Municipal Employees' Annuity and Benefit Fund of Chicago Board met Aug. 22.
Here is the agenda provided by the Board:
A. Approve Minutes of Previous Meeting(s) – July 19, 2018 (Total- 1)
1. Request the Board approve the written record of the previous month’s Board Meeting.
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
Legislation
Legislative Update
Investments
Market Environment
Second Quarter Performance Report
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
Core Fixed Income RFP Update
1. Consideration of Fixed Income Funding source
Emerging Managers of Manager RFP Update
Asset Allocation-Infrastructure RFP
1. Request the Board approve a revised asset allocation
2. Request the Board approve the Infrastructure RFP
Other
PBS Update
2018 Rules of Election
1. Consideration and possible action regarding the 2018 Rules of Election
2. Consideration and possible action regarding online Election Provider
3. Consideration and possible action regarding independent election administrator
Authorize Signer
1. Request the Board approve the Deputy Executive Director as an authorized signatory
Administrative Rule for Annuity Payment Effective Date
1. Consideration and possible action regarding Board approval of Administrative Rule for Annuity Payment Effective Date
FOIA Update
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/2018-08_Posted_Agenda.pdf
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