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Under State of Illinois statues, each municipality in
Illinois of more than 5,000 population is required to administer its own Police Pension
Fund through a Board of Trustees. Lake Forest’s Board was established by City
ordinance in 1941.
The Board consists of five members. Its composition is
mandated by State laws. Two active police officers are elected by members of the Police
Department and one retired office is elected by policeman receiving pensions. Two members
are appointed by the Mayor, subject to the approval of the City Council. Term of office is
two years.
The Fund is financed primarily through a property tax levy
with supplemental mandatory employee contributions. Experience in handling and investing large sums of money
is highly desirable in members appointed to the Board.
The Board meets as needed.
Members:
| Name |
Address |
Telephone |
|
James Held, President |
15087 W. Redwood Ln. Libertyville |
247-9611
810-3813 |
| James D.
Athanas |
2107 Hyde
Park, Waukegan |
|
|
Robert Copeland |
645 Red Spruce Trail, Lake Villa |
356-2271
234-2601 |
| John Kreig |
81 Heron
Road |
295-3983
312-444-5625 |
|
M. Jay Trees
|
704 S. Ridge Road |
234-3628
|
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