Police Pension Board

DEKALB POLICE PENSION FUND Board of Trustees AGENDA August 10, 2016 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 6/30/16 $9,972.23 for 2nd quarter 2016. b) Asset Holding Charges First National Bank 7/11/16 $888 for 2nd quarter 2016. c) Lauterbach and Amen #15635 4/20/16 $740 for March, 2016; #14905 2/23/16 $485 for 2015 payroll tax returns (both under #30136 5/2/16); #16028 5/20/16 $740 for April, 2016 (#30139 5/27/16); #16390 6/20/16 $740 for May, 2016 (#30142 6/29/16). d) Reimer Dobrovolny & Karlson LLC #20889 4/30/16 $218.75 pro-rating Biarnesen QILDRO (#30137 5/4/16). e) Paul Mott – mileage and per diem for Certified Trustee Class 16-1 $230.94 (#30135 4/20/16). f) State of Illinois Annual Compliance Fee 5/9/16 $5,959.77 (#30140 5/27/16). 8. Applications for Membership 9. Requests for Benefits a) Tracy Smith retirement 6/30/16. b) James McDougall retirement 7/31/16. 10. New Business a) Election of Board Officers. b) Pay2Day authorization raised to $15,000 for Lauterbach and Amen 5/5/16. c) Chris Johnson appointed to Board 4/25/16. d) Consideration of using Lauterbach and Amen HELPS  e) Lowery military buyback of 24 months changes his DOH to 4/2/08 effective 5/26/16. Accept payment as noted below, recognize the transfer as paid in full, and acknowledge the revised date of hire. f) Josef Gordon transfer of creditable service from Harvey PD of two years and nine days. This results in Gordon’s revised date of hire of July 12, 2014. Formally accept the transfer, recognize it as paid in full, and acknowledge the revised date of hire. g) Consideration of compensating City for the annual actuarial valuation. 11. Adjournment. Next meeting October 21, 2016. 2016 meeting dates: January 28, April 15, July 29 (note this is 5th Friday of the month), and October 21.