HomeMy WebLinkAboutAgenda - 01/22/2019 - Police Pension Fund Board
BOARD OF TRUSTEES OF POLICE 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 22, 2019
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENTS
4. APPROVAL OF MINUTES
a. Approval of Regular Meeting Minutes of October 25, 2018
5. CONSENT AGENDA
a. Approval of expenditures for month ended September 30, 2018 in the amount of $243,103.26
b. Approval of expenditures for month ended October 31, 2018 in the amount of $239,497.04
c. Approval of expenditures for month ended November 30, 2018 in the amount of $225,257.29
d. Approval of expenditures for month ended December 3 1, 2018 in the amount of $239,097.65
e. Approval of Reimer & Dobrovolny, PC invoices in the amount of $1,051.04 for legal services rendered
in June through August 2018
f. Approval of Lauterbach & Amen, LLP invoices for professional services regarding FYE17 MCR and
October 2018 Accounting Service fees in the total amount of $1,435.00
g. Approval of INSPE Associates, Ltd. Invoice in the total amount of $8,540.40
h. Approval of reimbursement to Pension Clerk Kane in the amount of $264.75 for pension conference
lodging for President Torlo
i. Approval of Illinois Public Pension Fund Association 2019 Membership Dues in the amount of $795.00
j. Approval of Taiber Kosmala third quarter investment consulting fees’ invoice in the amount of
$7,000.00
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. NEW BUSINESS
a. Taiber Kosmala and Associates, LLC Report on Fourth Quarter, 2018
b. MB Financial Investment Management Performance Report on Fourth Quarter, 2018
c. Approval of Investment Transactions for Fourth Quarter, 2018
d. Ratification of 2019 Pension Increases
e. Discussion/action regarding 2019 Actuarial Assumptions
f. Discussion/action regarding Lauterbach & Amen, LLP Engagement Letter for services 2019-2023
g. Ratification of Application for Members Pension Benefits Retirement Pension of Parry Barnes
h. Approval of Application for Membership in the Oak Brook Police Pension Fund of Ryan White (hired
1/2/2019)
8. PENDING BUSINESS
a. Discussion/action regarding disability matter
9. INFORMATION & UPDATES
a. Scheduling of second quarterly meeting in 2019
10. ADJOURNMENT
REVISED 1/21/19