Police Pension Board

Niles Police Pension Fund 7000 W. Touhy Avenue, Niles, Illinois 60714 Michael Boba Eric Lambrechts Danielle Helma Marimel Lim Jim Grammas President Vice President Secretary Asst. Secretary Trustee NOTICE OF A REGULAR MEETING OF THE BOARD OF TRUSTEES The Niles Police Pension Fund Board of Trustees will conduct a regular meeting on Wednesday, October 9, 2019 at 1:00 p.m. at the Police Department located at 7000 W. Touhy Avenue, Niles, Illinois 60714 for the purposes set forth in the following agenda: AGENDA 1. Call to Order 2. Roll Call 3. Public Comment 4. Approval of Meeting Minutes a. July 10, 2019 Regular Meeting b. Semi-Annual Review of Closed Session Meeting Minutes 5. Accountant’s Report – Lauterbach & Amen, LLP a. Monthly Financial Report b. Presentation and Approval of Bills c. Additional Bills, if any 6. Investment Report – Sawyer Falduto Asset Management, LLC a. Quarterly Investment Performance Report b. Review/Update Investment Policy and/or Asset Allocation, if needed 7. Communications and Reports a. Affidavits of Continued Eligibility 8. Applications for Membership/Withdrawals from Fund 9. Applications for Retirement/Disability Benefits a. Approve Regular Retirement Benefit – Thomas Cierniak b. Mercardo Disability Application – Appointment of IME Physicians 10. Old Business a. Portability – Luis Alejandre and Christopher Ucho b. IDOI Annual Statement c. Review Draft Board Rules Updates 11. New Business a. Review/Adopt – Resolution Regarding Consolidation of Pension Funds b. Preparation for Presentation at Village Finance Committee Meeting c. Review/Approve – Actuarial Valuation and Tax Levy Request d. Review/Adopt – Municipal Compliance Report e. Status of Village Audit f. Establish 2020 Board Meeting Dates 12. Attorney’s Report – Ottosen Britz 13. Trustee Training Updates a. Approval of Trustee Training Registration Fees and Reimbursable Expenses 14. Closed Session – if needed 15. Adjournment