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Chicago City Wire

Thursday, November 14, 2024

Municipal Employees' Annuity and Benefit Fund of Chicago met November 16.

Meeting 11

Municipal Employees' Annuity and Benefit Fund of Chicago met November 16.

Here is the minutes provided by the Board:

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

½% 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 10/31/2017

Miscellaneous:

Public Comment

Legislation

- Legislative Update

Investments

- Monthly Performance Report

- Third Quarter Performance Report

- Market Environment

- MEABF Staff Investment Report

- Watchlist

- Liquidity Needs

- NCPERS Communication - UBTI

Other

- Actuarial Assumptions Discussion

- FOIA Update

- PBS Update and Presentation

- Member Communication Update

- Staff Healthcare Renewal

- Physician RFP Update

- 2018 Meeting Dates and Office Calendar

- 2017 Trustee Election Certification

- Old Business

- Legal Update

Adjournment:

There being no further business to come before the Board, Trustee Keane made a motion to adjourn the meeting at 1:08 p.m. Seconded Trustee Johnson. Carried: Ayes - Trustee Guest, Trustee Johnson, Trustee Keane and Trustee McMahon. Nays-None.

https://www.meabf.org/assets/pdfs/meetings/minutes/2017-11-02_web_minutes.pdf