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Home My WebLink About10/23/2018 FFPB MinutesMOUNT PROSPECT FIREFIGHTERS' PENSION FUND Tvt(.aaa t poispecc 1 112 E. Northwest Highway Mount Prospect, Illinois 60056-3232 F►RF Brian Lambel Fire Chief MINUTES OF A REGULAR MEETING OF THE BOARD OF TRUSTEES OCTOBER 23, 2018 A regular meeting of the Board of Trustees of the Mount Prospect Firefighters' Pension Fund was held on Tuesday, October 23, 2018 at 8:30 am at the Mount Prospect Fire Station, 112 East Northwest Highway, Mount Prospect, Illinois, pursuant to notice. CALL TO ORDER: The meeting was called to order by Trustee Lambel at 8:34 am. ROLL CALL: PRESENT: Trustees Brian Lambel, Joe Knoll, Sam Baas, Dave Erb and Joe Vena ABSENT: None ALSO PRESENT: Mary Nye and Howard Pohl, AndCo Consulting; Cary Collins (arrived at 8:50 am), Collins & Radj a; Alex Michael, Lauterbach & Amen, LLP (L&A) PUBLIC COMMENT: There was no public comment. APPROVAL OF MEETING MINUTES: July 24, 2018 Regular Meeting Minutes: The Board reviewed the minutes from the July 24, 2018 regular meeting. A motion was made by Trustee Baas and seconded by Trustee Lambel to approve the July 24, 2018 regular meeting minutes as written. Motion carried unanimously by voice vote. TREASURER'S REPORT: Quarterly Financial Report: The Board reviewed the Quarterly Financial Report that was prepared by Trustee Erb for the quarter ending September 30, 2018. The total market value of the fund as of September 30, 2018 is $68,100,000 with an unrealized loss of ($540,000). The report also included an income statement, a summary of all investment activity, a summary of disbursements, and a detailed schedule of investment holdings for the quarter. A motion was made by Trustee Knoll and seconded by Trustee Lambel to approve the Quarterly Financial Report for the period ending September 30, 2018, as prepared by Trustee Erb. Motion carried unanimously by voice vote. Thomas Hoskinson Reimbursement: Trustee Erb informed the Board that the $190.00 reimbursement to Trustee Hoskinson was a data entry error that will be reconciled prior to year- end. No further action is needed. Presentation and Approval of Bills: The Board reviewed the Vendor Disbursements Report prepared by Trustee Erb for the period July 1, 2018 through September 30, 2018, for a total disbursement of $28,641.83. A motion was made by Trustee Knoll and seconded by Trustee Baas `MN Mount Prospect Firefighters' Pension Fund Meeting Minutes — October 23, 2018 Page 2 of 4 to approve the Vendor Disbursements Report in the amount of $28,641.83 as presented. Motion carried by roll call vote. AYES: Trustees Baas, Erb, Lambel, Knoll and Vena NAYS: None ABSENT: None Additional Bills: There were no additional bills presented for approval. INVESTMENT REPORT — ANDCO CONSULTING: Quarterly Investment Report: Mary Nye and Howard Pohl from AndCo Consulting presented the Quarterly Investment Report. Howard Pohl discussed the current and projected market conditions. As of September 30, 2018, the market value of the portfolio is $67,766,356, with a return on investment of $1,767,472 for the quarter. The portfolio composition is 43% in domestic equities; 9.6% in international equities; 33.8% in total fixed income; 8.9% in real estate; .1% in cash; and 4.7% in total emerging markets. Current asset allocations within the equity and fixed income funds were reviewed, as well as individual fund performance, comparative performance and investment fees. All questions were answered by Mary Nye and Howard Pohl. A motion was made by Trustee Knoll and seconded by Trustee Erb to accept the Quarterly Investment Report as presented. Motion carried by roll call vote. AYES: Trustees Baas, Lambel, Knoll, Erb and Vena NAYS: None ABSENT: None Attorney Collins joined the meeting at 8:50 am. Ms. Nye distributed a Proposed Rebalanced Portfolio and reviewed the recommendations with the Board. Ms. Nye suggested transferring $200,000 from Vanguard Windsor 11, $900,000 from Vanguard Morgan Growth, $700,000 from AF Growth and $1,000,000 