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Dupage Policy Journal

Monday, October 27, 2025

City of Naperville Police Pension Fund Board of Trustees met Oct. 22

Webp naperville il skyline 2022

Aerial view of downtown Naperville | Wikipedia

Aerial view of downtown Naperville | Wikipedia

City of Naperville Police Pension Fund Board of Trustees met Oct. 22

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a. July 23, 2025 Regular Meeting

5. Investment Report

a. IPOPIF – Verus Advisory, Inc.

i. State Street Statements

6. Accountant’s Report – Lauterbach & Amen

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Additional Expenses/Deposits – BMO Bank Checking Account

i. Lauterbach & Amen

• Accounting, Benefits Administration and PSA Services – July 2025

• Accounting, Benefits Administration and PSA Services – August 2025

• Accounting, Benefits Administration and PSA Services – September 2025

ii. Chicago Tribune – Meeting Notice Publication for October 2025

iii. Pulchalski Goodloe LLC – June, July & August 2025 Legal Services Rendered

d. Review/Update Cash Management Policy

i. Repeat Monthly Withdrawal Instructions for 2026

7. Communications and Reports

a. Initial Benefit Increase – James Tanksley and Elena Deuchler

b. Affidavits of Continued Eligibility

8. Applications for Membership/Withdrawals from Fund

a. Application for Membership – Johnathan Henderson, Emily Borderie, Stefan Cetenovic, Kenneth Conklin, and John Keith

b. Contribution Refunds – Johnathan Henderson, Kyle Killian and Michael Prohaska

9. Applications for Retirement/Disability Benefits

a. Approve Regular Retirement Benefits – Daniel Ragusa and Jason Stubler

b. Deceased Surviving Spouse – Nancy Harper

10. Applications for Creditable Service Purchase

a. Portability Updates – James Ahern, John DePasquale, Peter Pogwizd, Keith Bogdanovich and Alexander Bennett

11. Old Business

a. Review/Adopt – Amended Board Rules and Regulations

b. Review/Approve – Actuarial Valuation and Tax Levy Request

c. Review/Adopt – Municipal Compliance Report

d. Status Update – Terminated Members with Contributions Remaining in Pension Fund

12. New Business

a. Establish 2026 Board Meeting Dates

13. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

14. Attorney’s Report – Puchalski Goodloe, LLC

a. Legal Updates

b. QILDRO Status Updates – Anthony Cimilluca and Christopher Reading

15. Closed Session, if needed

16. Adjournment.

https://naperville.legistar.com/View.ashx?M=A&ID=1262866&GUID=59FCDAA9-A3CD-49A1-AFEE-7C8D8828C419