Agenda

NOTICE OF A REGULAR MEETING OF THE

ST. CHARLES POLICE PENSION FUND

BOARD OF TRUSTEES

The Board of Trustees will conduct a regular meeting on Wednesday, September 4, 2024 at 12:30 p.m. in the Police

Department located at 1515 West 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 5, 2024 Regular Meeting

b.) July 11, 2024 Special Meeting

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

5. City Treasurer’s Report

a.) Quarterly Financial Report

b.) Discussion/Possible Action – Cash Management Policy

6. Investment Reports

a.) Sawyer Falduto Asset Management – Quarterly Report

b.) IPOPIF – Verus Advisory, Inc.

c.) IPOPIF – State Street Statements

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.) Applications for Membership – Batican Altan and Daniel Kuttner

10. Applications for Retirement/Disability Benefits

a.) Status of Disability Application – Melinda Anyon and Steven Woloszyk

11. Old Business

a.) Portability Updates – Thomas Coffield, Raymond Garcia, Dhaval Patel and Dalton Servatius

b.) Discussion/Possible Action – Lauterbach & Amen, LLP Proposal for Additional Services

12. New Business

a.) Discussion/Possible Action – Pension Pay Date

b.) Review/Approve – Actuarial Valuation and Tax Levy Request

c.) Review/Adopt – Municipal Compliance Report

d.) IDOI Annual Statement

13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC

a.) Legal Updates

14. Closed Session, if needed

15. 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).