HomeMy WebLinkAboutAgenda - 01/29/2013 - Firefighter's Pension Fund Board 10/11/12
VILLAGE OF OAK BROOK
BOARD OF TRUSTEES OF FIREFIGHTERS PENSION FUND
WEST WING CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
Regular Meeting Agenda
Tuesday, January 29, 2013
9:00 AM
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENT (limited to 3 minutes per person)
4. APPROVAL OF MINUTES
a. October 23, 2012 regular meeting minutes
b. Conduct a six-month review of closed session minutes, if any
5. PRESENTATION AND APPROVAL OF THE BILLS – 4th Quarter 2012 disbursements
6. DISCUSS ACTUARIAL ASSUMPTIONS for 12/31/2012 valuation – Foster and Foster
7. INVESTMENT PERFORMANCE SERVICES
a. Review portfolio quarterly performance - possible action and acceptance of report
b. Review historical performance report
c. Review and update investment policy, if needed
8. UNFINISHED BUSINESS
a. Disability Update - Sean Smyth
b. Review Municipal Compliance Report, 2012 municipal contribution amount –distributed for Tab 13
9. NEW BUSINESS
a. Review and approve L&A 2013 annual pensioner increases report – distributed for binder, Tab 7
b. Review and update active membership records
c. Renewal of Fiduciary Liability Insurance, 04/30
10. INFORMATION & UPDATES
a. Election procedures – there are no elections or re-appointments this year
b. IRS increased mileage rate to .56 ½ cents (.565)
c. Statements of Economic Interest, board filing and completion of statements
d. L&A is currently mailing out 1099s, due by the end of January
e. Pensioner Affidavits of Continued Eligibility – 100% compliance
f. Review Trustee Training Summary, discuss 2013 plans
g. Rules and Regulations – distributed to board for binder, Tab 19
h. L&A engagement letter – distributed to board for binder, Tab 14
i. Record Retention, documents held at Lauterbach & Amen, LLP
11. EXECUTIVE CLOSED SESSION, if needed
12. ADJOURNMENT
Next Regular Board Meeting scheduled for April 23, 2013 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 acco mmodation 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.