Agenda - 07/30/2014 - Firefighter's Pension Fund Board 7/24/2014
VILLAGE OF OAK BROOK
BOARD OF TRUSTEES, FIREFIGHTERS PENSION FUND UPPER LEVEL CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
Regular Meeting Agenda
Wednesday, July 30, 2014
8:00 AM
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. TRUSTEES CONTINUING EDUCATION SESSION – 8:00 am – 9:00 am
a. Asset and Liability Modeling – forecasting risk and return, methods and shortcomings
4. PUBLIC COMMENT (limited to 3 minutes per person)
5. APPROVAL OF PRIOR MEETING MINUTES
a. April 25, 2014 regular meeting minutes – in board packet
b. June 6, 2014 special meeting (Schoppe hearing) minutes – in board packet
c. Conduct a review of any closed session minutes
6. INVESTMENT PERFORMANCE SERVICES
a. Review quarterly investment report – potential purchase and/or sale of securities, potential portfolio
balancing and/or hiring or termination of investment managers, accept report
b. Review asset allocation alternatives, discuss cash balances & mutual fund reinvestment options,
recommended benchmark change for Vanguard REIT Index fund (amend Appendix B to investment
policy), discuss indexation of US large cap equity allocation
7. ACCOUNTANT’S REPORT
a. 12/31/2013 IDOI Annual Statement completed, Certification Form filed 07/07/2014
b. Review monthly financial report– in board packet, accept report
c. Approve Warrant List of disbursements – in board packet
8. INFORMATIONAL ITEMS AND UNFINISHED BUSINESS
a. Trustee Training Summary – in board packet
b. Annual Affidavits of Continued Eligibility, due 7/31, results so far
c. Review and update membership records
d. Conduct annual medical evaluations of disabled members under 50 – possible action
e. Discussion of the Oak Brook Board of Trustees’ decision on the actuary studies
f. Current status of FF Jennifer White’s disability application, consider possible hearing dates
9. NEW BUSINESS
a. Ratify non-duty disability benefits for Lt. Mark Schoppe
b. Accept new hires: Chief Barry Liss and Surie Turner into the Fund – need DOH and Tier status
10. CLOSED SESSION, if needed
11. ADJOURNMENT
Next Regular Board Meeting is scheduled for October 31, 2014 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.