Loading...
Agenda - 04/21/2022 - 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. VILLAGE OF OAK BROOK 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 The Oak Brook Police Pension Fund Board of Trustees will conduct a regular meeting on Thursday, April 21, 2022 at 6:15 p.m. in the Upper-Level Conference Room at the Butler Government Center located at 1200 Oak Brook Road, Oak Brook, Illinois 60523 for the purposes set forth in the following agenda: AGENDA 1. Call to Order 2. Roll Call 3. Public Comment 4. Approval of Meeting Minutes a.) January 20, 2022 Regular Meeting 5. Accountant’s Report – Lauterbach & Amen, LLP a.) Monthly Financial Report b.) Presentation and Approval of Bills c.) Additional Bills, if any i. Illinois Department of Insurance Compliance Fee 6. Investment Reports a.) Taiber Kosmala and Associates, LLC b.) Fifth Third Investments c.) Review/Update Investment Policy 7. Communications and Reports a.) Affidavits of Continued Eligibility b.) Statements of Economic Interest 8. Applications for Membership/Withdrawals from Fund a.) Application for Membership – Jeremy Turner b.) Contribution Refund – Ryan White 9. Applications for Retirement/Disability Benefits a.) Approve Regular Retirement Benefits – James Kruger, David Kolzow and Danny Ramirez 10. Old Business a.) IPOPIF Status Update and Discussion/Possible Action to be Taken on All IPOPIF Requests Pertaining to Consolidation b.) Discussion/Adoption of Cash Management Policy 11. New Business a.) Acknowledge IPOIF Notice of Transfer Date, Adopt Resolution of Notice and Execute Exhibits b.) Discussion/Possible Action – Local Account Collateralization c.) Discussion/Possible Action – Cash Reserve Balance d.) Discussion/Possible Action – Enterprise Cash Flow Module and My State Street.com Set-Up Access Form e.) Certify Board Election Results – Active and Retired Member Positions f.) Review Preliminary Actuarial Valuation g.) IDOI Annual Statement h.) Portability Update – Justin Pearce i.) Transfer of Creditable Service from IMRF Pursuant to HB-126 – Kurt Kaleciak 12. Trustee Training Updates a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses 13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC a.) Legal Updates 14. Closed Session, if needed 15. Adjournment