Police Pension Agenda 2010 02-09-10
Yorkville Police Pension Fund Board
804 Game Farm Road
Yorkville, Il 60560
(630) 553-4340
5:00PM on February 9, 2010
Police Department Conference Room
AGENDA
Meeting Call to Order:
Roll Call:
Guests:
Harold Martin Board Resignation
Interim appointment of Chief Rich Hart to the position of Assistant Secretary from January 31 to May 2010.
Previous Meeting Minutes:
November 10, 2009
Communications:
No funds were transferred from checking to the Schwab account since 11/10/2009.
Monthly Treasurer’s Report:
as of Jan 31, 2009
Bills for Payment:
MVT management fees:
From Schwab #3137-9036 (Jan) $ 3,952.00
Cary Collins: Attorney (Oct -Dec 09) $ 650.00
Kelly Zabinski 2009 IDOI filing: Final Payment $ 650.00
William Powell $ 175.00
Total Bills for Payment: $ 5,427.00
Investments:
Money transfers from YNB to Charles Schwab & Co
Pay to: Charles Schwab & Co.
Mail to: Institutional Client Service Group
P. O. Box 628290
Orlando, Fl 32862-9906
Progress Reports from Mitchell, Vaught, and Taylor
Unfinished Business:
Improving the IDOI Filing Process:
Discussion with Kelly Zabinski
Electronic Transfer of Funds:
Actuarial Report as of may 31, 2009.
SB 1974: Annual Training Documentation for Pension Board Trustees
New Trustee Documents
House Bill 4603: Creditable Service: Buyback Letters for file. Officer Pleckham to follow up.
Discussion of the Investment Policy and the Rules and Regulations
New Business:
Election of Trustees
RFP for Investment Manager
Increase in Old Second Minimum Balance
Police Pension Fund Board
February 9, 2010
Page 2
Additional Business:
Illinois Public Pension Advisory Committee Request
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IPPFA Annual Spring Conference May 13 & 14.
Record Retention
FOIA Compliance
Next meeting:
May 11, 2010
Motion to Adjourn:
Year 2010 Meeting Dates: Feb 10, May 11, Aug 10, Nov 9