2022-07-26 - 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 Tuesday, July
26, 2022 at 8:30 a.m. in 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.) April 25,2022 Regular Meeting
b.) Semi-Annual Review of Closed Session Meeting Minutes
5. Financial/Investment Reports
a.) Monthly Financial Reports from Lauterbach&Amen(March,April and May 2022)
b.) Presentation and Approval of Bills
c.) Additional Bills,if any
i. Approval of Trustee Training Registration Fees and Reimbursable Expenses
ii. Illinois Department of Insurance Compliance Fee
d.) Review—Cash Balances of Local Accounts
i. BMO Harris Bank Statement and Current Balance Status
ii. Schwab Statement, Current Balance Status and Quarterly Report—Sawyer Falduto
e.) Review/Update—Cash Management Procedures,Cash Projections and Cash Needs
f) Review/Update—GCM Recurring Withdrawal Instructions for Deposits on 14th of Month
g.) Review/Approval—FP1F Statements of Results(March,April and May 2022)
h.) Review/Approval—FP1F Monthly Investment Summaries(March,April and May 2022)
6. Communications and Reports
a.) Affidavits of Continued Eligibility
b.) Active Member File Maintenance
c.) Fiduciary and Cyber Liability Insurance Renewal Presentation(Gallagher)
7. Applications for Membership/Withdrawals from Fund
a.) Reciprocity Update—Shawn Collins
8. Applications for Retirement/Disability Benefits
a.) Review/Approval—Regular Retirement Benefits for Ronald Two Bulls
b.) Review/Approval—Regular Retirement Benefits for Mark Oeltgen
9. Old Business
a.) Status of Dorsey QILDRO
b.) Status of TDOT Annual Statement
c.) Status of Village Audit
10. New Business
a.) Actuarial Study Presentation and Discussion
b.) Review/Approve—Actuarial Valuation and Tax Levy Request
c.) Review/Adopt—Municipal Compliance Report
d.) Board Officer Elections—President and Secretary
e.) FOIA Officer and OMA Designee
11. Attorney's Report—Ottosen
a.) Status of Arlington Heights PPF v. Pritzker
b.) Pension Insights Third Quarter 2022
c.) TAFPD Fire Call Pension Pointers
d.) TL CPA Society Conference—Illinois Public Safety Pension:An Overview of Asset Consolidation
(May 2022)
e.) IGFOA Academy—Illinois Public Pension:What to Know About Firefighter and Police Pension
Funds(April 2022)
f) NAPPA Conference—Who Qualifies as a Public Safety Employee?(June 2022)
12. Trustee Training Updates
a.) Status of Trustee Training Hours
b.) Upcoming Training Opportunities
13. Closed Session, if needed
14. Adjournment