2025-02-03 - Firefighter Pension Board - AgendaNOTICE OF A REGULAR MEETING OF THE
BUFFALO GROVE FIREFIGHTERS' PENSION FUND
BOARD OF TRUSTEES
The Buflalo Grove Firefighters' Pension Fund Board of Trustees will conduct a reguliu meeting on Mondryr
Februrry 3,2025 8t 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:
ACENDA
l. Call to Order
2. Roll Call
3. Approval of Remote Attendance and Full Participation by Certain Trustees (ifany)
4. Public Comment
5. Approval of Meeting Mirutes
a.) October 28, 2024 Regular Meeting
b.) Semi-Annual Review ofClosed Session Meeting Minutes
6. Financial/lnvestmentReports
a.) Monthly Financial Reports fiom Lauterbach & Amen (September, October, November and
December 2024)
b.) Presentation and Approval ofBills
c.) Additional Bills, ifany
d.) Review - Cash Balances ofLocal Accounts
i. BMO Bank Statement and Cunent Balance Status
ii. Schwab Statement. Cu[ent Balance Status and Quanerly Report - Sawyer Falduto
e.) Approve Annual Cost of Living Adjustments for Pensioners
f. ) Review of Cash Projections and Cash Needs
g.) ReviewApproval- FPIF Statements ofResults (September, October, Novemb€r and December
20241
h.) ReviewApproval - FPIF Monthly lnvestrnent Summaries (September, October, Noyember and
December 2024)
7. Communications and Reports
a.) Affidavits of Continued Eligibility
b.) Statements of Economic Interest
8. Applications for Membership,A ithdrawals from Fund/Service Purchase9. Applications for Retirement/Disability Benefits/QlLDROs
a.) Approve Regular Retirement Benefits - Jeffery Morris
b.) Application for Disability Benelits - Steven Dors€y
i. Review/Approval - Appointrnent of IME Physicians
c.) Status of Dorsey QILDRO
d.) Status ofJason QILDRO
e.) sratus ofGado QILDRO
10. Old Business
a.) Fiduciary Liability Insurance Renewal (Gallagher)
ll. New Business
a.) Reyie Approve - RFQ for lnsurance Brokers
b. ) Review Trustee TeIm Expirations and Election procedures
12. Anomcy's Report - Ottosen
Pension Insights (First Quarter 2025 ) (New Case Law)
b Board Insights (January 2025) (Updates to Unclaimed property Act)
c
d
Fiduciary lnsights (January 2025) ( Who ls The Client When Representing An Organization )
IAFPD Fire Call Pension Pointers (Fall 2024) (lllinois Judges Challenge pension Reform Law)
Training Updatesli. Trustee
a.) Approval ofTrustee Training Registration Fees and Reimbursable Expenses
b.) Acknowledgement ofTraining Time from Meeting
c.) Certificalion ofTrustee Training Hours
Closed Session- if needed
Adjoumment
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