Municipal Employees' Annuity and Benefit Fund of Chicago met April 19.
Here is the agenda provided by the Board:
A. Approve Minutes of Previous Meeting(s) – March 12, 2018, March 22, 2018 (Total- 2)
1. Request the Board approve the written record of the previous month’s Board Meeting.
B. Approve Executive Session Minutes – March 22, 2018 (Total – 1)
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 action regarding termination in annuity benefits in accordance with 40 ILCS 5/8-251
Legislation
Legislative Update
Investments
Market Environment
Monthly Performance Report
First Quarter MWDBE Update
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
Manager Presentation*
1. Discussion and possible action with respect to investment manager
Investment Consultant RFP*
1. Discussion and selection of Investment Consultant
Other
Medical Services Provider Interviews
1.Interview and approval of Medical Services Provider
Consideration and Approval of Executive Session Review*
2018 Trustee Election Update
FOIA Update
Old Business
Legal Update*
https://www.meabf.org/assets/pdfs/meetings/agenda/2018-04_Posted_Agenda.pdf
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