Municipal Employees' Annuity and Benefit Fund of Chicago will meet December 21.
Here is the agenda provided by the Fund:
A. Approve Minutes of Previous Meeting(s) – November 6, 2017, November 16, 2017
1. Request the Board approve the written record of the previous month’s Board Meeting.
B. Approve Executive Session Minutes
1. Request 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.
B. 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, Suspended 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.
a) Grujicic, Marjana E.
b) Gonzales, Daniel C.
c) Shakboua, Omar T.
2. Request the Board approve the 90 Day Extension Request in accordance with 40 ILCS 5/8-163(d).
a) None.
• 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
The Matter of Joseph Notaro (Annuity Adjustment)
1. Consideration and Possible Approval of Revised Annuity and Recoupment of Overpayment
Legislation
Legislative Discussion*
1. Discussion and Possible Action regarding draft legislation
Investments:
Market Environment
Monthly Performance Report
MEABF Investment Report
Newport Capital Update
Small Cap Value Search Update
Core Fixed Income RFP
1. Request approval to issue RFP for Active Core Fixed Income Manager
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
Other:
Election of Officers
1. Consideration and Possible Action Regarding the Election of Board Officers in
accordance with 40 ILCS 5/8-195.
Actuarial Assumption Discussion
FOIA Update
2018 MEABF Operational Budget*
1. Consideration and Possible Action Regarding the 2018 MEABF Operational
Budget
Old Business
Legal Update*
“*”Topics may be discussed in closed session in accordance with applicable Open Meeting Act provisions.
https://www.meabf.org/assets/pdfs/meetings/agenda/Posted_Agenda_2017_12_02.pdf
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