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-------------- Prior Contracts 2009-2012 Contract Arbitration Status
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Lisle Police Pension Fund
Board of Trustees
The Pension Fund is governed by a Board of Trustees. This Board is established by Illinois Statute, and is an independent entity. The Trustees have a fiduciary responsibility to govern the Fund in a prudent manner within the requirements and limitations of Illinois law. Some of the Board's duties include the investment of pension funds and hearing evidence on pension applications. Final administrative decisions of the Board of Trustees are subject to judicial review under the Illinois Administrative Review Law.
The Board consists of five members:
Regular meetings are held on a quarterly basis. From time to time special meetings may be called, usually to hold hearings on disability pension applications. These meetings are open to the public, except when specific personnel matters are discussed in executive session. Minutes of the meetings are available at the Lisle Library, the Village Hall, and on the Village website. Trustees are not paid for service as Trustees to the Fund. Role of Professional Consultants.
Service of Legal Documents Address for Service:
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