ST. CHARLES POLICE PENSION BOARD
Wednesday, March 1, 2023
11:30 a.m. – Police Department 2nd Floor Training Classroom
1515 W. Main Street, St. Charles, Illinois
1. MEETING CALLED TO ORDER
2. ROLL CALL
3. APPROVE PREVIOUS MEETING MINUTES
A. Regular Meeting – December 7, 2022
4. INVESTMENT ACTIVITIES
A. Review/Approve – Quarterly Investment Manager’s Report
B. Review/Approve – IPOPIF Monthly Statements
C. Review/Approve – Verus – Monthly Report
D. Review/Approve – Cash Management Policy / Update as needed
E. Discussion/Action – Cash Flow
F. Review/Approve – Collateralization Agreement
G. Review/Approve – Letters of Credit
5. OLD BUSINESS – PREVIOUS ITEMS REVIEWED ON AGENDA
A. Discussion/Action – Cyber Security Insurance
B. Discussion/Approval – Fiduciary Insurance
6. QUARTERLY FINANCIAL REPORT/PRESENTATION OF BILLS FOR DISBURSEMENT
A. Review/Approve – Expenditure List (Addendum A)
7. APPLICATIONS FOR MEMBERSHIP
A. Discussion/Approval – Membership - Servatius
8. APPLICATIONS FOR BENEFITS
A. Discussion/Action – Disability – Churney (Status)
B. Discussion/Approval – Disability - Kern
C. Discussion/Action – Application for Disability – Anyon (Status)
D. Discussion/Approval – Retirement – Ketelsen
9. ATTORNEY’S REPORT
10. NEW BUSINESS
A. Discussion/Action – Statement of Economic Interest Statements for Trustees
B. Discussion/Action – 2023 Trustee Elections
C. Executive Session – If needed
11. PUBLIC COMMENTS
12. 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).