The village of Westmont Police Pension Board of Trustees met Oct. 18 to appoint officers.
Here is the meeting's agenda, as provided by the board:
Village of Westmont Police Pension Fund Board is located at 500 N. Cass Ave. Westmont.
PUBLIC NOTICE
REGULAR MEETING WESTMONT POLICE PENSION BOARD OF TRUSTEES
October, 18 2016 at 6:00 PM
Village Hall, Executive Session Conference Room
31 W Quincy WESTMONT, IL 60559
AGENDA
CALL TO ORDER
ROLL CALL
PLEDGE OF ALLEGIANCE
MINUTES: Board to consider a motion to approve prior meeting minutes
PUBLIC COMMENT: Limited to 3 minutes per person
REPORTS
President
Fund Consultant – Kevin Crain, Morgan Stanley
Lauterbach & Amen
Financial Report
Attorney
Secretary
Trustees
Treasurer
Items for future agendas
Release of Executive Session Minutes (October, April)
Review Investment Policy Statement Annually (January)
Review Benchmarks (January)
Review Preparation for Elections (January)
Status as to disability pensions (January)
Review status of terminated members who have not received a refund (January)
Election Results (April)
Appointment of Officers (July)
Establish Meeting Dates (October)
OLD BUSINESS
NEW BUSINESS
Appointment of FOIA Officer: Board to consider a motion appointing a FOIA officer
Appointment of OMA Officer: Board to consider a motion appointing a OMA officer
Officer retirement application: Board to discuss Sergeant Schlicher’s retirement application status, and may consider action on the retirement application.
Officer retirement application: Board to approve the retirement application of Thomas Mulhearn.
RePayment for Break in Service: Board to consider a motion to approve a pension contribution repayment schedule for an unpaid break in service for Kristina Dominguez.
Tax Levy Report: Board to consider a motion adopting a tax levy request.
Municipal Compliance Report: Board to consider a motion adopting the municipal compliance report.
GASB 67/68 Report: Board to consider a motion adopting the GASB report.
Allocation Targets: Board to consider a motion instructing the consultant to adjust target allocations.
Establish 2017 Meeting Dates: Board to consider a motion establishing regularly scheduled meeting dates and times for 2017.
Approval of Vendor Payments: Board to consider a motion approving the vendor checks issued since the payments that were approved at the last board meeting.
Investment Management Changes: Board to consider a motion to change investment managers, if it determines such a motion to be prudent.
Rebalance Funds: Board may consider a motion to rebalance the fund if it determines such a motion to be prudent.
Release of Executive Session Minutes: Board may adjourn to executive session to review executive session minutes, and, after returning to regular session, may release minutes if so determined.
EXECUTIVE SESSION: The Board may adjourn to closed session to discuss matters so permitted and may act upon
such matters upon returning to open session.
ADJOURN
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