HomeMy WebLinkAbout07/23/2024 PPFB AgendaVillage of Mount Prospect
Police Pension Fund Board
Regular Meeting Agenda
911 E. Kensington Rd. Mount Prospect, IL 60056
July 23, 2024 Mount Prospect Police Department 2:00 PM
1. Call to Order
2. Roll Call
3. Public Comment
4. Approval of Minutes
4.1. a. April 23, 2024 Regular Meeting
b. Semi -Annual Review of Closed Session Minutes
5. Accountant's Report — Lauterbach & Amen, LLP
5.1. a. Monthly Financial Report
b. Presentation and Approval of Bills
c. Additional Bills, if any
d. Discussion/Possible Action — Cash Management Policy
6. Investment Reports
6.1. a. Sawyer Falduto Asset Management, LLC
b. IPOPIF —Verus Advisory, Inc
i. State Street Statements
7. Communications and Reports
7.1. a. Active Member File Maintenance
8. Applications for Membership/Withdrawals from Fund
8.1. a. Application for Membership —Jake Andersen
9. Applications for Retirement/Disability Benefits
9.1. a. Deceased Pensioner — Ralph Timm/Approval of Surviving Spouse Benefits —
JoAnn Timm
10. Old Business
10.1.a. Military Buyback —Alan Thibeault and Wylie Shaffer
b. Portability Updates — Alan Thibeault
c. IDOI Annual Statement
11. New Business
11.1.a. Review/Approve —Actuarial Valuation and Tax Levy Request
b. Review/Adopt — Municipal Compliance Report
c. Board Officer Elections — President, Vice President, Secretary and Assistant
Secretary
d. FOIA Officer and OMA Designee
e. Review/Approve — Fiduciary Liability Insurance
12. Trustee Training Updates
12.1. a. Approval of Trustee Training Registration Fees and Reimbursable Expenses
13. Attorney's Report — Reimer Dobrovolny & LaBardi PC
13.1.a. QILDRO —Timothy Janowick
b. Annual Independent Medical Examination — Michael Rose
c. Legal Updates
14. Closed Session, if needed
15. Adjournment
The Staff contact for this meeting is Amit Thakkar: 847-818-5276
Any individual who would like to attend this meeting, but due to a disability needs additional
accommodations to participate, please contact the Staff Contact person identified above.