Police Pension Agenda 2024 05-21-24
Agenda
Attachments:
Meeting Minutes for February 13, 2024 President/Secretary to sign
Monthly Treasurer’s Reports
Bills for Payment
FY 2025 Police Pension Budget
2023 MWM Actuarial Valuation Report - Exhibit A
2023 IDOI Actuarial Valuation Report - Exhibit B
Illinois Funds Statement
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Meeting Call to Order:
Roll Call: Present:
Guests:
Citizen Comments:
Previous Meeting Minutes: February 13, 2024
Corrections/Approval
Motion to Approve:
Communications:
Monthly Treasurer’s Report: January and February 2024
Bills for Payment:
Zabinski Consulting (Oct-Dec) $ 2,500.00
Radja Collins Law: Attorney $ 825.00
Total Bills for Payment: $ 3,325.00
Motion to Approve:
- Investments: IPOPIF Statement
Old Business:
New Business:
- Active Member Pension Trustee Election Results
- Review/Discuss updated Rules and Regulations
- Trustee training options after dissolution of IPPAC
Personnel Changes and Additions:
Yorkville Police Pension Fund Board
651 Prairie Pointe Dr
Yorkville, IL 60560
(630) 553-4340
5:00PM on May 21, 2024
Yorkville City Hall
3rd Floor, West Conference Room, Rm 335
651 Prairie Pointe Dr, Yorkville, IL
New Hires: Cameron Bonner – April 30, 2024 (Tier II)
Resignations: Behr Pfizenmaier – May 2, 2024
Additional Business:
- Appointment of Board Officers
- Retiree election upcoming
- Approval of Fiscal Year 2025 Police Pension Budget
- Required Reporting to the Municipality by the Pension Board
o 2023 MWM Actuarial Valuation Report – Exhibit A
o 2023 IDOI Actuarial Valuation Report – Exhibit B
Citizen Comments:
Next meeting:
August 13, 2024 5:00pm
Motion to Adjourn:
2024 meeting dates: Feb 13, May 21, Aug 13, Nov 12