Agenda - 04/19/2018 - Firefighter's Pension Fund Board VILLAGE OF OAK BROOK
BOARD OF TRUSTEES, FIREFIGHTERS PENSION FUND
WEST WING CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
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 this public meeting should contact the Butler Government Center (Village Hall), at
(630) 368-5010, or for TDD response (630) 990-2131, as soon as possible before the meeting date.
NOTICE OF A REGULAR MEETING OF THE
BOARD OF TRUSTEES OF THE
OAK BROOK FIREFIGHTERS’ PENSION FUND
The Board of Trustees of the Oak Brook Firefighters’ Pension Fund will conduct a regular meeting on
Thursday, April 19, 2018 at 8:00 a.m. at 1200 Oak Brook Road, West Wing Conference Room of the
Butler Government Center, Oak Brook, Illinois for the purposes set forth in the following agenda:
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. TRUSTEE CONTINUING EDUCATION SESSION: 8:00 a.m. – 9:00 a.m.
4. PUBLIC COMMENT (limited to 3 minutes per person)
5. APPROVAL OF MEETING MINUTES
a. January 18, 2018 Regular Meeting Minutes
b. February 8, 2018 Special Meeting Minutes
c. Semi-Annual Review of Closed Session Meeting Minutes
6. INVESTMENT REPORT – SAWYER FALDUTO ASSET MANAGEMENT, LLC
a. Quarterly Investment Performance Report
i. Discussion/Possible Action – Process of Managing Funds for Pension Payments and Expenses
b. Review/Update Investment Policy and Approval of any Recommended Revisions
7. ACCOUNTANT’S REPORT – LAUTERBACH & AMEN, LLP
a. Monthly Financial Report
b. Presentation and Approval of Bills
c. Approval of Trustee Training Registration Fees and Reimbursable Expenses
i. Trustee Picciola – Reimbursement Request
d. Additional Bills, if any
i. Illinois Department of Insurance Compliance Fee
8. COMMUNICATIONS OR REPORTS
a. Statements of Economic Interest
b. Annual Affidavits of Continued Eligibility
9. APPLICATIONS FOR MEMBERSHIP OR WITHDRAWALS FROM THE FUND
10. APPLICATIONS FOR RETIREMENT OR DISABILITY BENEFITS
11. OLD BUSINESS
a. Status Update – Pension Benefit Discrepancy – Robert Cronholm
b. Status Update – 2017 IDOI Annual Statement
12. NEW BUSINESS
a. Review Preliminary Actuarial Valuation – Foster & Foster
b. Discussion/Possible Action – Fiduciary Liability Insurance Renewal
c. Certify 2018 Board Election Results – Active and Retired Member Positions
d. Appointed Member Term Expirations
13. TRUSTEE TRAINING UPDATES
14. ATTORNEY’S REPORT
a. Review RDK Lauterbach & Amen Trustee Portal Guidelines
b. Legal Updates
15. CLOSED SESSION (if needed)
16. ADJOURNMENT