Agenda

NOTICE OF A REGULAR MEETING OF THE
ST. CHARLES FIREFIGHTER'S PENSION FUND
BOARD OF TRUSTESS

The Board of Trustees will conduct a regular meeting on Wednesday, September 6, 2023 at 8:30 a.m. in the City Hall, Den A, 2 East Main Street, St. Charles, Illinois 60174, 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.) June 7, 2023 Regular Meeting

b.) Semi-Annual Review of Closed Session Meeting Minutes

c.) Review/Approve – Destruction of Remote Meeting Recordings

5. City Treasurer’s Report

a.) Quarterly Financial Report

b.) Discussion/Possible Action – Cash Management Policy

6. Investment Reports

a.) FPIF – Marquette Associates

b.) FPIF – Statement of Results

7. Communications and Reports 

8. Trustee Training Updates

a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses

9. Applications for Membership/Withdrawals from Fund

a.) Application for Membership – Michael Compton

b.) Deceased Pensioner/ Refund of Excess Contributions – Timothy McCarthy

10. Applications for Retirement/Disability Benefits 

11. Old Business

a.) Reciprocity Update – Derek Mortensen

b.) FOIA Officer & OMA Designee

12. New Business

a.) Presentation and Recommendation of May 1, 2023 Actuarial Valuation Report and Recommended Tax Levy

b.) Review/Adopt – Municipal Compliance Report

c.) IDOI Annual Statement

d.) Board Officer Elections – President and Secretary

13. Closed Session, if needed

14. Adjournment

ADA Compliance

Any individual with a disability requesting a reasonable accommodation in order to participate in a public meeting should contact the ADA Coordinator, Jennifer McMahon, at least 48 hours in advance of the scheduled meeting. The ADA Coordinator can be reached in person at 2 East Main Street, St. Charles, IL, via telephone at (630) 377 4446 or 800 526 0844 (TTY), or via e-mail at jmcmahon@stcharlesil.gov. Every effort will be made to allow for meeting participation. Notices of this meeting were posted consistent with the requirements of 5 ILCS 120/1 et seq. (Open Meetings Act).