Police Pension Board of Trustees

NOTICE OF A REGULAR MEETING OF THE WESTMONT POLICE PENSION FUND BOARD OF TRUSTEES The Westmont Police Pension Fund Board of Trustees will conduct a regular meeting on Tuesday, January 17, 2023 at 6:00 p.m. in the Westmont Village Hall located at 31 W. Quincy Street, Westmont, Illinois 60559, for the purposes set forth in the following agenda: AGENDA 1. Call to Order 2. Roll Call 3. Public Comment – Limited to 3 minutes per person 4. Approval of Meeting Minutes a.) October 18, 2022 Regular Meeting b.) Semi-Annual Review of Closed Session Meeting Minutes 5. Investment Report a.) IPOPIF – Verus Advisory, Inc. i) State Street Statements 6. Accountant’s Report – Lauterbach & Amen, LLP a.) Monthly Financial Report b.) Presentation and Approval of Bills c.) Additional Bills, if any d.) Discussion/Possible Action – Cash Management Policy 7. Treasurer’s Report a.) Discussion/Possible Action – Closing of Local IMET and IL Funds Pension Fund Accounts b.) Discussion/Possible Action – Pension Fund Investment Policy 8. Trustee Reports 9. Communications and Reports a.) Statements of Economic Interest 10. Trustee Training Updates a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses 11. Applications for Membership/Withdrawals from Fund 12. Applications for Retirement/Disability Benefits a.) Approve Regular Retirement Benefit – Gregory Hausner 13. Old Business a.) Transfers of Creditable Service from IMRF Pursuant to HB-12 – Jeremy Durst b.) Certify Special Election Results – Active Member Position c.) Discussion/Possible Action – IPOPIF Authorized Agents and Representatives Status Updates d.) Discussion/Possible Action – Fidelity/Crime Coverage Proposal 14. New Business a.) Discussion/Possible Action – Fiduciary Liability Insurance Renewal b.) Approve Annual Cost of Living Adjustments for Pensioners c.) Review Trustee Term Expirations and Election Procedures d.) Review/Approve – IMRF to Article 3 Transfer for Michael Weibler e.) Discussion/Possible Action – Update Local Account Collateralization Agreement f.) Portability Update – Thomas Swoboda g.) Disability Buyback – Thomas Swoboda 15. Attorney’s Report – Puchalski Goodloe, LLP a.) Legal Updates 16. Closed Session, if needed 17. Adjournment