HomeMy WebLinkAboutAgenda - 01/29/2015 - Firefighter's Pension Fund Board 1/20/2015
VILLAGE OF OAK BROOK
BOARD OF TRUSTEES, 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
Thursday, January 29, 2015
8:00 AM
AGENDA
1. TRUSTEES CONTINUING EDUCATION SESSION – 8:00 am – 9:00 am
• Changes in assumptions for 2015 and use of long-dated Treasuries as a strategy
2. CALL TO ORDER
3. ROLL CALL
4. PUBLIC COMMENT (limited to 3 minutes per person)
5. APPROVAL OF PRIOR MEETING MINUTES
a. October 31, 2014 regular meeting minutes– in board packet
b. December 9, 2014 special meeting minutes (D&Os) – in board packet
c. Conduct a semi-annual review of all closed session minutes – 09/02/2014 (2 hearings)
6. INVESTMENT PERFORMANCE SERVICES
a. Review and accept quarterly investment report – potential purchase and/or sale of securities, potential
portfolio balancing and/or hiring or termination of investment managers
b. Discussion regarding indexing assets, potential action
c. Review and update the investment policy statement, if needed
7. TREASURER’S REPORT
a. Update on 12/31/2014 Actuarial report, set special meeting for review
b. Discuss special meeting with Village regarding actuarial assumptions
8. ACCOUNTANT’S REPORT
a. Review and accept monthly financial report– in board packet
b. Approve Warrant List, vendor checks report – in board packet
9. INFORMATIONAL ITEMS AND UNFINISHED BUSINESS
a. Trustee Training Summary – in board packet
b. Update on IDOI compliance audit, response to Summary of Findings, if available
c. New IRS mileage rate for 2015 $0.575/mile
d. Statements of Economic Interest - confirm that the Village has identified with the County
e. Update on Lt. Mark Schoppe, Administrative Review; change to retirement pension (possible action)
10. NEW BUSINESS
a. Accept new hires: Gino Picciola and Connor Doran, need new hire info: DOH and Tier
b. Approve annual pension increases (COLAs) – in board packet
c. Approve renewal of Fiduciary Liab Insurance policy, effective 04/30/15
d. Prepare election procedures and seek reappointments for terms ending 04/30/2015 – Active member:
John Fagan; Retired member: Mark Fleishman; Appointed members: T. Schlindwein, G. Kouba
11. CLOSED SESSION, if needed
12. ADJOURNMENT
Next Regular Board Meeting is scheduled for April 29, 2015 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 the Asst. Village Manager, at (630) 368-5022, as soon
as possible before the meeting date.