from T. Rowe Price and to reallocate the proceeds as follows: $650,000 into Galliard, $650,000 into Segall Bryant and $1,500,000 into IPTIP. A motion was made by Trustee Knoll and seconded by Trustee Lambel to accept Ms. Nye's recommendations as presented. Motion carried by roll call vote. AYES: Trustees Baas, Lambel, Knoll, Erb and Vena NAYS: None ABSENT: None Ms. Nye requested authorization from the Board to work directly with Trustee Erb prior to December 31, 2018 in order to reallocate additional funds from the Board's equity portfolio into the fixed income portfolio to comply with state statute, if necessary. A motion was made by Trustee Lambel and seconded by Trustee Baas to authorize AndCo to work directly with Trustee Erb if necessary. Motion carried by roll call vote. AYES: Trustees Baas, Lambel, Knoll, Erb and Vena NAYS: None ABSENT: None Review/Update Investment Policy Statement: There were no recommended changes to the Investment Policy at this time. KZ.SfiN Mount Prospect Firefighters' Pension Fund Meeting Minutes — October 23, 2018 Page 3 of 4 COMMUNICATIONS AND REPORTS: Affidavits of Continued Eligibility: The Board noted that Affidavits of Continued Eligibility will be mailed to all pensioners in December. A status update will be provided at the next regular meeting. APPLICATIONS FOR MEMBERSHIP/WITHDRAWALS FROM THE PENSION FUND: Application for Membership Vito La Porta and Matt Dahl: The Board reviewed the Applications for Membership submitted by Vito La Porta and Matt Dahl. A motion was made by Trustee Baas and seconded by Trustee Erb to accept Vito La Porta and Matt Dahl into the Mount Prospect Firefighters' Pension Fund effective October 1, 2018 as Tier II participants. Motion carried by roll call vote. AYES: Trustees Baas, Lambel, Knoll, Erb and Vena NAYS: None ABSENT: None Creditable Service Purchase Brennan Kenneally: The Board discussed engaging L&A to prepare a calculation for Brennan Kenneally to transfer his creditable service from Mount Prospect Fire to Chicago Fire. A motion was made by Trustee Lambel and seconded by Trustee Vena to engage L&A to complete the calculation in an amount not to exceed $250.00. Motion carried by roll call vote. AYES: Trustees Baas, Lambel, Knoll, Erb and Vena NAYS: None ABSENT: None Contribution Refund Nickolas Kelm: The Board reviewed the contribution refund request submitted by Nickolas Kelm. A motion was made by Trustee Lambel and seconded by Trustee Baas to approve Nickolas Kelm's contribution refund in the amount of $9,519.69. Motion carried by roll call vote. AYES: Trustees Baas, Lambel, Knoll, Erb and Vena NAYS: None ABSENT: None APPLICATIONS FOR RETIREMENT/DISABILITY BENEFITS: There were no applications for retirement or disability benefits. OLD BUSINESS: Discussion/Possible Action Chicago Clearing Company: The Board discussed inviting Chicago Clearing Company to the next scheduled Board meeting to present their services. The Board directed L&A to reach out to Chicago Clearing Company and either invite them to the next meeting or request that they send the Board some information. Further discussion will be held at the next regular meeting. Review/Approve Actuarial Valuation and Tax Levy Request: The Board reviewed the Actuarial Valuation prepared by Nyhart. Based on data and assumptions, the recommended municipal contribution is $3,375,839 and the Village will be contributing $3,391,000 to the Mount Prospect Firefighters' Pension Fund. A motion was made by Trustee Lambel and seconded by Trustee Baas to accept the Actuarial Valuation as prepared and to request a tax levy in the amount of $3,375,839 from the Village based on the recommended amount stated in the Actuarial Valuation prepared by Nyhart. Motion carried by roll call vote. Ell neffiN Mount Prospect Firefighters' Pension Fund Meeting Minutes — October 23, 2018 Page 4 of 4 AYES: Trustees Baas, Lambel, Knoll, Erb and Vena NAYS: None ABSENT: None Review/Adopt Municipal Compliance Report: The Board was informed that the Municipal Compliance Report is in the process of being