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Agenda - 02/25/2008 - Firefighter's Pension Fund BoardBOARD OF TRUSTEES OF FIREFIGHTERS PENSION FUND WEST WING CONFERENCE ROOM OF THE BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, IL 60523 630- 368 -5000 Meeting Agenda Monday, February 25, 2008 9:00 a. m. AGENDA CALL TO ORDER 2. ROLL CALL 3. APPROVAL OF MINUTES a. Approval of Board of Trustees Regular Meeting Minutes of October 29, 2007 b. Approval of Board of Trustees Special Meeting Minutes of December 17, 2007 4. CONSENT AGENDA a. Approval of October 1 -31, 2007 Payouts in the total amount of $117,946.92 b. Approval of November 1 -30, 2007 Payouts in the total amount of $115,170.16 c. Approval of December 1 -31, 2007 Payouts in the total amount of $120,902.96 d. Approval of Inspe Associates Ltd. Invoices in the total amount of $6,636.00 e. Approval of Attorney Richard J. Reirner's Invoices in the total arnount of $2,795.94 f. Approval of the Annual Membership Dues of the Illinois Public Pension Fund Association (IPPFA) in the amount of $437.50 g. Approval of the Pension Clerk hours in the total amount of $384.30 for the months of September through December, 2007 5. ITEMS REMOVED FROM THE CONSENT AGENDA 6. UNFINISHED BUSINESS 6. a. Discussion of the Actuarial Study of The Fund b. Discussion and Approval of Revised Investment Policy c. Approval of Decision and Certificate of Payment — Firefighter /Paramedic Paul Jacobs d. Approval of Paul Jacobs Duty Disability Pension 7. NEW BUSINESS a. Legislative Update — Public Act 095 -0521 - Service Certification b. Treasurer's Report of the Asset Summary of The Fund c. MBFinancial Investment Management Presentation d. Approval of Investment Transactions e. Merrill Lynch Investment Management Presentation f. Approval of Investment Transactions g. Approval of 2008 Pension Increases h. Discussion and Approval of Lauterbach & Amen, LLP 2008 Contract for Services i. Discussion of April Election of Member to the Board of Trustees j. Discussion and Possible Approval of Pension Clerk Salary Increase k Discussion of Investment Managers 8. INFORMATION & UPDATES 9. ADJOURN TO A CLOSED MEETING to discuss minutes of meetings lawfully closed under the Open Meetings Act, whether for the purpose of approval by the body of the minutes or for serni- annual review of the minutes as required by the Open Meeting Act Section 2.06(2c2 I) 10. ADJOURNMENT In accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable accommodation in order to participate in or benefit from attendance at a public meeting of the Village of Oak Brook should contact Blaine Wing, Assistant Village Manager, at (630) 368 -5022 as soon as possible before the meeting date