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This record contains private information, which has been redacted from public viewing.
Record #: R2015-653   
Type: Resolution Status: Failed to Pass
Intro date: 9/24/2015 Current Controlling Legislative Body: Committee on Finance
Final action:
Title: Tax levy requirement for Policemen's Annuity and Benefit Fund of Chicago for Year 2016
Sponsors: Dept./Agency
Topic: FINANCE FUNDS - Policemen's Annuity and Benefit Fund of Chicago
Attachments: 1. R2015-653.pdf
Related files: R2019-362
Members of the Board Representing the Public Juan C. Avila Carole L. Brown Carol L. Hamburger Kurt A. Summers, Jr.
Representing the Active Police and Disability Beneficiaries Michael K. Lappe
James P. Maloney, Recording Secretary Brian E. Wright, Vice-President
Representing the Annuitants Kenneth A. Hauser, President
The Retirement Board
of ihe
Policemen's Annuity and Benefit Fund City of Chicago
221 Nortfi LaSatte Street-Room 1626 Chicago, Iffinois 60601 (312) 744-3891 Outside Chicago: 1-800-656-6606
Regina Tuczak, CPA Executive Director
James A. Dollard, CPA
Pacifico Panaligan, CPA
Assistant Comptroller
Peter Orris, M.D.
David R. Kugler
Attorney for the Board

Address Communications to the Retirement Board

August 31, 2015

Ms. Susana A. Mendoza City Clerk of Chicago City Hall (Room 107) 121 N. LaSalle Street Chicago, IL 60602

Dear Ms. Mendoza:

In accordance with Chapter 40, Act 5, Article 5, Section 168-Financing, the Policemen's Annuity and Benefit Fund of Chicago (the Fund) is hereby requesting $675,825,755 for the 2016 tax levy. In addition to the financing requirements of the Illinois Statutes, attached is a copy of the 2015 Funding Resolution adopted by the Retirement Board of the Policemen's Annuity and Benefit Fund ofthe City of Chicago at their meeting held July 30, 2015.

Also enclosed is a copy of the letter provided to the Board of Trustees of the Fund, by the Fund's actuary, Gabriel Roeder Smith & Company, which certifies the contribution amount cited in the funding resolution.

cj-t C/O

Reg(na Tuczak \J ZzZ*'- ^
Executive Director - i



WHEREAS, pursuant to 40 ELCS, Act 5, Section 5-168, and all other applicable provisions, of the Illinois Pension Code, the Retirement Board ofthe Policemen's Annuity and Benefit Fund of Chicago (the "Board") is required to estimate the amounts required e...

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