Lisle Police Pension Fund Board to review investments, prospects tonight
The Lisle Police Pension Fund Board of Trustees will receive and review a Marquette investment report at its next regular meeting at 7 p.m. today in the Lisle Police Department Training Room, 5040 Lincoln Ave.
The trustees also will review and discuss future investments, as well as update the board's investment policy.
The treasurer will present a monthly financial report from
Lauterbach & Amen LLP, including expense reports and pending bills to be approved.
The board also will review a trustee training summary, receive updates on active member files, review economic statements, receive an annual participation board report and review any applications for admissions or withdrawals from the fund, as well as any current applications for retirement or disability benefits.
The trustees also will receive an Illinois Department of Insurance (DOI) compliance-audit update.
The board also will discuss the upcoming plan-participant pension seminar, discuss and possibly take action on the pension pay date, review the DOI opinion, and approve annual cost-of-living adjustments (COLAs) for pensioners.