Chicago City Wire

City of Prospect Heights Police Pension Fund Board of Trustees met April 9

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a.) January 9, 2024 Regular Meeting

5. Accountant’s Report – Lauterbach & Amen, LLP

a.) Monthly Financial Report

b.) Presentation and Approval of Bills

c.) Additional Bills, if any

i. Reimer Dobrovolny & LaBardi Invoice #30171

d.) Review/Update – Cash Management Policy

6. Investment Report

a.) IPOPIF – Verus Advisory, Inc

i. State Street Statements

7. Attorney’s Report – Reimer Dobrovolny & LaBardi PC

a.) Legal Updates

8. Communications and Reports

a.) Statements of Economic Interest

b.) Affidavits of Continued Eligibility

9. Trustee Training Updates

a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses

10. Applications for Membership/Withdrawals from Fund

a.) Application for Membership – Richard Herdus

11. Applications for Retirement/Disability Benefits

a.) Approve Regular Retirement Benefits – Todd Godair

12. Old Business

13. New Business

a.) Certify Board Election Results – Active and Retired Member Positions

b.) Discussion/Possible Action – Lauterbach & Amen, LLP Engagement Letter

c.) Review/Approve – Records Disposal Certificate

d.) Fiduciary Liability Insurance Renewal

e.) Review/Approve – Board Rules and Regulations

f.) Discussion/Possible Action – Independent Audit Report

g.) IDOI Annual Statement

14. Closed Session, if needed

15. Adjournment

https://www.prospect-heights.il.us/AgendaCenter/ViewFile/Agenda/_04092024-1417