Agenda - 01/21/2020 - Police Pension Fund BoardIn 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 the Butler Government
Center (Village Hall) at (630) 368-5010 or TDD (630) 990-2131, as soon as possible before the meeting date.
BOARD OF TRUSTEES OF POLICE PENSION FUND
UPPER LEVEL CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
Regular Meeting Agenda
Tuesday, January 21, 2020
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. BOARD COMMENTS
4. APPROVAL OF MINUTES
a. Approval of Regular Meeting Minutes of October 24, 2019
5. CONSENT AGENDA
a. Approval of September 1-30, 2019 expenditures in the total amount of $254,486.90
b. Approval of October 1-31, 2019 expenditures in the total amount of $256,387.42
c. Approval of November 1-30, 2019 expenditures in the total amount of $251,618.10
d. Approval of December 1-31, 2019 expenditures in the total amount of $242,611.90
e. Approval of reimbursement to Pension Clerk for pension conference lodging in the amount of
$218.80
f. Approval of Lauterbach & Amen, LLP invoice for professional services for October 2019 accounting
service fees in the amount of $1,150.00
g. Approval of Taiber Kosmala third quarter 2019 investment consulting fees’ invoice in the amount of
$7,000.00
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. NEW BUSINESS
a. Taiber Kosmala & Associates, LLC Report on Fourth Quarter, 2019
b. Fifth Third Report on Fourth Quarter, 2019
c. Approval of Investment Transactions for Fourth Quarter, 2019
d. Ratification of 2020 Pension Increases
e. Discussion/action regarding 2020 Actuarial Assumptions
f. Approval of Application for Membership in the Oak Brook Police Pension Fund of Noah C. Reyes
(hired 1/6/2020)
g. Approval of Application for Membership in the Oak Brook Police Pension Fund of Ricardo Villegas
(hired 1/6/2020)
h. Ratification of Application for Members Pension Benefits Retirement Pension of Donald Jacobs
8. PENDING BUSINESS
a. Discussion/action regarding consolidation of pension funds
b. Discussion/action regarding disability matter
Oak Brook Police Pension Board
January 21, 2020
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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 the Butler Government
Center (Village Hall) at (630) 368-5010 or TDD (630) 990-2131, as soon as possible before the meeting date.
9. INFORMATION AND UPDATES
a. Scheduling of second quarterly meeting 2020
10. ADJOURNMENT