2021-11-17 - 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
Wednesday, November 17, 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.) August 23,2021 Regular Meeting
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.) Post Consolidation Services Proposal
7. Communications and Reports
a.) Affidavits of Continued Eligibility
b.) Active Member File Maintenance
8. Firefighters' Pension Investment Fund(FPIF)(January 4`h Tranche)
a.) Review of FPIF Updates and Next Steps
b.) Review/Approval of Letter of Direction to Schwab
c.) FPIF Auditor Assignment and Asset Freeze Date(December 10,2021)
d.) Review of Cash Flow Projections from Lauterbach
e.) Confirmation of Transition Cash Retention
f.) Confirmation of Local Account(s)for Cash
g.) Review/Approve Collateralization Agreement for BMO Harris Account
h.) Review of Northern Trust Global Cash Movement New Setup Authorization Form
i.) Review/Approve Resolution Authorizing Account Representatives for Northern Trust
Global Cash Movement Portal
j.) Future Termination of Investment Professional and Custodial Agreements
9. Applications for Membership/Withdrawals from Fund
a.) Contributions Refund—Richard Spellman
10. Applications for Retirement/Disability Benefits
11. Old Business
a.) Fiduciary Liability Insurance Renewal Presentation(Gallagher)
b.) Status of Dorsey QILDRO
c.) Status of Buttliere QILDRO
12. New Business
a.) Establish 2022 Board Meeting Dates
b.) Review/Approve—December 31,2020 Audit
13. Attorney's Report—Ottosen
a.) Legal Updates(Legal Insights for Fourth Quarter 2021 —New Legislation)
14. Trustee Training Updates
a.) Status of Trustee Training Hours
b.) Upcoming Training Opportunities
15. Closed Session,if needed
16. Adjournment 1 of 136