calculation- M. Porters) $500.00 Payment to Lauterbach & Amen, LLP (Benefit Calculation- J. Blanchette) $500.00 Payment to Puchalski Goodloe, LLC. in the amount of $2,766.44 for legal. Payment to IPPFA for 2026 membership dues in the amount of $825.00 RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None VI. OLD BUSINESS None VILLAGE OF PALATINE Page 1 of 4 Minutes November 11, 2025 VII. NEW BUSINESS A. Motion to approve 2026 monthly meeting dates: 02/10/2026 05/12/2026 08/11/2026 11/10/2026 RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Sam Maki SECONDER: Carol Brandt AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None B. Motion to approve 2026 retiree cost of living raises. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Carol Brandt AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None C. Review Village of Palatine Financial Report Finance Director Andrew Brown covered the financial report. D. Discussion and action if necessary on cash management guidelines. None at this time. VIII. LEGAL UPDATE A. Discussion and update regarding McGee disability application. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None Motion to approve (3) IME's by neurologists and psychologists. VILLAGE OF PALATINE Page 2 of 4 Minutes November 11, 2025 B. Attorney Jeff Goodloe. Update on Bill 1937. IX. MEMBER RELATED ISSUES A. Issue a refund of former Officer Trvon Tines pension contributions in the amount of $5,649.14. Issue a refund of former Officer Sarah Coombes pension contributions in the amount of $48,401.65 RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None B. Motion to approve the retirement of Detective Stephen Bushore on 01/09/2026. Creditable Service 26 years, 4 months and 3 days $123,510.40 Police Officer Step 8 (2025 Rate) $3,000.00 Dual Career Ladder $1,250.00 Longevity $127,760.40 Total Pensionable Salary Corrected retirement date of Det. Bushore to 01/09/2026. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Carol Brandt SECONDER: Martin Van der Hoek AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None C. Motion to approve the retirement of Sgt. Martin McCarthy on 01/09/2026 (27 years, 0 months and 4 days) $146,265.60 (Police Sergeant Step 16 2025 Rate) $1,000.00 Longevity $150.00 Firearms pay $147,415.66-Total Estimated Pensionable Salary (2025) RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Carol Brandt SECONDER: Martin Van der Hoek AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt VILLAGE OF PALATINE Page 3 of 4 Minutes November 11, 2025 NAYS: None D. Approval of Officer Olga Voronchak to the Palatine Police Pension (Tier 2) with a hire date of 09/18/2025. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Carol Brandt AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None E. Review and approval of former Palatine Police Officer Joseph Blanchette transfer of creditable service from the Palatine Police Pension Fund to SERS. Blanchette reinstated 8 months of creditable service for $9,905.16 (Check 1005048479). To be sent to SERS: Officer Contributions $3,329.55 + match of officer contributions 3,329.55 + interest officer paid to reinstate service $6,575.61= $13,234.71. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Carol Brandt AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None X. CLOSED SESSION AS REQUIRED XI. PUBLIC COMMENT XII. ADJOURNMENT RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Sam Maki SECONDER: Carol Brandt AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Carol Brandt NAYS: None VILLAGE OF PALATINE Page 4 of 4