Agenda - 01/31/2014 - Firefighter's Pension Fund Board PGI, Of Dq,t 19 9
VILLAGE OF OAK BROOK
d BOARD OF TRUSTEES, FIREFIGHTERS PENSION FUND
WEST WING TRAINING/CONFERENCE ROOM
a �z° OF THE BUTLER GOVERNMENT CENTER
9�F COUN-T1' '� 1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
Regular Meeting Agenda
Friday,January 31, 2014
9:00 AM
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENT(limited to 3 minutes per person)
4. APPROVAL OF PRIOR MINUTES
a. October 24, 2013 regular meeting minutes—in board packet
b. December 2, 2013 special meeting minutes—in board packet
c. Review closed session minutes, if any
5. ACTUARIAL ASSUMPTIONS—Jason Franken,Foster&Foster
a. Discuss Actuarial assumptions for 12/31/2013 report
6. ACCOUNTANT'S REPORT
a. Review monthly financial report—in board packet, accept report
b. Approve disbursements—in board packet
7. INVESTMENT PERFORMANCE SERVICES REPORT
a. Distribute/Review quarterly investment report—potential purchase and/or sale of securities,
potential portfolio balancing and/or hiring or termination of investment managers, accept report
b. Distribute/Review MB quarterly investment report,accept report
c. Distribute/Approve the amended investment policy statement
8. INFORMATIONAL ITEMS AND UNFINISHED BUSINESS
a. Trustee Training Summary—submit training certificates, discuss 2014 training plans
b. 2014 standard mileage rate is 56 cents
c. DuPage County Statements of Economic Interest—File Board, complete statements
d. Annual Affidavits— 100%compliance
e. FOIAs received
f. Legal Updates—in board packet
g. Mark Schoppe disability update
h. Brian Bitterlin reciprocity(Chicago Ridge Fire)-in process
i. Ken Heinzelman reciprocity(Peoria Fire)—in process
j. George Grodek non-duty disability application- in process
9. NEW BUSINESS
a. Approve retirement benefit calculation for Fire Chief Thomas J. McEllin, effective 11/10/2013
b. Approve 2014 statutory pension increases,effective January 2014
c. Prepare election procedures for active member, M. Erickson,term expires 04/30/2014
d. Seek re-appointment for G.Kouba,term expires 04/30/2014
e. Approve renewal of Fiduciary Liability Insurance, effective 04/30/2014 -2015
10. CLOSED SESSION, if needed
11. ADJOURNMENT
Next Regular Board Meeting scheduled for April 25,2014 at 9:00 a.m
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,Asst.Village Manager,at
(630)368-5022 as soon as possible before the meeting date.
1/23/2014