HomeMy WebLinkAbout01/28/2020 FFPB Agenda
MOUNT PROSPECT FIREFIGHTERS’
PENSION FUND
112 E. Northwest Highway
Mount Prospect, Illinois 60056-3232
Brian Lambel - Fire Chief
NOTICE OF AREGULAR MEETING OF THE
MOUNT PROSPECT FIREFIGHTERS’ PENSION FUND
BOARD OF TRUSTEES
TheMount Prospect Firefighters’ Pension FundBoard of Trusteeswill conduct a regular meeting on
Tuesday,January 28, 2020at 8:30a.m. at the Mount Prospect Fire Department Headquarters located at
112 East Northwest Highway, Mount Prospect, Illinois60056,for the purposes set forth in the following
agenda:
AGENDA
1.Call to Order
2.Roll Call
3.Public Comment
4.Approval of Meeting Minutes
a.July23,2019Regular Meeting
b.Semi-Annual Review of Closed Session Meeting Minutes
5.Treasurer’s Report –Village Treasurer
a.Quarterly Financial Report
b.Presentation and Approval of Bills
c.Additional Bills, if any
6.Investment Report–AndCo Consulting
a.Investment Performance Review
b.Potential Sales or Purchases of Securities
c.Review/Update Investment Policy, if needed
7.Communications and Reports
a.Statements of Economic Interest
b.Affidavits of Continued Eligibility
c.2020 IRS Mileage Rate
8.Applicationsfor Membership/Withdrawals from PensionFund
9.Applications for Retirement/Disability Benefits
a.Deceased Pensioner –Ray Young/Approval of Surviving Spouse Benefit–Siv Young
b.Review/Approve Regular Retirement Benefit–Pat Clarke
10.Old Business
a.Review/Approve –Actuarial Valuation & Tax Levy Request
b.Review/Adopt –Municipal Compliance Report
11.New Business
a.Discussion/Possible Action –L&A Engagement Letter
b.Discussion/Possible Action –Engagement of L&A for Accounting & Benefit
Services
c.Approve Annual Cost of Living Adjustments (COLAs) for Pensioners
d.Review Trustee Term Expirations and Election Procedures
e.IDOI Annual Statement
12.Trustee Training Updates
a.Approval of Trustee Training Registration Fees and Reimbursable Expenses
13.Attorney’s Report–Collins & Radja
a.Annual Independent Medical Examinations–Eric Mertes and Torrie Takoy
b.Legal Updates
14.Closed Session –if needed
15.Adjournment
The Staff contact for this meeting is Chief Brian Lambel: 847-870-5660
Any individualwho would like to attend this meeting, but due to a disability needs
additionalaccommodations to participate, please contact the Staff Contact person identified above.