finalized. A motion was made by Trustee Lambel and seconded by Trustee Baas to adopt the MCR and to authorize signatures by the Board President and Secretary, once the report is finalized. Motion carried unanimously by voice vote. NEW BUSINESS: 2019 Board Meeting Dates: The Board established the 2019 Board meeting dates as January 22, April 23, July 23 and October 22, 2019 at 8:30 am located at the Mount Prospect Fire Station, 112 East Northwest Highway, Mount Prospect, Illinois. TRUSTEE TRAINING UPDATE: The Board reviewed the Trustee Training Summary and was reminded to send all training certificates to L&A for recordkeeping. ATTORNEY'S REPORT: Annual Independent Medical Examination Eric Mertes, Jim East and Torrie Takoy: The Board noted that Eric Mertes, Jim East and Torrie Takoy attended their annual independent medical examinations and it was determined that they remain disabled at this time. Attorney Collins informed the Board that no further action is needed at this time. Disability Status Update Scott Skindingsrude: Attorney Collins apprised the Board that he is awaiting the Functional Capacity Exam on Scott Skindingsrude in order to schedule the initial independent medical evaluations. Further discussion will be held at the next regular meeting. Disability Status Update Tony Minarcik: Attorney Collins presented the Board with the final Decision and Order. A motion was made by Trustee Vena and seconded by Trustee Baas to approve and execute the Decision and Order for Tony Minarcik Motion carried unanimously by voice vote. CLOSED SESSION, IF NEEDED: There were no items to discuss in closed session. ADJOURNMENT: A motion was made by Trustee Erb and seconded by Trustee Vena to adjourn the meeting at 9:53 am. Motion carried unanimously by voice vote. The next regular meeting is scheduled for January 22, 2019 at 8:30 am at 112 East Northwest Highway, Mount Prospect, Illinois. Joseph Knoll, Board Secretary Date Approved by Board Minutes prepared by Alex Michael, Pension Services Administrator, Lauterbach & Amen, LLP 61n5N Mount Prospect Firefighters' Pension Fund Closed Session Meeting Minute Log Date of Closed Meeting Subject of Closed Meeting Date of Board Approval of Written Minutes Date the Recording is Eligible for Destruction Date of Board Approval of Recording Destruction Most Current Disposition of Written Minutes March 18, 2014 Disability Benefits Eric Mertes April 22, 2014 N/A N/A Never been released to public, no recording on file w/L&A Updated: July 27, 2016 6of19 6,68 f ! F'��1A� H ROAD ��41? Ph INR � N , lu V tlbvJ J9 , 6-0563 y LLP P.. , . . R�16('SCtiRBw (..20a 3933 1,k FAX 63R9 1R,) 251 R., wvr✓ w 4�usR:q+rrl B�e^rrua,i,.J,r,:ary H" TWIt fl PUBLIC A t;0lUW a N,') DEATH AUDIT SERVICE AUTHORIZATION Pension Fund Name: Lauterbach & Amen, LLP ("L&A") is pleased to announce our new complimentary service which is designed to help prevent the payment of benefits to a deceased member. Through a partnership with IPPFA, L&A has engaged the technology company LifeStatus360 ("LS360") which specializes in analyzing participant databases against deaths reported to various government bodies and regular obituary announcements. LS360 will provide daily death notifications to L&A which will enable a timely termination of benefits in the event that the Fund was not already made aware of the death. L&A and the IPPFA are confident in the safety of your data within LS360's system as it maintains the highest level of certifications for database security, in addition to its Class A rated security building. In order to administer this service: L&A will upload the Pension Fund's beneficiary information using LS360's secure web -based SaaS platform. This data will include names, birth dates, social security numbers and any other information requested by LS360 for the singular purpose of utilizing their Death Audit Services. o For the pension funds for whom L&A does not maintain pensioner records, this information will need to be provided to L&A by the Pension Board (for example, if L&A does not file the IDOI