City of Naperville Police Pension Fund Board of Trustees met Jan. 21

City of Naperville Police Pension Fund Board of Trustees met Jan. 21

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a. October 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 – October 2025

• Accounting, Benefits Administration and PSA Services – November 2025

• Accounting, Benefits Administration and PSA Services – December 2025

• Preparation of Municipal Compliance Report for Fiscal Year End December 31, 2024

ii. Chicago Tribune – Meeting Notice Publication for January 2026

iii. Foster & Foster – True Cost Calculation for Keith Bogdanovich

iv. IPPFA – 2026 IPPFA Membership Dues

v. Puchalski Goodloe – Legal Services Rendered for October 2025 through January 2026

d. Review/Update Cash Management Policy

7. Communications and Reports

a. Initial Benefit Increase – James Sakelakos

b. Affidavits of Continued Eligibility

c. Statements of Economic Interest

d. Designation of IDOI Security Administrator

8. Applications for Membership/Withdrawals from Fund

a. Application for Membership – Johnathan Henderson, Alexander Bennett, Jake White. Samantha Coleman and Patrick Goddard-Ziga

b. Contribution Refunds – Scott MacDonald and Brian Storce

9. Applications for Retirement/Disability Benefits

a. Approve Regular Retirement Benefits – Matthew Eagan, Frank Tonkovich and Eddie Corneliusen

b. Approve Revised Regular Retirement Benefits and Retro Pay – Brett Heun, Jason Oganovich, Daniel Ragusa, Gregory Schubrych and Derek Zook

c. Deceased Surviving Spouse – Barbara Bell

d. Deceased Pensioner – Richard Rowe

10. Applications for Creditable Service Purchase

a. Portability Updates – James Ahern, Alexander Bennett and Patrick Goddard- Ziga

11. Old Business

a. Status Update – Terminated Members with Contributions Remaining in Pension Fund

12. New Business

a. Review Trustee Term Expirations and Election Procedures

b. Discussion/Possible Action – IPOPIF Compliance Audit

13. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

14. Attorney’s Report – Puchalski Goodloe, LLC

a. Legal Updates

15. Closed Session, if needed

16. Adjournment

https://naperville.legistar.com/View.ashx?M=A&ID=1368901&GUID=14471CAB-44B3-4B70-8D76-E38355F35D38