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Monday, December 23, 2024

Cook County Board of Commissioners Pension Committee met Sept. 21

Cook County Board of Commissioners Pension Committee met Sept. 21.

Here is the agenda provided by the committee:

Reconvened from the meeting on 7/27/2022

There will be a meeting of the Committee or Subcommittee of the Board of Commissioners of Cook County to consider the following:

PUBLIC TESTIMONY

Authorization as a virtual public speaker shall only be granted to those individuals who have submitted in writing, their name, email address, phone number, subject matter, and organization (if any) to the Secretary 24 hours in advance of the meeting. Duly authorized virtual public speakers shall be sent a link to virtually attend the meeting and will be called upon to deliver testimony at a time specified in the meeting agenda. Authorized public speakers who are not present during the specified time for public testimony will forfeit their allotted time to speak at the meeting. Public testimony must not exceed three minutes; the Secretary will keep track of the time and advise when the time for public testimony has expired. After each speaker has completed their statement, they will be removed from the meeting. Once removed, you will still be able to follow the proceedings for that day at: https://www.cookcountyil.gov/service/watch-live-board-proceedings or in a viewing area at 69 W.Washington Street, 22nd Floor Conference Room F, Chicago, IL. Persons authorized to provide public testimony shall not use vulgar, abusive, or otherwise inappropriate language when addressing the Board; failure to act appropriately; failure to speak to an item that is germane to the meeting, or failure to adhere to the time requirements may result in expulsion from the meeting and/or disqualify the person from providing future testimony. Written comments will not be read aloud at the meeting, but will be posted on the meeting page and made a part of the meeting record.

22-4619

COMMITTEE MINUTES

Approval of the minutes from the meeting of 12/15/2021

19-1313

Sponsored by: BRIDGET GAINER and JOHN P. DALEY, Cook County Board of Commissioners

PROPOSED RESOLUTION

TO DISCUSS THE COOK COUNTY AND FOREST PRESERVE EMPLOYEES’ AND OFFICERS’ ANNUITY AND BENEFIT FUNDS

WHEREAS, Actuarial reports for the Cook County Employees’ Annuity and Benefit Fund and the Forest Preserve District Employees’ Annuity and Benefit Fund of Cook County are released annually and presented to the Pension Committee of the Cook County Board of Commissioners; and,

WHEREAS, the reports highlight the funded status and total unfunded pension liability of the Cook County Pension Fund and Forest Preserve Pension Fund; and,

WHEREAS, on July 18, 2019, Regina Tuczak appeared before the Board to provide updates to the Board of Commissioners on the fund.

NOW, THEREFORE, BE IT RESOLVED, the Cook County and Forest Preserve Employees’ and Officers’ Annuity and Benefit Funds will appear before the Pension Committee of the Cook County Board of Commissioners to give a brief update of the fund and its 2019 fund status.

Legislative History : 1/24/19 - Board of Commissioners - refer to the Pension Committee

Legislative History : 2/19/19 - Pension Committee - defer

Legislative History : 7/18/19 - Pension Committee - defer

Legislative History : 2/26/20 - Pension Committee - accept as substituted

Legislative History : 2/26/20 - Pension Committee - no action taken

Legislative History : 7/28/20 - Pension Committee - suspend the rules

Legislative History : 7/28/20 - Pension Committee - accept as substituted

Legislative History : 7/28/20 - Pension Committee - defer

Legislative History : 12/15/21 - Pension Committee - defer

Legislative History : 12/16/21 - Board of Commissioners - defer

https://cook-county.legistar.com/Calendar.aspx