Municipal Employees' Annuity and Benefit Fund of Chicago met June 22.
Here is the agenda provided by the Fund:
A. Approve Minutes of Previous Meeting(s) – May 18, 2017
1. Request the Board approve the written record of the previous month’s Board Meeting.
B. Approve Executive Session Minutes – May 18, 2017 (1)
1. Request the Board approve the written record of the closed session of the previous month’s Board Meeting, and that such written minutes and the recorded minutes be kept confidential under applicable Open Meetings Act provisions.
C. Agenda
• All Refunds
1. Request the Board approve the refund disbursements of refunds to qualified applicants under 40 ILCS 5/8-168-171.
• Administrative & Investment Fees
1. Request the Board approve disbursements to service providers of the Fund.
• Annuities for Employees, Widows, Widowers, Minor Children, Reversionary, Adjusted Annuities
1. Request the Board approve annuities to members or their beneficiaries who qualify for such annuities under 40 ILCS 5/8-130-133, 5/8-138, 5/8-139, 5/8 142,
5/8-148, 5/8-150.1, 5/8-158-159.
• Ordinary & Duty Disability Benefits
1. Request the Board approve monthly disbursement(s) of disability payments to those members who qualify under 40 ILCS 5/8-160–162.
• Ordinary & Duty Disability Extensions
1. Request the Board approve the extension of monthly disbursement(s) of disability payments to those members who qualify under 40 ILCS 5/8-160–162.
2. 90 Day Extension Request in accordance with 40 ILCS 5/8-163(d).
1. Larry Banks 11-17-07
2. Yvonne Bell 11-25-13
3. David M. Conner 07/01/14
4. Juan Covarrubias C 11/03/15
5. Nikki Flisk 08/03/11
6. John Heredia 05/28/15
7. Theodore Hurt 10/07/07
8. Fernando Izaguirre 06/07/14
9. Donald Jaroscak 02/10/15
10. Starling Mullins 11/23/15
11. Dale Penn 03/11/14
12. Rodolfo Ramirez 07/02/15
13. Robert R. Sanchez 10/01/04
• Adjusted Disabilities
1. Request the Board approve the adjustment of disability payments to those members who qualify under 40 ILCS 5/8-160-162.
• Membership Applications
1. Request the Board approve the application for membership of employees who have an option to join the Fund under 40 ILCS 5/8-113(d)(e)(g).
• Change in Dates of Birth
1. Request the Board approve the changes in records to reflect correct dates of birth when sufficient proof is provided to the satisfaction of the Fund under 40 ILCS
5/8-148.
• Approve Treasurer’s Report
1. Approve and file the Treasurer’s Monthly Statement of Account
Miscellaneous:
Roll Call
Public Comment
Legislation:
Legislative Update
Investments:
Market Environment
Monthly Performance Report
Watchlist
1. Request the Board approve the removal or addition of Managers to the Watchlist for reasons outlined in the Fund’s Investment Policy
Liquidity Needs
1. Request the Board approve the liquidation of investments in the Fund’s portfolio to assist in the payment of benefits
Alternative Investment Discussion
Other:
2016 Audit Report – Bansley & Kiener
1. Approve and file 2016 Audit Report
2017 Trustee Election Update
FOIA Update
Signature Resolution
1. Adopt Updated Signature Resolution
Social Media Plan / Usage Discussion
Legal Update*
“*”Topics may be discussed in closed session in accordance with applicable Open Meeting Act provisions.
http://www.meabf.org/assets/pdfs/meetings/agenda/Posted_Agenda_2017-06r1.pdf
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