Firemen’s Pension Fund Board of Trustees

May 23, 2022 Peoria, Illinois REVISED AGENDA REGULAR MEETING OF THE BOARD OF TRUSTEES OF THE FIREMEN’S PENSION FUND OF PEORIA, ILLINOIS A Regular Meeting of the Board of Trustees of the Firemen’s Pension Fund of Peoria, Illinois, will be held this date at City Hall, Room 404, Peoria, Illinois, at 9:30 A.M. with proper notice having been given, for the purpose of conducting regular Firemen’s Pension Fund business. ROLL CALL Roll Call of the following members: Higgins, Smith, Tarr, Tomblin, President Troglio – 5. INVOCATION A moment of silence will be held in remembrance of those Firefighters who have served our community. MINUTES Recommendation to Approve the Minutes of the Regular Meeting held on April 20, 2022, as printed. REGULAR BUSINESS ITEM NO. 1 MONTHLY PORTFOLIO PERFORMANCE REVIEW from MARQUETTE ASSOCIATES and NORTHERN TRUST dated MARCH 31, 2022, with Request to Receive and File ITEM NO. 2 Report from Fire Marshal Shawn Sollberger of Pension Fund Contributions, which were made by payroll deductions during the MONTH of APRIL 2022, from the active members of the Peoria Fire Department and which checks were turned in to the City Treasurer’s Office by Director of Finance/Comptroller, with Recommendation to Concur and Receive and File. Payroll Period When Deducted Amount March 20, 2022 – April 5, 2022 April 14, 2022 $ 62,746.17 April 6, 2022 – April 20, 2022 April 29, 2022 $ 62,747.60 TOTAL $125,493.77 ITEM NO. 3 Request to APPROVE the following BILLS: Pensions for May 2022 (dated May 31, 2022) ............................................$1,485,885.00 Mesirow Insurance Svcs, Inc., Fiduciary Liability 11/15/21 to 1//15/22……. 9,796.00 Lauterbach & Amen, LLP – Prof Svcs Mar 2022 ........................................ 3,550.00 Lauterbach & Amen, LLP – Prof Svcs Year End Audit FY 12/31/21 ........... 3,445.00  PAGE 2 Stefanie Tarr, Refreshment Reimb. -Pension Funding Mtgs ..................... 61.68 SUB-TOTAL FOR MAY……………………………………………… $1,502,737.68 GRAND TOTAL FOR MAY .…….………………………………….. $1,502,737.68 ITEM NO. 4 REQUEST to APPROVE the REMOVAL from the PENSION ROLLS of CHARLES L. TAYLOR Due to His Death on APRIL 19, 2022, and to Make Payments to the Charles L.Taylor Estate, in the Amount of $3,543.88, for 19 days of April 2022. Recommendation: To RECEIVE and FILE the Death Certificate and to APPROVE the Payment of $3,543.88, for 19 days of April. ITEM NO. 5 REQUEST to APPROVE the REMOVAL from the PENSION ROLLS of HERMAN E. BROOKS Due to His Death on MAY 13, 2022, and to Make Payments to the Herman E. Brooks Estate, in the Amount of $3,365.05, for 13 days of May 2022. Recommendation: To RECEIVE and FILE the Death Certificate, Upon Receipt, and to APPROVE the Payment of $3,365.05 for 13 days of May. ITEM NO. 6 MOTION to ADOPT and PUBLISH the DECISION and ORDER for FIRE CAPTAIN JOHN A. SCHNIBBEN – LINE OF DUTY DISABILITY, with Recommendation to APPROVE. ITEM NO. 7 REQUEST for APPROVAL of a RESOLUTION Authorizing City Treasurer Stephen Morris the POWER TO INVEST, and Authorize City Treasurer Morris to Maintain a Minimum of $10,000.00 in the HARRIS BANK ACCOUNT. UNFINISHED BUSINESS ITEM NO. 8 CONTINUED DISCUSSION Regarding the OVERPAYMENT to the Denise Roxanne Kneer Estate, in the Amount of $2,312.19 for 12 days of January 2022 with a Request to RECEIVE and FILE or Take Other Action Necessary. ITEM NO. 9 MONTHLY FINANCIAL REPORT from LAUTERBACH & AMEN, LLP for the Month of MARCH 2022, which Includes the STATEMENT OF PLAN NET ASSETS, STATEMENT OF CHANGES IN PLAN NET ASSETS, SUMMARY of CASH AND INVESTMENTS, BALANCE SHEET, REVENUES and REVENUE REPORT, EXPENSES and EXPENSE REPORT, PAYROLL JOURNAL, and VENDOR CHECKS REPORT, with Recommendation to APPROVE. ITEM NO. 10 CONTINUED DISCUSSION Regarding the FIREFIGHTERS’ PENSION INVESTMENT FUND (FPIF) Cash Flow Projection Report, to Determine whether a reoccurring draw is necessary and the amount, and to have the Fund Treasurer to Submit to FPIF by 6-1-2022, with Request to APPROVE or to Take Other Necessary Action. NEW BUSINESS CITIZENS’ OPPORTUNITY TO ADDRESS THE BOARD OF TRUSTEES EXECUTIVE SESSION ADJOURNMENT