2023-01-18 - Police Pension Board - Agenda 41111/ Buffalo Grove Police Pension Fund
46 Raupp Boulevard, Buffalo Grove, Illinois 60089
Tony Montiel James Yester Tony Turano Jeff Feld Kenneth Fox
President Vice President Secretary Asst. Secretary Trustee
NOTICE OF A REGULAR MEETING
OF THE BOARD OF TRUSTEES
The Buffalo Grove Police Pension Fund Board of Trustees will conduct a regular meeting via videoconference on Wednesday,January 18,2023 at 10:00
a.m.without a quorum of the public body physically present at the Board's regular meeting location because of a disaster declaration related to COVID-
19 public health concerns affecting the Village of Buffalo Grove.The Buffalo Grove Police Pension Fund Board President has determined that an in-person
meeting with all participants is not practical,prudent or feasible because of the disaster.The regular meeting is set for the purposes in the following agenda:
Members of the public may monitor the meeting by joining the conference call as follows:
https://l auterbachamen.zoom.us/i/867227145 59?vwd=U IJXeUdkaONI dnJn Yl Rp W kthbnZTU T09
Enter the meeting ID:867 2271 4559
Enter the Password:706880
AGENDA
I. Call to Order
2. Roll Call
3. Public Comment(limit of 3 minutes per person)
4. Approval of Meeting Minutes
a. October 19,2022 Regular Meeting
b. Semi-Annual Review of Closed Session Meeting Minutes
5. Treasurer's Report
6. Accountant's Report—Lauterbach&Amen,LLP
a. Monthly Financial Report
b. Presentation and Approval of Bills
c. Additional Bills,if any
d. Discussion/Possible Action—Cash Management Policy
7. Investment Report
a. IPOPIF—Verus Advisory,Inc.
i. State Street Statements
8. Applications for Membership/Withdrawals from Fund
a. Applications for Membership—Brian Budds and Chad Larys
9. Applications for Retirement/Disability Benefits
a. Approve Regular Retirement Benefits—Paul Jamil
10. Old Business
a. Establish 2023 Board Meeting Dates
b. Transfer of Creditable Service from Article 5 to Article 3 Pursuant to HB-0275—Masood Khan and Hristos Tirovolas
c. Transfer of Creditable Service from IMRF Pursuant to HB-126—Danielle Baron,Brian Hansen,Tony Montiel,
Shannon McMillon and Michael Carlson
11. New Business
a. Approve Annual Cost of Living Adjustments for Pensioners
b. Review Trustee Term Expirations and Election Procedures
c. Updated Local Bank Account Collateralization Agreement
d. Review/Approve—Lauterbach&Amen,LLP Engagement Letter
12. Trustee Training Updates
a. Approval of Trustee Training Registration Fees and Reimbursable Expenses
13. Communications and Reports
a. Affidavits of Continued Eligibility
b. Statements of Economic Interest
14. Attorney's Report—Reimer Dobrovolny&LaBardi PC
a. Legal Updates
b. QILDRO—David Halverson
15. Closed Session,if needed
16. Adjournment