​The powers and duties of this board include, but are not limited to:


  • Control and manage the Pension Fund
  • Oversee the Investment of Funds
  • Order payment and issue certificates of payment
  • Submit an annual list of fund payments to the Sugar Grove Board of Trustees
  • Subpoena witnesses (in cases involving the fund)
  • Review applications for pensions
  • Keeping of Records.

 

The Police Pension Fund consists of a total of five (5) Trustees, two (2) are to be active police officers, one (1) beneficiary of the fund, and two (2) are to be appointed by the Village President.


Members of this fund are required to have 32 hours of Certified Trustee Training within 18 months of appointment.  Annual training of 16 hours thereafter is required.  Training costs are borne by the Police Pension Fund; however it should be noted that only the cost of registration and conference attendance can be reimbursed.


The committee meets quarterly at 8:00 a.m at the Sugar Grove Municipal Center, 10 S. Municipal Drive, Sugar Grove, IL


About Your Pension Fund

630-466-4526

Pension Info