Dupage Policy Journal

City of Naperville Firefighters’ Pension Fund Board of Trustees met April 24

Here is the agenda provided by the board:

1. Call to Order 

2. Roll Call 

3. Approval of Remote Attendance and Full Participation by Certain Trustees (if any) 

4. Public Comment 

5. Approval of Meeting Minutes 

a. January 24, 2024 Regular Meeting 

6. Treasurer’s/Accountant’s Report – Sikich, LLP 

a. Monthly Financial Report 

b. Disbursement Warrant  

c. Additional Bills, if any 

d. Review/Update Cash Projections and Cash Needs 

e. Status of IDOI Annual Statement

7. Firefighters’ Pension Investment Fund (FPIF) Reports 

a. FPIF Investment Monthly Summaries  

b. FPIF Statement of Results  

8. Communications and Reports 

a. Statements of Economic Interest  

9. Applications for Membership/Withdrawals/Refunds/Reciprocity or Transfers of Service

10. Applications for Retirement/Disability Benefits 

a. Approve Regular Retirement Benefits – Michael McDermott and Scott Salela  

b. Annual IMEs for Larson and Goodman Disability Benefits

11. Old Business 

a. Status of Northern Trust Sweep Account 

b. Status of December 31, 2023 Audit  

c. Status of Gibson Subpoena Response and QILDRO 

d. Status of Cloud Based Data Storage and Document Sharing Project

12. New Business 

a. Cyber Risk Coverage Proposal 

b. Certify Board Election Results – Active Member Position  

c. Review of Draft Fact Sheet and Form on Creditable Service Capture

13. Attorney’s Report – Ottosen  

a. Pension Insights (2nd Quarter 2024) 

b. Board Insights (April 2024) 

c. Client Alert (2024) 

d. NIAFPD Conference Presentation “FPIF: Updates on Consolidation and Operations” (February 2024)

e. DOI Sirens on Use of Money Market Funds (February 2024)

14. Trustee Training Updates 

a. Acknowledgement of Training Time from Meeting and Certification of Trustee Training Hours

15. Closed Session, if needed 

16. Adjournment 

https://naperville.legistar.com/View.ashx?M=A&ID=1191246&GUID=28598969-B216-498C-8F40-2EADC280C9F3