Firemen’s Pension Fund Board of Trustees

MARCH 27, 2023 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 Board Meeting held on February 27, 2023, as printed. REGULAR BUSINESS ITEM NO. 1 MONTHLY PORTFOLIO PERFORMANCE REVIEW from MARQUETTE ASSOCIATES (FPIF) dated January 31, 2023; and the MONTHLY STATEMENT of RESULTS from NORTHERN TRUST dated February 2023, 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 FEBRUARY 2023, 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 January 21, 2023 – February 5, 2023 February 15, 2023 $ 67,491.30 February 6, 2023 – February 20, 2023 February 28, 2023 $ 67,102.82 TOTAL $134,594.12 ITEM NO. 3 Request to APPROVE the following BILLS: Pensions for March 2023 (dated March 31, 2023) ......................................$1,575,195.80 SIKICH, LLP – Prof Services- Audit Year Ended 12/31/22.......................... 9,500.00 Lauterbach & Amen PC – Prof Svcs – January 2023 …………………… .... 3,620.00 Trina D. Bonds – 1st Quarter Admin Svcs (Jan – Mar) ................................ 1,350.00 SUB-TOTAL FOR FEBRUARY………………………………………………. ..$1,589,665.80 APPROVE GRAND TOTAL FOR FEBRUARY.…………………………………… $1,589,665.80  PAGE 2 ITEM NO. 4 QUALIFIED ILLINOIS DOMESTIC RELATIONS ORDER for Leigh Ann Hughes, Previously Married to Firefighter MICHAEL R. HUGHES, with Request to APPROVE. ITEM NO. 5 Notification of REQUEST from LAUTERBACH & AMEN to Accept Payment and Recognize the Purchase as Paid in Full in the Amount of $131.39 for CREDITABLE SERVICE – “RECIPROCITY” for CARSON CHEESMAN, with Request to RECEIVE and FILE. ITEM NO. 6 REQUEST to APPROVE the FIRE CONTRIBUTION REFUND from TREVOR T. LEVY, in the Amount of $18,673.50, to be Paid Directly to TREVOR T. LEVY. ITEM NO. 7 MONTHLY FINANCIAL REPORT from LAUTERBACH & AMEN, LLP for the Month of JANUARY 2023, 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. 8 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. ITEM NO. 9 DISCUSSION Regarding the ACTIVE TRUSTEE and INACTIVE TRUSTEE FIRE PENSION ELECTION with Request to Receive and File. ITEM NO. 10 REQUEST for the Approval to CHANGE the TIME of the APRIL 24, 2023, REGULAR BOARD MEETING to Conduct Regular Firemen’s Pension Fund Business and TO SET a DATE, TIME, and PLACE for a SPECIAL BOARD MEETING on the Evening of APRIL 24, 2023, to Hold a Swearing-In Ceremony for NEWLY ELECTED TRUSTEES. UNFINISHED BUSINESS ITEM NO. 11 CONTINUED PRESENTATION by MARQUETTE and/or NORTHERN TRUST for a Year-End Review of the Fire Pension Portfolio, with Request to with Request to Receive and File. ITEM NO. 12 CONTINUED REVIEW/POTENTIAL APPROVAL of COLLATERALIZATION AGREEMENT FOR HARRIS ACCOUNT, with a Request to RECEIVE and FILE or Take Other Action Necessary. NEW BUSINESS CITIZENS’ OPPORTUNITY TO ADDRESS THE BOARD OF TRUSTEES EXECUTIVE SESSION ADJOURNMENT