ST. CHARLES POLICE PENSION BOARD
Wednesday, June 7, 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 – March 1, 2023
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 – Bank Resolution
E. Review/Approve – Cash Management Policy / Update as needed
F. Review/Approve – Letters of Credit/Collateralization Agreement Update
5. OLD BUSINESS – PREVIOUS ITEMS REVIEWED ON AGENDA
A. Review/Approve – Trustee Election Results
B. Discussion/Action – Elect Trustee Officers
6. QUARTERLY FINANCIAL REPORT/PRESENTATION OF BILLS FOR DISBURSEMENT
A. Review/Approve – Expenditure List (Addendum A)
7. APPLICATIONS FOR MEMBERSHIP
A. Discussion/Approval – Membership - Henderson
8. APPLICATIONS FOR BENEFITS
A. Discussion/Action – Disability - Kern
B. Discussion/Action – Application for Disability – Anyon (Status)
C. Discussion/Approval – Retirement – Grove
D. Discussion/Approval – Retirement – McCowan
E. Discussion/Approval – Retirement – Schomer (deferred)
9. ATTORNEY’S REPORT
10. NEW BUSINESS
A. 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).