2021-08-23 - Firefighter Pension Board - Agenda NOTICE OF A REGULAR MEETING OF THE
BUFFALO GROVE FIREFIGHTERS' PENSION FUND
BOARD OF TRUSTEES
The Buffalo Grove Firefighters' Pension Fund Board of Trustees will conduct a regular meeting on Monday,
August 23,2021 at 8:30 a.m. at Village Hall located at 50 Raupp Boulevard, Buffalo Grove,Illinois 60089,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.) May 25,2021 Regular Meeting
b.) Semi-Annual Review of Closed Session Meeting Minutes
5. Accountant's Report—Lauterbach&Amen,LLP
a.) Monthly Financial Report
b.) Presentation and Approval of Bills
c.) Additional Bills,if any
i. Approval of Trustee Training Registration Fees and Reimbursable Expenses
6. Investment Report—Sawyer Falduto Asset Management,LLC
a.) Quarterly Investment Performance Report
b.) Review/Update Investment Policy/Asset Allocation
c.) Investment Advisory Agreement—Amendment Notification dated June 30,2021
d.) Post Consolidation Services
7. Communications and Reports
8. Applications for MembershipMithdrawals from Fund
9. Applications for Retirement/Disability Benefits
10. Old Business
a.) IDOI Annual Statement
b.) Fiduciary Liability Insurance Renewal
c.) Status of Potential Refunds from Holiday Pay
IL New Business
a.) Review/Approve—Actuarial Valuation and Tax Levy Request
b.) Review/Certify—Municipal Compliance Report
c.) Board Officer Elections—President and Secretary
d.) FOTA Officer and OMA Designee
e.) Request for Proposals—Legal Services
12. Firefighters'Pension Investment Fund of Illinois(FPIF)
a.) Notice of Assumption of Fiduciary Control of Pension Assets by FPIF—January 4,2022
b.) Review/Approval of Resolution Appointing Authorized Agents
c.) Review/Approval of Transfer Task Resolution
d.) Review/Approval of Transferal Notice Form
e.) Review of Cash Flow Projections
f.) Review/Approval of Transition Cash Retention
g.) Identification of Local Account(s)for Cash
h.) Review of FPIF Member Fund Questionnaire from Northern Trust
i.) Amendments to Investment Professional and Custodial Agreements
13. Attorney's Report—Ottosen
a.) Status of Dorsey QILDRO
b.) Legal Updates(IAFPD Conference Presentation on FPIF Asset Transfer;IAFPD Fire Call Article
on FPIF Asset Transfer;NAPPA Conference Presentation on COVID Long Haulers;Legal
Insights Third Quarter 2021;Case Law Update;Arlington Heights PPF v. Pritzker Motions to
Dismiss)
14. Trustee Training Updates
a.) Status of Trustee Training Hours
b.) Upcoming Training Opportunities
15. Closed Session, if needed
16. Adjournment