Police Pension Board

DEKALB POLICE PENSION FUND Board of Trustees AGENDA April 17, 2015 10:00AM DeKalb Police Conference Room 1. Call to Order. CLOSED SESSIONS MUST BE TAPED! Post agenda 48 hours prior! 2. Roll Call. 3. Minutes. 4. Public Comment. 5. Treasurer’s Report. 6. Old business. 7. Bills for Payment. a) Consulting fee Wall and Associates $10,128.70 for 1st quarter 2015. b) Asset Holding Charges Castle Bank $837 for 1st quarter 2015. c) Lauterbach and Amen #9045 1/20/15 $715 for December, 2014; #9559 2/21/15 $470 for 2014 10-99s; #9331 2/20/15 $715 for January, 2015; #9854 3/20/15 $715 for February, 2015. d) Ric Reimer #19106 01/13/15 $150.00 for Diedrich correspondence (30069 1/16/15). e) Mesirow #878165 2/4/15 Fiduciary Insurance $8,079 (30071 2/10/15). f) Sikich #204902 12/31/14 $5,100.00 FY14 Audit. g) Duehning transfer of Chapter 3 service to Elgin PD $120,889.70 8. Applications for Membership. 9. Requests for Benefits 10. New Business. a) Document the results of the election of active member held the week of April 13, 2015. b) Kepner to be reappointed this month. c) State of Illinois FY14 Actuarial Valuation received 3/4/15 and forwarded to mayor, City Council, and City Manager. State recommended levy of $2,357,482 was $720,597 greater than what the City actually levied ($1,636,885). d) Engage Sikich LLP for FY15 audit. e) Presentation by representative of AMG Yacktman Service. f) Approval of transfer of service of Jason Goodwin from Rochelle PD. 1) Accept payment of $116,557.66 from Rochelle Police Pension Fund. 2) Recognize transfer as paid in full. 3) Acknowledge revised DOH from 11/03/14 to 8/24/08.  g) Approval of transfer of service of Sonny Streit from Rochelle PD. 1) Accept payment of $36,737.94 from Rochelle Police Pension Fund. 2) Recognize transfer as paid in full. 3) Acknowledge revised DOH from 11/10/14 to 2/1/12. 11. Adjournment. Next meeting July 24, 2015. Note this is 4th Friday of the month. cc: City Hall Lobby, City of DeKalb website (as of 7/1/06 meeting minutes must be posted on City’s website).