The village of Bloomingdale Police Pension Board met Oct. 24 to review the actuarial report.
Here is the meeting's agenda, as provided by the board:
The members of the Police Pension Board serve as the Trustees and Administrators of the pension form for all sworn police personnel. Meeting are held quarterly on the 4th Monday of the month, beginning in January. The Police Pension Board is made up of two civilians appointed by the Mayor, two active officers elected by their peers, and one retired officer.
AGENDA
REGULAR MEETING OF THE
BLOOMINGDALE POLICE PENSION BOARD
OCTOBER 24, 2016 5:00 P.M.
1. CALL TO ORDER
2. ROLL CALL
3. AUDIENCE PARTICIPATION
4. ACCEPTANCE OF MINUTES Regular Meeting Minutes of July 25, 2016; NOTE: Minutes previously sent electronically
5. INFORMATION ITEMS
A. Disclosure/Status Update #’s 24 & #25 on the IMET FFF Repo Fraud Matter;
B. Updated FOIA Flow Chart from Asst. Village Administrator Weber; Response to FOIA
C. Request from Matt Geiger;
D. Response to FOIA Request from Brightscope;
E. Inquiry from John Turkyilmaz Regarding Duty Related Disability and “Conversion' Option;
F. Police Pension Actuarial Report and Required Contribution;
G. 2016 Police Pension Property Tax Levy/Attorney Reimer (8/25/16);
H. Fund Attorney's Report (verbal).
6. FINANCIAL REPORTS AND INVESTMENTS
A. Acceptance of the IDOI Annual Statement of the Bloomingdale Police Pension Fund for the Fiscal Year Ending April 30, 2016;
B. Discussion Item - Genworth Fixed Income Annuity;
C. Report by Pension Board and Annual List of Payments;
D. Treasurer's Report for the Period Ended 9/30/16;
E. Potential Purchase or Sale of Securities;
F. Approval of Payments (detail list attached).
7. CORRESPONDENCE
8. NEW BUSINESS
A. Application for Service Pension - Slater, Jacqueline;
B. Application for Service Pension - Burns, Thomas;
C. Application for Refund of Contributions - Farrell, Chad;
D. Benefit Discrepancy - Blair, Richard.
9. OLD BUSINESS
10. OTHER BUSINESS Upcoming 2017 Quarterly Regular Pension Board Meeting dates - starting at 5:00 P.M. January 23, 2017 April 24, 2017 July 24, 2017 October 23, 2017
11. COMMENTS FROM THE PUBLIC - AGENDA ITEMS ONLY
12. ADJOURNMENT
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