§ 2-1067. Board of Trustees of the Police Pension Fund; creation; composition; term.  


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  • (a)

    Pursuant to article 3, section 3-128 of the Illinois Pension Code (ILCS ch. 40, act 5, § 3-128), there is hereby established a Board of Trustees of the Police Pension Fund.

    (b)

    The Board of Trustees of the Police Pension Fund shall be composed of five members. Two members of said Board shall be appointed by the President of the village for two-year terms of office. Three members of said Board shall be elected by active and retired members of the Police Department in the manner provided in article 3, section 3-128 of the Illinois Pension Code (ILCS ch. 40, act 5, § 3-128), now or hereafter amended.

(Code. 1993, § 2.16.11.1; Ord. No. 91-O-18, 3-19-1991; Ord. No. 2006-O-29, 4-11-2006)