City of Naperville Police Pension Fund Board of Trustees met April 24
City of Naperville Police Pension Fund Board of Trustees met April 24
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 24, 2024 Regular Meeting
5. Investment Report
a. IPOPIF – Verus Advisory, Inc
i. State Street Statements
6. Accountant’s Report – Lauterbach & Amen, LLP
a. Monthly Financial Report
b. Presentation and Approval of Bills
c. Additional Expenses/Deposits – BMO Harris Bank Checking Account
i. Lauterbach & Amen, LLP
• Accounting, Benefits Administration and PSA Services – January 2024
• Preparation of 1099s for year ended December 31, 2023
ii. Chicago Tribune – Meeting Notice Publication for April 2024
iii. Puchalski Goodloe, LLC
• Legal Services Rendered for November/December 2023
iv. IPPFA
• Online Training Course Registration Fees for Trustees Collins and Zbrozek
d. Review/Update Cash Management Policy
7. Communications and Reports
a. Initial Pension Benefit Increases – Kathy Anderson and Ann Quigley
b. Statements of Economic Interest
c. Affidavits of Continued Eligibility
8. Applications for Membership/Withdrawals from Fund
a. Applications for Membership – Tyler Saieg, Daniel Rooney, John DePasquale, Erik Santiago, John McHale and Michael Brown Jr.
9. Applications for Retirement/Disability Benefits
a. Approve Regular Retirement Benefits
10. Applications for Creditable Service Purchase
a. Portability Updates – Jonathan Calero, James Martino, Ryan Dahlberg, Joseph Sbertoli, Daniel Rooney, John DePasquale, Erik Santiago and John McHale b. Military Service Purchase – Frederick Krueger
c. Transfer of Creditable Service from the Policemen’s Annuity and Benefit Fund of Chicago Pursuant to HB102-0342 – Michael Carreon, Oscar Quiles and Shaun Susnis
d. Transfer of Creditable Service from IMRF Pursuant to Public Act 102-0857 – Tim Erdman and Matt Fletcher
11. Old Business
12. New Business
a. Certify Board Election Results – Active Member Positions/Retired Member Position b. Appointed Member Term Expiration
c. Status of Actuarial Valuation
d. IDOI Annual Statement
e. Review/Adopt – Amended Board Rules and Regulations
13. Trustee Training Updates
a. Approval of Trustee Training Registration Fees and Reimbursable Expenses
14. Attorney’s Report – Puchalski Goodloe, LLC
a. QILDRO Status Updates – William Kovarik IV
b. Legal Updates
15. Closed Session, if needed
16. Adjournment
https://naperville.legistar.com/View.ashx?M=A&ID=1191968&GUID=1FCAAA92-9881-4A9B-B9E0-1077377BFA91