Police Pension Board

POLICE PENSION BOARD FEBRUARY 10, 2026 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 PRESENT Police Pension Board Member Martin Van der Hoek, Police : Commander Christopher Stearns, Police Pension Board Member Sam Maki, Police Pension Board Member Andrew Merz ABSENT : Police Pension Board Member Carol Brandt ARRIVED : III. APPROVAL OF MINUTES Approve minutes from the 11/11/2025 Regular Police Pension meeting. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Andrew Merz AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None A. Approve minutes from the 11/11/2025 Regular Police Pension meeting. IV. REVIEW OF CLOSED SESSION MINUTES A. Semi-annual review of closed meeting minutes and verbatim recordings Nothing Submitted. V. ORDERS OF PAYMENTS VILLAGE OF PALATINE Page 1 of 5 Minutes February 10, 2026 A. Payment to LAUTERBACH & AMEN, LLP for former Palatine Police Officer J. Elliott calculation. Amount $500. RESULT: MOTION BY VOICE VOTE MOVER: Sam Maki SECONDER: Andrew Merz AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None B. Payment to Sam Maki for an 8-hour trustee training reimbursement through IPPFA $295.00. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Andrew Merz AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None C. Quarterly payment to Puchalski Goodloe LLC for legal services. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None VI. OLD BUSINESS Nothing Submitted. VII. NEW BUSINESS A. Update regarding statement of economic interest forms B. Review trustee term expiration and election procedures C. Review Village of Palatine financial report D. Discussion and action if necessary on cash management guidelines. No action needed. VILLAGE OF PALATINE Page 2 of 5 Minutes February 10, 2026 VIII. LEGAL UPDATE A. Update regarding Patrick McGee disability application IX. MEMBER RELATED ISSUES A. Complete transfer of former Palatine Police Officer M. Porters. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Andrew Merz AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None B. Complete transfer of former Palatine Police Officer J. Elliott RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None C. Allow entry into Palatine Police Pension (Tier 2) all with a hire date of 12/17/2025: Michael Ranieri, Josephy Kirby, Alexander Fitzpatrick, Freddy Villanueva, Georgi Georgiev and Jason Daliones RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Andrew Merz AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None D. Adjust pension benefit for Martin McCarthy as firearms pay was initially included, which should not have been. This results in $11.57 reduction in monthly benefit. RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki VILLAGE OF PALATINE Page 3 of 5 Minutes February 10, 2026 AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None E. Return pension contributions to former Palatine Police Officer M. Fu in the amount of $3872.60 RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Andrew Merz SECONDER: None AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None F. Approve the retirement of Palatine Police Officer Garth Martino on 04/30/2026 Hire Date: 01/06/1999 Creditable Service: 27 years 3 months 25 days Annual Salary: $124760.40 (2025 rate) Monthly benefit: $7,017.77 RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Andrew Merz AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None X. CLOSED SESSION AS REQUIRED Nothing Submitted. XI. PUBLIC COMMENT Presentation on co-op to assist in covering pension liability. XII. ADJOURNMENT RESULT: MOTION APPROVED BY VOICE VOTE MOVER: Martin Van der Hoek SECONDER: Sam Maki AYES: Martin Van der Hoek, Christopher Stearns, Sam Maki, Andrew Merz NAYS: None VILLAGE OF PALATINE Page 4 of 5 Minutes February 10, 2026 VILLAGE OF PALATINE Page 5 of 5