Police pension board approves benefits updates
At a glance
Quick context to catch up fast.
The board approved 2026 cost-of-living adjustments for pensioners and accepted a financial report showing net assets of $61,937,631.83 as of November 30, 2025.
Committees mentioned
Open the committee coverage hubs tied to this summary.
Topics discussed
Was this summary helpful?
Your feedback helps us prioritize what to improve next.
What this means
The board approved the annual pensioner benefit increase required by statute, so retirees will receive the 2026 cost-of-living adjustment. It also accepted the latest financial report and approved $27,287.27 in payments. The board said no action was needed on cash management, and there were no retirement, disability, or membership applications to consider.
Key decisions
Follow the major takeaways from this briefing.
- Approved the October 14, 2025 regular meeting minutes
- Accepted the monthly financial report and approved $27,287.27 in payments
- Determined no cash management action was needed
- Approved the 2026 cost-of-living adjustments for pensioners
- Kept Trustee Navarrete as the IDOI Security Administrator
- Noted that L&A will conduct elections for two active member trustee seats and one retired member trustee seat expiring in May 2026
Timeline & follow-ups
Action items flagged by the community.
No follow-ups have been shared yet. Add one in the community board below.
Meeting information
Details and records from this meeting.
Police Pension Board Meeting on January 13, 2026
Agenda
Agenda items not available.
Recent documents
Fresh records from this municipality.
Civic leadership
Know who to contact about the decisions that matter.