Police Pension Fund

BOARD OF TRUSTEES OF POLICE PENSION FUND UPPER-LEVEL CONFERENCE ROOM OF THE BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, IL 60523 630-368-5000 NOTICE OF A REGULAR MEETING OF THE BOARD OF TRUSTEES The Oak Brook Police Pension Fund Board of Trustees will conduct a regular meeting on Thursday, December 19, 2024 at 2:00 p.m. in the Upper-Level Conference Room at the Butler Government Center located at 1200 Oak Brook Road, Oak Brook, Illinois 60523 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 29, 2024 Regular Meeting 5. Accountant’s Report – Lauterbach & Amen, LLP a. Monthly Financial Report b. Presentation and Approval of Bills c. Additional Bills, if any d. Review/Update – Cash Management Policy i. Repeat Monthly Withdrawal Instructions for 2025 6. Investment Reports – IPOPIF a. State Street Statements b. Verus Advisory, Inc. 7. Communications and Reports a. Affidavits of Continued Eligibility 8. Applications for Membership/Withdrawals from Fund a. Application for Membership – Patrick Scanlon 9. Applications for Retirement/Disability Benefits a. Approve Regular Retirement Benefits – George Peterson 10. Old Business a. Discussion/Possible Action – Board Rules and Regulations b. Discussion/Possible Action – Fiduciary Liability Insurance Renewal c. Review/Approve – Actuarial Valuation and Tax Levy Request d. Review/Adopt – Municipal Compliance Report 11. New Business a. Portability Updates – Kevin Manetti and Patrick Scanlon b. Certify Special Election Results – Active Member c. Board Officer Elections – President, Vice President, Secretary and Assistant Secretary d. BMO Bank Signature Cards and Resolution Update e. Discussion/Possible Action – Resolution for Authorized Agents and Account Representatives for IPOPIF 12. Trustee Training Updates a. Approval of Trustee Training Registration Fees and Reimbursable Expenses 13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC a. Legal Updates 14. Closed Session, if needed 15. Adjournment In accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable accommodation in order to participate in or benefit from attendance at a public meeting of the Village of Oak Brook should contact the Butler Government Center (Village Hall) at (630) 368-5010 or TDD (630) 990-2131, as soon as possible before the meeting date. VILLAGE OF OAK BROOK