Agenda - 01/22/2014 - Police Pension Fund Board At g9
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BOARD OF TRUSTEES OF POLICE PENSION FUND
.o ° UPPER LEVEL CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
COUNI't'�\. 1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
Regular Meeting Agenda
Wednesday, January 22, 2014
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENTS
4. APPROVAL OF MINUTES
a. Approval of Regular Meeting Minutes of October 29, 2013
5. CONSENT AGENDA
a. Approval of October 1-31, 2013 checks in the total amount of$183,435.66
b. Approval of November 1-30, 2013 checks in the total amount of$188,994.80
c. Approval of December 1-31, 2013 checks in the total amount of$180,442.59
d. Approval of Lowery Asset Consulting, LLC's invoices in the total amount of$7,000.00, dated
September 19, 2013 for Third Quarter, 2013 services
e. Approval of Lauterbach &Amen, LLP's invoices in the total amount of$3,050.00, for services
rendered June, September and October, 2013, including preparation of Illinois Department of
Insurance report for year ended December 31, 2012
f. Approval of Contravisory Investment Management, Inc. invoice for the period October 1
through December 31, 2013 in the amount of$2,323.00
g. Approval of Illinois Public Pension Fund Association's 2014 membership dues invoice in the
amount of$775.00
h. Approval of Reimbursement to Pension Clerk Kane for October, 2013 pension conference
registrations in the total amount of$640.00
i. Approval of Pension Clerk Kane's timesheet in the total amount of$487.50 for services
rendered July to December, 2013.
j. Approval of Reimer& Karlson, LLC invoice in the amount of$43.75
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. UNFINISHED BUSINESS: None presented
8. NEW BUSINESS
a. Lowery Asset Consulting, LLC Report on Fourth Quarter, 2013
b. MB Financial Investment Management Performance Report on Fourth Quarter, 2013
c. Approval of Investment Transactions for Fourth Quarter, 2013
d. Ratification of 2014 Pension Increases
e. Discussion of 2014 Actuarial Assumptions
f. Approval of Contribution Refund for Brian Duhig
Oak Brook Police Pension Board
January 22,2014
Page 2 of 2
g. Discussion regarding mandated Trustee training
h. Approval of Annual Notice of Meetings
i. Approval of Request for Proposal per Illinois State Statute requirement
9. INFORMATION & UPDATES
a. Scheduling of Trustee Election and Second Quarterly Meeting in 2014:
Monday, April 21 —Election at 6:00 p.m. —Regular Meeting at 7:00 p.m.
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 Assistant Village Manager
Blaine Wing at(630)368-5022 or TDD(630)990-2131 as soon as possible before the meeting date.