City of Naperville Police Pension Fund Board of Trustees met April 23

City of Naperville Police Pension Fund Board of Trustees met April 23

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a. January 22, 2025 Regular Meeting

5. Investment Report

a. IPOPIF – Verus Advisory, Inc.

i. State Street Statements

6. Accountant’s Report – Lauterbach & Amen

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Additional Expenses/Deposits – BMO Bank Checking Account

i. Lauterbach & Amen

• Accounting, Benefits Administration and PSA Services – January 2025

• Accounting, Benefits Administration and PSA Services – February 2025

• Accounting, Benefits Administration and PSA Services – March 2025

• Preparation of Year End Auditor's Workpapers for the Fiscal Year Ended December 31, 2025

• Preparation of payroll tax returns (including 1099's) for the calendar year ended December 31, 2025

ii. IPPFA – Trustee Training Registration Fee for Jason Zbrozek

iii. Chicago Tribune – Meeting Notice Publication for January 2025 and April 2025

iv. Puchalski Goodloe, LLC – Legal Services Rendered for October 2024 through January 2025

d. Review/Update Cash Management Policy

7. Communications and Reports

a. Initial Benefit Increase – Daniel Fisher

b. Affidavits of Continued Eligibility

c. Statements of Economic Interest

8. Applications for Membership/Withdrawals from Fund

9. Applications for Retirement/Disability Benefits

a. Approve Regular Retirement Benefits – Anthony Cimilluca and Jason Oganovich

b. Deceased Pensioner – Robert Kus/Approve Surviving Spouse Benefit – Laura Kus

10. Applications for Creditable Service Purchase

a. Portability Updates – Michelle DePompeis, Kyle Symes and Kenneth Ruff

11. Old Business

a. Review/Adopt – Amended Board Rules and Regulations

12. New Business

a. Appointed Member Term Expiration – Bill Collins

b. IDOI Annual Statement

13. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

14. Attorney’s Report – Puchalski Goodloe, LLC

a. Legal Updates

b. QILDRO Status Updates – Daniel Fisher, James Tanksley and Michael Son

15. Closed Session, if needed

16. Adjournment

https://naperville.legistar.com/View.ashx?M=A&ID=1262864&GUID=13D35FE5-9FCC-4286-BD3E-0AC614DCCC77