Police Pension Agenda 2023 05-16-23
Meeting Agenda
Attachments:
Meeting Minutes for February 14, 2023 President/Secretary to sign
Monthly Treasurer’s Reports
Bills for Payment
FY 2024 Police Pension Budget
2022 MWM Actuarial Valuation Report - Exhibit A
2022 IDOI Actuarial Valuation Report - Exhibit B
Brendan Heye IMRF transfer calculation
Jacob Schwartz creditable service buyback calculation
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Meeting Call to Order:
Roll Call: Present:
Guests:
Citizen Comments:
Previous Meeting Minutes: February 14, 2023
Corrections/Approval
Motion to Approve:
Communications: Email from Collins, Radja, and Hartwell
Executive Session:
1. For the appointment, employment, compensation, discipline, performance, or dismissal of specific employees
of the public body or legal counsel for the public body, including hearing testimony on a complaint lodged
against an employee of the public body or against legal counsel for the public body to determine its validity.
Monthly Treasurer’s Report: January, February, and March 2023
Bills for Payment:
Zabinski Consulting (Jan - Apr) $ 2,400.00
IPPAC Conference Registration Fees $ 1,000.00
IPPAC Conference Lodging $ 474.95
Collins and Radja: Attorney $ 825.00
Total Bills for Payment: $ 16,276.31
Motion to Approve:
Investments: IPOPIF Statement
Yorkville Police Pension Fund Board
651 Prairie Pointe Dr
Yorkville, IL 60560
(630) 553-4340
5:00PM on May 16, 2023
Yorkville City Hall
3rd Floor, West Conference Room, Rm 335
651 Prairie Pointe Dr, Yorkville, IL
Old Business: None
New Business:
- Terminate contract with Mitchell, Vaught, and Taylor
Personnel Changes and Additions: None
Additional Business:
- Required Report to the Municipality by the Pension Board
2022 MWM Actuarial Valuation Report - Exhibit A
2022 IDOI Actuarial Valuation Report - Exhibit B
FY 2024 Police Pension Budget
Approval Fiscal Year 2024 Police Pension Budget
- Authorize transfer of former Officer Brendan Heye contributions to IMRF.
- Update on Officer Schwartz creditable service buyback
Citizen Comments:
Next meeting:
August 08, 2023 5:00pm
Motion to Adjourn:
2023 meeting dates: Feb 14, May 16, Aug 08, Nov 14