NOTICE OF A REGULAR MEETING OF THE ST. CHARLES POLICE PENSION FUND BOARD OF TRUSTEES
The St. Charles Police Pension Fund Board of Trustees will conduct a regular meeting on Wednesday, December 3, 2025 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. September 3, 2025 Regular Meeting
b. September 15, 2025 Special Meeting
5. Accountant’s Report – Lauterbach & Amen
a. Monthly Financial Report
b. Presentation and Approval of Bills
c. Additional Bills, if any
d. Discussion/Possible Action – Cash Management Policy
i. Repeat Monthly Withdrawal Instructions for 2026
6. Investment Reports
a. Sawyer Falduto Asset Management, LLC
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. Application for Membership – Daniel Likens
10. Applications for Retirement/Disability Benefits
11. Old Business
a. Portability Update – Raymond Garcia
b. Review/Adopt – Municipal Compliance Report
c. IDOI Annual Statement
12. New Business
a. Review/Approve – Annual Audit and Financial Statement
b. Portability Update – Karl Witt
c. Appointed Member – Daniel Likens
d. Establish 2026 Board Meeting Dates
13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC
a. Annual Independent Medical Examination – Scott Kern and Steven Woloszyk
b. Review, Adopt and Publish Decision and Order – Stephen Heike Jr. and Eric Majewski
c. Discussion/Possible Action – Updated Board Rules & Regulations
d. 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).