Agenda - 01/20/2021 - 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
Wednesday, January 20, 2021
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 22, 2020
5. CONSENT AGENDA
a. Approval of October 1-31, 2020 expenditures in the total amount of $268,125.82
b. Approval of November 1-30, 2020 expenditures in the total amount of $256,501.84
c. Approval of Taiber Kosmala & Associates LLC invoice for professional services for investment
advisory services for 3Q20 in the amount of $7,000
d. Approval of invoice for IPPFA 2021 Membership Dues in the amount of $795.00
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. NEW BUSINESS
a. Taiber Kosmala & Associates, LLC Report on Fourth Quarter, 2020
b. Fifth Third Report on Fourth Quarter, 2020
c. Approval of Investment Transactions for Fourth Quarter, 2020
d. Ratification of 2021 Pension Increases
e. Discussion/action regarding 2021 Actuarial Assumptions
f. Approval of Contribution Refund request of Noah Reyes
g. Approval of Transfer of Creditable Service for Joseph Kieca from Sandwich Police Pension Fund
h. Ratification of Service Retirement Pension Benefit request of David Kolzow
i. Ratification of Election to Purchase Military Service Served Prior to Employment and Service
Retirement Pension Benefit requests of Jason Cates
8. PENDING BUSINESS
a. Discussion/action regarding consolidation of pension funds
b. Discussion/action regarding disability matter
9. INFORMATION AND UPDATES
a. Scheduling of second quarterly meeting 2021
10. ADJOURNMENT