Annual Statement or provide Benefit Services or provide Actuarial Services). o All data submitted to L&A, including regular updates, must be in Excel format. o All external data provided to L&A will be deleted immediately upon completion of the upload of the information to LS360. If L&A is notified of the death of one of your pensioners, L&A will communicate this information to the designated Pension Fund representative as soon as possible. • This service will be in effect until the Board of Trustees provides L&A written direction to terminate the inclusion of the Pension Fund's records in the Death Audit Services, or until L&A terminates its engagement with LS360. The Board of Trustees would like to participate in this complimentary service. The Board of Trustees does not wish to use this complimentary service. (Please provide a Board member's initials as a reference of who provided this response.) By signing below, the Board of Trustees understands how L&A will use its information and agrees to the services as described above. L&A requires three (3) signatures in order to initiate services. Trustee Signature: Trustee Signature: Trustee Signature: Title: Title: Title: Date: Date: Date: * * * Designated Pension Fund representative authorized to communicate with L&A regarding this service*** Name: Title: Email: rL.SEN Chicago How Chicago Clearing helps IPPFA Clients Found money for pension funds: Securities class action settlements are class action cases involving securities, corporate bonds, mutual funds or other investment vehicles that are owned by many Police and Fire Pension Funds. A notice is typically received by the pension fund regarding the settlement. It is incumbent on the pension fund or individual to prove class qualification. This is a tedious and confusing job. As a result, many of these notices are discarded and the opportunity to, collect dollars is lost. Chicago Clearing Corporation (CCC) is a turnkey solution and will take care of the entire process. CCC works on contingency and is paid when settlement money is actually collected. There are no upfront or ongoing costs. The Solution: Chicago Clearing Corporation (CCC) can manage the entire process. Utilizing CCC's vast array of class action services is the astute way for Pension Funds to meet regulatory duty and recover dollars owed to the fund. Why Outsource to CCC? CCC is the industry leader in securities class action Services. Since 1993, CCC's vast experience and finely -honed expertise make CCC the class action industry's pioneer and peerless leader. Our advanced claims tracking methodology, data retrieval mastery, processing prowess and proprietary technologies, perfected with years of care, are unparalleled and sublime. CCC gathers your pension fund data from the Illinois Department of Insurance. Join the over 50 IPPFA Police and Fire Pension funds that rely on CCC to make sure all claims are filed in all cases. Let CCC manage the entire claim filing process. 19 Monitoring and notifying you of each potential case and claim. 0 Retrieving your historical data from the III Dept of Insurance. 0 Securely managing your historical trade data. 0 Continually scanning your data to flawlessly file each class action claim 0 Reporting all your securities class action activities securely online. 0 Sending retrieved dollars per your direction Fast, informed and friendly customer service. 8 Only cost is 20% of recoveries. s' CCC is SOC1 Level' 2 certified. 0 CCC will also file your antitrust class action claims. Class Action Claims Payouts Last years Next 10 years M 01 CCC CLIENTS And Growing MILLION Individual Accounts TRILLION In AUM MILLION Recovered For Our Clients We are the Securities Class Action Services Experts. 8 of 19 Call us at (312) 204-6970 or visit www,chcagocB�eau'ing.com to get started. 