City of Naperville Police Pension Fund Board of Trustees will meet July 23
City of Naperville Police Pension Fund Board of Trustees will meet July 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. April 23, 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 – April 2025
• Accounting, Benefits Administration and PSA Services – May 2025
• Accounting, Benefits Administration and PSA Services – June 2025
• Preparation of Illinois Department of Insurance Annual Report
ii. IPPFA – Trustee Training Registration Fees for Trustees Collins, Madden, Bisch and Haselhorst
iii. Chicago Tribune – Meeting Notice Publication for April and July 2025
iv. Puchalski Goodloe LLC – April 2025 Legal Services Rendered
v. UPS Store – 2025 P.O. Box Renewal Fee
vi. City of Naperville – Reimbursement for Fiscal Year Ended December 31, 2024 Audit Report
vii. Amazon – IPPFA Retirement Guide
viii. Foster & Foster – True Cost Calculations for Kenneth Ruff and Peter Pogwizd
d. Review/Update Cash Management Policy
7. Communications and Reports
a. Initial Benefit Increase – Billy Carlson and Mike Sailer
b. Affidavits of Continued Eligibility
i. Discussion/Possible Action – Suspension of Pension Benefit Payment for Outstanding Pensioner John Westlove
8. Applications for Membership/Withdrawals from Fund
a. Application for Membership – Keith Bogdanovich, Jonathan Henderson and Peter Pogwizd
9. Applications for Retirement/Disability Benefits
a. Approve Regular Retirement Benefits – Brett Heun and Derek Zook
10. Applications for Creditable Service Purchase
a. Portability Updates – John DePasquale, Kenneth Ruff, Peter Pogwizd and Keith Bogdanovich
11. Old Business
a. Review/Adopt – Amended Board Rules and Regulations
b. IDOI Annual Statement
12. New Business
a. Review/Approve – Actuarial Valuation and Tax Levy Request
b. Review/Adopt – Municipal Compliance Report
c. Board Officer Elections – President, Vice President, Secretary and Assistant Secretary
d. FOIA Officer and OMA Designee
e. Discussion/Possible Action – Terminated Members with Contributions Remaining in Pension Fund
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 –James Tanksley and Anthony Cimilluca
15. Closed Session, if needed
16. Adjournment
https://naperville.legistar.com/View.ashx?M=A&ID=1262865&GUID=D53E9B68-8223-4D90-A162-EC8AA328CE3D