The Police Pension Fund Board manages the Police Pension Fund as prescribed under Chapter 5, Section 3 of the the Statutes of the State of Illinois.
Major activities include awarding of pensions and investing funds until needed to make pension payments.
Three members are elected from active and retired police officers and two members are appointed by the Mayor and serve 3- year terms, as mandated by State Statutes.
The Police Pension Fund Board meets regularly on the last Friday of January, April, July, and October. Special meetings may be scheduled as required. Meetings are located in the second floor conference room of the City building at 400 S. Vine St., Urbana, Illinois. Meetings start a 1:00 P.M. and are open to the public.
Police Pension Fund Audit Reports
Agendas, minutes, and attachments for older meetings can be found in the archives: Archive of Agendas and Minutes