100, CCUs Tasks 01 IPPFA Member Tasks )FAs,, nbers 000 9 of 19 Assignment and Agency Agreement This Assignment and Agency Agreement (the "Agreement") is entered into as of the acceptance date set forth below (the "Acceptance Date") between the undersigned customer ("Customer") and Chicago Clearing Corporation ("CCC"). Customer appoints CCC as Customer's agent and attorney-in-fact with full power and authority to act for the Customer and in the Customer's name (to the full extent the Customer could act in person) and authorizes CCC to take any action necessary or advisable in CCC's judgment to prepare, file, accept and process securities claims, distributions resulting from the claims ("Settlement Payments"), government filings, and any required supporting documentation with the Claims Administrator ("CA") on behalf of Customer or Customer's clients ("Clients"), for those securities class action settlements listed with claim forms and periodically updated at www.chicagoclearing.com ("Settlements"). The Customer and its clients acknowledge that they will be bound by the releases included in any settlement for which CCC obtains Settlement Payments on their behalf. Customer will give its best efforts to assist CCC in the timely submission of the Clients' claim(s) to the CA. Customer authorizes CCC, without limitation, to: (a) request, gather and/or copy all necessary documentation to file claim(s) on each Client's behalf; (b) forward to the CA any materials necessary to complete Client's claim(s) in the Settlements; (c) accept, endorse, deposit and otherwise deal with any check, instrument or other payment from the CA; and (d) cause others to take these actions. Customer represents and warrants to CCC that: (a) it is the authorized representative of the Clients; (b) it has the authority to appoint CCC as the Clients' duly authorized agent as set forth in this Agreement; (c) it will provide Client trade data that complies with CCC's data requirements; (d) all information provided to CCC will be accurate and complete, (e) it has not previously submitted documentation and claim form(s) to the CA in the Settlements on behalf of its Clients, nor will it submit the same or similar documentation and claim form(s) to the CA after the Acceptance Date; and (f) it has not and will not authorize any other person to file claim(s) or accept Settlement Payment(s) on Clients' behalf. In consideration of filing claim(s), CCC will direct the CA to distribute Settlement Payments to CCC. Customer authorizes CCC to deduct its fee of 20% of the Clients' pro rata share of the Plan of Allocation of the Settlements, provided that the Customer complies with CCC data requirements, plus any other related expenses mutually agreed upon by the parties. CCC will forward the balance of the Settlement Payments per the Customer's instruction. The following terms and conditions apply: (a) CCC's responsibilities to Customer and Clients are limited to those set forth above; (b) CCC is not providing legal or other advice; (c) CCC's obligations and liabilities under this Agreement shall be terminated 30 days after written notice from either party; (d) notwithstanding termination of this Agreement, CCC and Customer share a beneficial interest in the securities claims and distributions, and this appointment is coupled with an interest and is irrevocable for claims filed prior to termination; (e) CCC will continue to deduct its fee and forward the balance of the Settlement Payments per Customer's instructions for all claims filed prior to termination; (f) pursuant to 15 USC, Subchapter I, §6802, CCC will maintain any specific information in Customer's claim form(s) and supporting documentation as confidential and not use or disclose it for any reason, except to complete the claim(s) or by permission of the Customer; (g) Customer fully waives and agrees not to assert against CCC any known or unknown claims or liabilities which arise out of or relate to the Customer's own act or omission against CCC in connection with this Agreement, provided, however, that Customer does not release CCC from any claim or liability arising from CCC's gross negligence or willful misconduct ; (h) Customer shall indemnify CCC from and against all claims and liabilities relating to or arising out of