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Saturday, April 20, 2024

Municipal Employees' Annuity and Benefit Fund of Chicago met February 23.

Municipal Employees' Annuity and Benefit Fund of Chicago met February 23.

Here is the minutes provided by the Fund:

Call to Order

Roll Call

Secretary's Report- Recording Secretary presents minutes of previous meetings for approval.

Refunds- Errors in deduction and non-members

Full refunds to employees due to separation from service

Refund in accordance with Section 8-170 of the law governing the Fund

Refund Reissued to New Payee

Refund elections in lieu of annuity

Refund of Spousal Contributions

1⁄2% refunds to new annuitants

Adjusted Refund

Invoices- Administrative and Investment Fees

Annuities- Annuities for Employees Annuities for Widows, Widowers and Minor Children, Reversionary Annuities Adjusted Annuities

Disability- Applications for Duty and Ordinary Disability benefits

Applications for Extensions of Duty and Ordinary Disability benefits

Adjusted Duty and Ordinary Disability benefits

Membership- Applications

Change in Dates of Birth

Administrative Review

Treasurer's Report- City Treasurer's Statement of Account As of 01/31/2017

Miscellaneous:

Roll Call

Public Comment

Legislative Update

Investments:

- Market Environment

- Fourth Quarter Performance Report

- Monthly Performance Report

- Watchlist - Liquidity Needs

- Hedged Equity RFP Update

- Asset Allocation Update

- Fixed Income Discussion

Other:

- Semi Annual Executive Session Review

- 2017 Signature Resolution

- Fund 457 Savings Plan

- FOIA Update

- Legal Update

http://www.meabf.org/assets/pdfs/meetings/minutes/2.2017-02_Minutes.pdf