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HomeMy WebLinkAboutAgenda - 04/19/2019 - Firefighter's Pension Fund Board 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 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 this public meeting should contact the Butler Government Center (Village Hall), at (630) 368-5010, or for TDD response (630) 990-2131, as soon as possible before the meeting date. NOTICE OF A REGULAR MEETING OF THE BOARD OF TRUSTEES OF THE OAK BROOK FIREFIGHTERS’ PENSION FUND The Board of Trustees of the Oak Brook Firefighters’ Pension Fund will conduct a regular meeting on Friday, April 19, 2019 at 8:00 a.m. at 1200 Oak Brook Road, West Wing Conference Room of the Butler Government Center, Oak Brook, Illinois for the purposes set forth in the following agenda: REVISED AGENDA 1. CALL TO ORDER 2. ROLL CALL 3. TRUSTEE CONTINUING EDUCATION SESSION: 8:00 a.m. – 9:00 a.m. 4. SWEARING IN OF JIM BODONY TO THE PENSION FUND BOARD OF TRUSTEES 5. PUBLIC COMMENT – Limited to 3 minutes per person 6. APPROVAL OF MEETING MINUTES a. January 17, 2019 Regular Meeting Minutes b. Semi-Annual Review of Closed Session Meeting Minutes 7. ATTORNEY’S REPORT – REIMER & DOBROVOLNY, PC a. Annual Independent Medical Examination for Jennifer M. White b. Review/Possible Approval – QILDROs concerning Marc E. Johnson and Theodore W. Vassios c. Review/Possible Amendments – Pension Fund Administrative Rules and Regulations d. Legal Updates 8. INVESTMENT REPORT – SAWYER FALDUTO ASSET MANAGEMENT, LLC a. Quarterly Investment Performance Report a. Review/Update Investment Policy – if needed b. Discussion/Possible Action – Authorization to Transfer Tax Deposits to Schwab Account 9. ACCOUNTANT’S REPORT – LAUTERBACH & AMEN, LLP a. Monthly Financial Report b. Presentation and Approval of Bills c. Additional Bills, if any i. Foster & Foster, Inc. Invoice ii. Illinois Department of Insurance Compliance Fee 10. TRUSTEE TRAINING UPDATES a. Approval of Trustee Training Registration Fees and Reimbursable Expenses 11. COMMUNICATIONS OR REPORTS a. Affidavits of Continued Eligibility b. Statements of Economic Interest 12. APPLICATIONS FOR MEMBERSHIP OR WITHDRAWALS FROM THE FUND 13. APPLICATIONS FOR RETIREMENT OR DISABILITY BENEFITS a. Approval of Regular Retirement Benefits – Theodore W. Vassios 14. OLD BUSINESS a. Status Update – Closing of the MB Financial Checking Account/Balance to Schwab Account b. IDOI Annual Statement 15. NEW BUSINESS a. Review Preliminary Actuarial Valuation – Foster & Foster, Inc. b. Expenditure for New Key Box– Pension Files c. Review/Possible Approval – Fiduciary Liability Insurance Renewal 16. CLOSED SESSION – IF NEEDED 17. ADJOURNMENT