this Agreement that are caused by Customer's acts or omissions, provided that Customer shall not indemnify CCC from any claim or liability arising from CCC's gross negligence or willful misconduct; (i) this Agreement solely benefits the parties hereto and creates no rights enforceable by any third party; Q) if Customer receives payment from the CA, Customer agrees to immediately forward the entire payment to CCC; (k) this Agreement is governed by the internal laws of the State of Illinois, and proper venue lies in any Federal or State Court located in Chicago, Illinois; and (1) this Agreement supersedes all (and neither party is relying on) any prior agreements, representations and discussions concerning the subjects covered in this Agreement. This Agreement is accepted and agreed to by: Chicago Clearing Corporation Customer: By: Signature: IMn5M Its Name (printed): Acceptance Date: Title, If Representative: "l nofN Page 1 of 1 12 of 19 Certified Trustee Training Organization: Imt. Prospect Fire Pension Fund Year: (August 2018 -August 2019 SAM BAAS Hours Required Type of Training Hours Completed Date Completed Cert on File 1 16 2 IPPAC Continuing Education Training 16 10/24/2017 X 3 IPFA 8 11/3/2017 X 4 5 6 DAVE ERB Hours Required Type of Training Hours Completed Date Completed Cert on File 1 16 2 3 4 5 6 JOE KNOLL Hours Required Type of Training Hours Completed Date Completed lCertonFile 1 16 I P PAC 16 10/31/2017 X 2 3 4 5 6 BRIAN LAMBEL Hours Required Type of Training Hours Completed Date Completed Cert on File 1 16 IPFA 8 11/3/2017 X 2 3 4 5 6 JOE VENA Hours Required Type of Training Hours Completed Date Completed Cert on File 1 16 2 3 4 5 6 Page 1 of 1 12 of 19 40 �a � IPPAC Annual Spring Conference When: May 15 — 17, 2019 Where: Jumer's Casino & Hotel 777 Jumer Drive Rock Island, IL 61201 New and Current Board Member Training Course New Board Members 32 II°Ilc uirs Il ir'rc:Iludes 8 II°hours Et.:hc:s 24 Il hours.... INo Et.:hc:s Current Board Members- 16 Hours 8 II°Ilc uirs Et.:h cs 8 II...IIc uirs Ccyir'yt.:iiir'yuiiing i::::r. uca1t.:iicyin New fire and police pension board members, according to Illinois State Law (40 ILCS 5/1-109.3 new), must complete a total of 32 hours of training within one year of election or appointment to the pension board. This 32 -hour training, presented by the Illinois Public Pension Advisory Committee and Judson University's Leadership Development Group, is a combination of 24 hours of new member training and eight hours of ethics training. When taken together they meet the 32 -hour requirement. Because these courses are offered in a stand-alone format, we are able to offer you the option of taking either 24 hours of training or the full 32 hours in order to fulfill the requirement set forth in Illinois State Law. For a limited time, Police & Fire Pension Board trustees are invited to register for the On-line Training Course offered through Judson University Leadership Development Group for an introductory price. Successful completion of the course fulfills annual training requirements under 40 ILCS 5/1- 109.3(b) and 40 ILCS 5/1-113.18. 24 -Hour New Member Training You should take the 24-hour course if you have taken an ethics course either through IPPAC/Judson University or somewhere else since becoming a new pension board member. 32 -Hour New Member Training You should take the 32 -hour course if you have not taken any ethics course since becoming a new pension board member. Judson University is offering a discount on both courses when taken together through their institution. During the New Pension Board Member Training, you will accomplish the following objectives: • Complete the requirements of the State of Illinois to remain in compliance • Describe the duties and liabilities of a fiduciary • Identify the process for adjudication of pension claims • Develop basic accounting skills • Understand the Illinois Open Meetings Act and the Illinois Freedom of Information Act • Learn foundational investment knowledge 13 of 19 8 -Hour Continuing Education Caring for