Agenda

ST. CHARLES POLICE PENSION BOARD

Wednesday, September 6, 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 – June 7, 2023

B. Special Meeting – December 7, 2022

4. INVESTMENT ACTIVITIES

A. Review/Approve – Sawyer Falduto Asset Management, LLC Quarterly Report

B. Review/Approve – IPOPIF Monthly Statements

C. Review/Approve – Verus – Monthly Report

D. Review/Approve – Resolution Schwab Account Changes

E. Review/Approve – Cash Management Policy / Update as needed

5. OLD BUSINESS – PREVIOUS ITEMS REVIEWED ON AGENDA

6. QUARTERLY FINANCIAL REPORT/PRESENTATION OF BILLS FOR DISBURSEMENT

A. Review/Approve – Expenditure List (Addendum A)

7. APPLICATIONS FOR MEMBERSHIP

A. Discussion/Approval – Membership - Coffield

8. APPLICATIONS FOR BENEFITS

A. Discussion/Action – Application for Disability – Anyon (Status)

B. Discussion/Action – Application for Disability – Woloszyk (Status)

C. Discussion/Approval – Retirement – Schomer (deferred)

9. ATTORNEY’S REPORT

10. NEW BUSINESS

A. Discussion/Approval – Actuarial Valuation Report / Tax Levy Recommendation

B. Discussion/Action – Transfer of Funds Gaske (Winfield PD)

C. Discussion/Action – Pension Conference (October 2023)

D. 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).