Police Pension Board

Village of Mount Prospect Police Pension Fund Board Regular Meeting Agenda 911 E. Kensington Rd. Mount Prospect, IL 60056 July 23, 2024 Mount Prospect Police Department 2:00 PM 1. Call to Order 2. Roll Call 3. Public Comment 4. Approval of Minutes 4.1. a. April 23, 2024 Regular Meeting b. Semi-Annual Review of Closed Session Minutes 5. Accountant’s Report – Lauterbach & Amen, LLP 5.1. a. Monthly Financial Report b. Presentation and Approval of Bills c. Additional Bills, if any d. Discussion/Possible Action – Cash Management Policy 6. Investment Reports 6.1. a. Sawyer Falduto Asset Management, LLC b. IPOPIF – Verus Advisory, Inc i. State Street Statements 7. Communications and Reports 7.1. a. Active Member File Maintenance 8. Applications for Membership/Withdrawals from Fund 8.1. a. Application for Membership – Jake Andersen 9. Applications for Retirement/Disability Benefits 9.1. a. Deceased Pensioner – Ralph Timm/Approval of Surviving Spouse Benefits – JoAnn Timm 10. Old Business 10.1. a. Military Buyback – Alan Thibeault and Wylie Shaffer b. Portability Updates – Alan Thibeault c. IDOI Annual Statement 11. New Business 11.1. a. Review/Approve – Actuarial Valuation and Tax Levy Request b. Review/Adopt – Municipal Compliance Report  c. Board Officer Elections – President, Vice President, Secretary and Assistant Secretary d. FOIA Officer and OMA Designee e. Review/Approve – Fiduciary Liability Insurance 12. Trustee Training Updates 12.1. a. Approval of Trustee Training Registration Fees and Reimbursable Expenses 13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC 13.1. a. QILDRO – Timothy Janowick b. Annual Independent Medical Examination – Michael Rose c. Legal Updates 14. Closed Session, if needed 15. Adjournment The Staff contact for this meeting is Amit Thakkar: 847-818-5276 Any individual who would like to attend this meeting, but due to a disability needs additional accommodations to participate, please contact the Staff Contact person identified above.