Legislation Details

File #: 19-4298    Version: 1 Name: TO DISCUSS THE COOK COUNTY AND FOREST PRESERVE EMPLOYEES’ AND OFFICERS’ ANNUITY AND BENEFIT FUNDS
Type: Resolution Status: Filed
File created: 6/25/2019 In control: Pension Committee
On agenda: 6/27/2019 Final action:
Title: 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. NOW THEREFORE BE IT RESOLVED, the Pension Committee of the Cook County Board of Commissioners requests the Executive Director of the fund to appear before the Pension Committee to give an update of the fund's findings as of July 1, 2019
Sponsors: BRIDGET GAINER

title

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.

 

NOW THEREFORE BE IT RESOLVED, the Pension Committee of the Cook County Board of Commissioners requests the Executive Director of the fund to appear before the Pension Committee to give an update of the fund’s findings as of July 1, 2019.end