Agenda

REVISED 

ST. CHARLES POLICE PENSION BOARD 

Wednesday, December 4, 2024

12:30 p.m. – Police Department 2nd Floor Training Classroom 1515 W. Main Street, St. Charles, Illinois 

1. Call to Order
2. Roll Call
3. Public Comment
4. Approval of Meeting Minutes
   • a.)September 4, 2024 Regular Meeting
5. City Treasurer’s Report
   • a.)Quarterly Financial Report
   • b.)Discussion/Possible Action – Cash Management Policy
     1.   Repeat Monthly Withdrawals for 2025
6. Investment Reports
   • a.)Sawyer Falduto Asset Management – Quarterly Report
   • b.)IPOPIF – Verus Advisory, Inc.
   • c.)IPOPIF – State Street Statements
7. Communications and Reports
   • a.)Affidavits of Continued Eligibility
8. Trustee Training Updates
   • a.)Approval of Trustee Training Registration Fees and Reimbursable Expenses
9. Applications for Membership/Withdrawals from Fund
   • a.)Deceased Pensioner/Refund of Excess Contributions – Christopher Grove
   • b.)Separation of Service – Cody Schrader
10. Applications for Retirement/Disability Benefits
    • a.)Approve Regular Retirement Benefits – Brooks Boyce and Daniel Kuttner
    • b.)Approve Duty Disability Benefits – Steven Woloszyk
    • c.)Status of Disability Application – Melinda Anyon
11. Old Business
    • a.)Portability Updates – Thomas Coffield, Raymond Garcia, Dhaval Patel and Dalton Servatius
    • b.)IDOI Annual Statement
12. New Business
    • a.)Review/Approve – Annual Audit and Financial Statement
    • b.)Review/Approve – Updated Account Representatives Resolution and eCFM
    • c.)Discussion/Possible Action – Benefit Discrepancies
    • d.)Approve Annual Cost of Living Adjustments for Pensioners
    • e.)Establish 2025 Board Meeting Dates
13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC
    • a.)Legal Updates
    • b.)QILDRO – Dagoberto Jacobo
    • c.)Annual Independent Medical Examination – Scott Kern
    • d.)Review, Adopt and Publish Decision and Order – Steven Woloszyk
14. Closed Session, if needed
15. Adjournment

ADA Compliance