Your Pension Board This 8 -hour online course covers basic leadership knowledge such as goal setting, power base usage, influence strategies, managing conflict, and problem solving. The benefit of taking this course online is that you can access it anytime -24/7. Because it is in an online format you can work at your own pace, and come and go as you like. All of your coursework is saved electronically, so there's no risk of losing any information. For the 16 -hour continuing education requirement for current trustees, in addition to this 8 -hour continuing education course, you should also take the 8 -hour Ethics course. 32 Hour New Member Training Option (Includes Ethics) Currentr IF PAC Member Large Fund .l...rustree (Over 2.5 million in ossetrs):. S00 "mall Fund Ird,6..".»'t"ki e (L.e"»"» than 2.5 million in a..".»..".»e't:."):. '400 Non -member Fund Trus tee: $650 24 Hour New Member Training Option (Does not include Ethics) Curr: nt II PAC Merral" er Large Fund Trus tee:. 375 "/mall Fund Trus tee:. 300 Non ...merraberFund .l...rustee:. STILI 8 Hour Continuing Education tura ntr II PAC Merral" er Large Fund Trus tree: $125 "/mall Fund Trus tree: $CULT Non ...merraberFund .l...rustee:. 200 8 Hour Ethics Training Course Each year, fire and police pension board members are required by Illinois law (40 ILCS 5/1-113.18) to complete eight hours of Ethics training. This online course, presented by the Illinois Public Pension Advisory Committee and Judson University's Leadership Development Group, meets the eight-hour requirement for the May – April statute year. The benefit of taking this course online is that you can access it anytime -24/7. Because it is in an online format you can work at your own pace, and come and go as you like. All of your coursework is saved electronically, so there's no risk of losing any information. In this course you will be guided through practical content using case studies and interactive discussions. During the Ethics Training Course, you will accomplish the following objectives: • Complete the requirements of the State of Illinois to remain in compliance • Define ethics and ethical values • Describe responses to possible ethical dilemmas • Identify an ethical framework and warning signs of unethical behavior • Understand the relationship between statutes, case law, and ethics The online version of the eight-hour Ethics Training Course is available for the following price reduced price through June 30, 2017: O'urrent 11111A Member Fund Trustee Large Funds:. 125.00 O'urrent /11PAC Member Fund Trustee Small Funds:. 100.00 Non-member Fund Trustee:. 200.00 `[elffi7 To receive the IPPAC member rate for this training you will be asked to provide your fund's member number for the year during the registration process. Member numbers will be provided to each fund that is current in their membership dues. Please check with your fund's secretary for your member number. Once registration has been processed and payment has been received, participants will receive a confirmation email within five business days containing their username, password, and instructions needed for logging into the Judson University Blackboard Academic Suite" Upon fully completing any of the courses, participants will be able to print their own certificates of completion. If you need assistance at anytime during this process, or if you need more information about this course or other courses offered, please contact: Sue Collins I PPAC 847-519-1648 IBS. EN 2019 IPPFA Trustee Training Opportunities ILLINOIS PENSION CONFERENCE WHEN: Tuesday, April 30, 2019 — Friday, May 3, 2019 WHERE: Embassy Suites by Hilton 100 Conference Center Drive East Peoria, IL 61611 ACCOMODATIONS: Onsite — Embassy Suites by Hilton, East Peoria IPPFA Rate: $152.00/night Off Site — Holiday Inn & Suites, East Peoria MIDAMERICAN PENSION CONFERENCE WHEN: Tuesday, October 1, 2019 — Friday, October 4, 2019 WHERE: Grand Geneva Resort 7036 Grand Geneva Way Lake Geneva, WI 53147 ACCOMODATIONS: Onsite — Grand Geneva Resort, Lake Geneva IPPFA