Municipal Employees' Annuity and Benefit Fund Board of Chicago met March 22.
Here is the agenda provided by the Board:
A. Approve Minutes of Previous Meeting(s) – February 14, 2018, February 22, 2018
1. Request the Board approve the written record of the previous month’s Board Meeting.
B. Approve Executive Session Minutes – February 22, 2018 (Total – 2)
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 in accordance with determined length of absence.
• 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 in accordance with determined length of absence.
• 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 Member 85392 (Felony Conviction)
1. Consideration and possible approval to defer scheduled Board Hearing to April 19, 2018
Legislation
1. Discussion and possible direction to staff regarding proposed Legislation that may affect 40 ILCS 5/1 or 5/8
Investments
Market Environment
Monthly Performance Report
MEABF Staff Investment Report
Watchlist
1. Request the Board approve the removal or addition of Manager(s) 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
Interim Investment Consultant Agreement*
1. Consideration and possible approval of Interim Investment Consulting Agreement until the Completion of Current RFP
Other
PA 100-0040 Cyber Training Requirements - Trustees
FOIA Update
Old Business
1. Sexual Harassment Policy Training Discussion
Legal Update*
1. Consideration and possible action regarding payment to the Illinois Department of Family Services involving Member 10746
https://www.meabf.org/assets/pdfs/meetings/agenda/2018-03-02__Posted_Agenda.pdf
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