2025-08-04 - Firefighter Pension Board - AgendaNOTICE 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 4, 2025 at 8:fo a.m. in village Hall located at 5o Raupp Boulevard, Buffalo Grove, Illinois
6oo89, for the purposes set forth in the following agenda:
AGENDA
L call to order2. Roll call
l. Approval of Remote Attendance and Full Panicipation by Certain Trustees (if any)
4. Public Comment
5. Approval of Meeting Minutes
a.) May 12, 2025 RegularMeeting
b.) Semi-Annual Review ofClosed Session Meeting Minutes6. Financial/lnvestment Reports
a.) Monthly Financial Reports from Lauterbach & Amen (April, May and Iune 2025)
b.) Presentation and Approval of Bills
c.) Additional Bills, if any
d.) Review - Cash Balances of LocalAccounts
i. BMO Bank Statement and Current Balance Status
ii. Schwab Statement, Current Balance Status and quarterly Report - Sawyer Falduto
e.) Review of Cash Pro.jections and Cash Needsf.) RevieqApproval - FPIF Statements of Results (April, May and June 2025)
B.) ReviewApproval - FPIF Monthly Investment Summaries (April, May and June 2025)
7. Communications and Reports
a. ) Affidavits of Continued Eligibility
b.) Active Member File Maintenance
8. Applications for Membership/withdrawals from Fund/Service Purchase
a.) Applications for Membership - Tim Heatley, Patrick Murray and NickWolski
b.) Status of Baniqued Combined Creditable Service/Reciprocity
9. Applications for Retirement/DisabilityBenefits/qILDROs
a. ) Status of Application for Disability Benefits Process - Steven Dorsey
b.) Status of Qualified Illinois Domestic Relations Orders (qILDROS)
i. Status of Dorsey QILDRO
ii. status ofGatto qILDRo
iii. Status ofOlsen QILDRO
c.) Annual Independent Medical Examination - William Simmons
10. Old Business
a.) RevieqApprove - RFqfor Insurance Brokers
b.) Status of Shared Cloud Site/Dedicated Pension Trustee Emails proiect
c.) ReviedApprove Annual Audit
d.) Discussion/Possible Action - Active Member Workshop
11. New Business
a.) Review/Approve - Actuarial Valuation and Tax Levy Request
b.) Review/Adopt - Municipal Compliance Report
c.) Board Officer Elections - President and secretary
d.) FOIA Officer and OMA Designee
12. Attorney's Report - Ottosen
a.) Pension Insights for Third quaner 2025 (Investing in Members)
b.) Fiduciary Insights (July 2025) (Documenting processes)
c.) IAFPD Fire Call Pension Pointers Spring 2o25 (Social Security Fairness Act)
d.) IAFPD Conference Presentations (June 2025)
1J. Trustee Training Updates
a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses
b.) Aclmowledgement of Training Time from Meeting
c.) Certification of Trustee Training Hours
v). Closed Session, ifneeded
15. Adjournment