Lisle Police Pension Fund Board to hear investment report

Lisle Police Pension Fund Board of Trustees will meet at 7 p.m. Wednesday, July 27.

Here is the agenda as provided by Lisle:

Call to Order/ pledge of allegiance

Roll call

Public comment - Limit of 3 minutes per comment

Approval of minutes

a. April 27, 2016 regular meeting minutes

b. Semi-annual review of closed session meeting minutes

Investment report

a. Marquette Associates Report

b. Review and discuss future investments

c. Review/ Update Investment Policy

Treasurer's report

a. Monthly financial report - Lauterbach & amen

b. Presentation and Approval of bills

c. Additional bills, if any - Trustee training reimbursements

Communications or reports

a. Trustee training summary

Applications for admissions/ withdrawals from the fund

Applications for retirement/ disability benefits

a. Discussion/ possible action - Jerome Goeb's Pension

Old business

a. Trustee term expirations - Trustee Sassen's Reappointment

b. Discussion and approval of remittance of excess contributions

New business

a. Status of actuarial valuation

b. Discussion/ possible action - FYE April audit and Illinois department of insurance annual statement

c. Discussion/ possible action - HELPS program

d. Board officer elections - President, Vice President, Secretary and assistant Secretary - FOIA/ OMA Designee

e. Creditable service purchase - John Perrell

f. Annual independent medical examinations for disabled officers under age 50

g. Discussion/ possible action - Fiduciary liability insurance

Attorney's report

Adjournment