Police Pension Agenda 2009 06-02-09
Yorkville Police Pension Fund Board
804 Game Farm Road
Yorkville, Il 60560
(630) 553-4340
5:00PM on June 2, 2009
Police Department Conference Room
Agenda
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Meeting Call to Order:
Roll Call:
Previous Meeting Minutes: February 10, 2009
Motion to Approve:
Communications:
Monthly Treasurer’s Report: as of April 30, 2009
Annual Treasurer’s Report as of April 30, 2009
Real Estate Tax Levy for Fiscal 2008-09: $300,000.00
Checks Received:
July 22, 2008: $ 22,412.78 Nov 10, 2008: $ 6,456.61
Aug 12, 2008: $ 122,756.89 Dec 22, 2008: $11,529.53
Oct 14, 2008: $ 9,278.07 Dec 22. 2008: $ 279.86
Oct 14, 2008: $ 124,614.00
Total $ 297,327.74
Bills for Payment:
MVT management fees:
From Schwab #3137-9036 (Oct – Dec) $ 3,086.00
Cary Collins: Attorney (Oct, Nov, Dec) $ 650.00
William Powell $ 400.00
Total Bills for Payment: $ 4,136.00
Investments:
Progress Reports from Mitchell, Vaught, and Taylor
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
Unfinished Business:
House Bill 4603: Creditable Service: Buyback Letters for file
Officer Pleckham to review personnel files
Police Pension Fund Board
June 2, 2009
Page 2
New Business:
Annual Budget for Fiscal year 2009-2010
IDOI Filing: Kelly Zabinski to prepare for a fixed fee of $1,350.00 to be paid incrementally by
month. Final payment upon completion of the report.
Discussion of the Investment Policy and the Rules and Regulations
Additional Business:
SB 1974: Annual Training for Pension Board Trustees
Illinois Public Pension Fund Association membership (IPPFA)
IPPFA Conference June 4, 5th
SB 2011: Pension Funding amortization change from 2033 to 2049
HB 3840: Recovery from disability and return to active duty.
HB 958: 48 hour notice to the Mayor of a scheduled Pension Board meeting
Adjournment:
Year 2009 Meeting Dates: Feb 10, May 21, Aug 11, Nov 10