Rate: $138.00/night Off Site — Holiday Inn Club Vacations at Lake Geneva Resort Group Name: IPPFA Group Code: IPP IPPFA ONLINE SEMINAR COURSES WHEN: Ongoing • Online 8 hr seminar (Recorded Spring, 2018) WHERE: IPPFA Website: www.ippfa.org/education/online-classes/ COST: IPPFA MEMBER: $250.00/seminar IPPFA NON-MEMBER: $450.00/seminar -each online seminar satisfies 8 hours of the required continuing pension trustee training WHEN: Ongoing • Online 8 hr seminar (Recorded Spring, 2016) WHERE: IPPFA Website: www.ippfa.org/education/online-classes/ COST: IPPFA MEMBER: $250.00/seminar IPPFA NON-MEMBER: $450.00/seminar -each online seminar satisfies 8 hours of the required continuing pension trustee training 16 of 19 VIII IIIIII IIIIII ° ° VIII ° ° IIIIII VIII IIIIII IIIIII IIIIII " "' Earn Your Annual Training Requirements • Unusual Benefit Issues for Tier I and Tier II Firefighters • Setting Actuarial Assumptions: Understanding the Professional Sessions and Fiduciary Responsibilities • Scared Straight: Questions Every Trustee Should Ask in Fulfilling will include: Fiduciary Duties • Chasing Investment Returns While Managing Risk: Best Practices in Investments • Challenges of an Aging Pension Fund Membership ■ Pros and Cons of Pension Fund Consolidation ■ Health and Wellness Issues in Hiring and Employment of Firefighters Registration can be made online at niafpd.org ��. . Pension Conference � �� .�� ^�^,��u��K��K��.�K��—�� — �� '�� -u-��'�� Embassy Suites 11by 11 filtoin 100 Coinfeireince Center Dirive, East Peoiria, 111iiinois, 61611, USA Forcmer ]O years the |PPFA has offered Public Pension Tnusteesthe best and latest in trustee training. With the recent tar reaching changes in pension law and with the difficult challenges yet to conne, the |PPFA strives to prepare pension trustees for the future. Pleasejoin us forTraining in Ethics, |nvestnnent Procedures, FiduciaryResponsibUities, Lega|and Legis|ativeUpdates,and nnuch,nnuchnnoneand all with nationally renowned speakers. 0 The 2019 |PPFA U|inois Pension Conference will again be held at the 0 Thedates for the 2O19|PPFAU|inoisPension Con fenenceisApril ](l2O19thnu�May],2O19. 0 2O19Prospectus for Exhibitors 0 2019 U|inois[aU for Presentations 0 2019 U|inoisConference Sponsorship Fornn Accommodations: Fhe PPFA rate is $152.00 per night, Embassy Suites by Hilton East Peoria, Illinois hotel guests get more with every stay, like free made-to-order breakfast, complimentary appetizers and beverages at the nightly Evening Reception and every room is a two -room suite with free parking. Overflowing Accommodation: Holiday Inn & Suites East Peoria Gollf IDetaiUs: |PPFA UUnois Pension Conference Golf Outing will be held at the Weaver Ridge Golf Club in Peoha,UUnois. 2019 IPFA SPRING PENSION SEMINAR Friday May 3, 2019 Black Shift Empress Banquets 200 East Lake Street Addison, IL 60101 630-279-5900 SEMINAR REGISTRATION FORM Municipality, (please print or type) District, or Firm: Address: City: , IL Zip: Phone: SEMINAR FEES: IPFA Members: $ 145.00 Non -Members: $ 185.00 Walk -In Registration: $ 195.00 Avoid the walk-in surcharge — register on or before Monday, October 29, 2018 First Name: Last Name: e-mail Address: Member Non -Member T T TOTAL CHECK ENCLOSED $ Payment must accompany this Registration Form and be received in our office on or before Monday, April 29th to qualify for lower rates. Reservations received after the above date will be charged walk-in registration fee. Requests for refunds also must be received on or before Monday, April 29th for full fee refunds. No refunds of seminar fees after this date. Please mail the completed form to IPFA, 188 Industrial Drive, Suite 134, Elmhurst, IL 60126-1608, fax it to 630-833-2412, or scan & e-mail to lefq,,(a g2L.22izr . Any questions, call 630-833-2405. For Tax Reporting Purposes our Federal I.D. Number is: 36-2650496. The Illinois Pension Statute requires continuing education for all pension board members. This seminar provides up to 8 hours of credits. For IPFA Office Use: Date: Check #: Amount: Payer: 19 of 19