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, December 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.)September 4, 2024 Regular Meeting

  5. City Treasurer’s Report

    a.)Quarterly Financial Report

    b.)Discussion/Possible Action – Cash Management Policy

    i.  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

    e.)Disability Hearing – Melinda Anyon

    f.)Discussion/Possible Action – Disability Application – Melinda Anyon

  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).