Police Pension Board

POLICE PENSION BOARD MAY 12, 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 AGENDA REGULAR MEETING 4:00 PM I. CALL TO ORDER II. ROLL CALL III. APPROVAL OF MINUTES A. Approval of Feb. 10, 2026 Palatine Police Pension Regular Meeting Minutes IV. REVIEW OF CLOSED SESSION MINUTES V. ORDERS OF PAYMENTS A. Payment to Lauterbach & Amen for legal services in the amount $4,953.98. B. Payment ot INSPE Associates LLC for McGee application: Invoice 95455 4/7/26 $4,800.00 Invoice 95244 3/24/26 $9,600.00 Invoice 95177 3/19/26 $8,640.00 Invoice 95029 3/12/26 $6,900.00 Invoice 94943 3/9/26 $3,900.00 Invocie 94762 02/27/26 $6,750.00 Total of $40,590.00 VI. OLD BUSINESS VII. NEW BUSINESS A. Review/ approve financial audit B. Review/ approve the fiscal year-end IDOI annual statement C. Review/ approve actuarial valuation and recommend Village of Palatine contribution D. Review/ approve fiscal year-end section 3-143 municipal compliance report VILLAGE OF PALATINE Page 1 of 2 Agenda May 12, 2026 E. Two notices were sent out regarding an election. No additional members showed interest. F. Approve the retirement of Commander Jason Watson. Hired 03/30/1998. Last day worked 09/18/2026. Creditable service of 28 years, 5 months, 20 days. Initial annual benefit $119,212.03. VIII. LEGAL UPDATE IX. MEMBER RELATED ISSUES A. Update regarding disability claim B. New disability claim C. Allow entry into the Palatine Police Pension fund (Tier 2): Officer Eric Wozny and Andrew Agoranos with a hire date of 02/24/26. Officer Henry Griffin, Justin Ayala and Rene Cocom with a hire date of 04/20/26. X. CLOSED SESSION AS REQUIRED XI. PUBLIC COMMENT XII. ADJOURNMENT VILLAGE OF PALATINE Page 2 of 2