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Monday, November 25, 2024

City of Wheaton Police Pension Fund Board of Trustees met Nov. 21

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Michael Barbier, Councilman, East District | City of Wheaton Website

Michael Barbier, Councilman, East District | City of Wheaton Website

City of Wheaton Police Pension Fund Board of Trustees met Nov. 21

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment – Limit of 3 minutes per person

4. Approval of Meeting Minutes

a. August 15, 2024 Regular Meeting

5. Investment Reports – IPOPIF

a. Verus Advisory, Inc.

b. State Street Statements

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

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Additional Bills, if any

d. Discussion/Possible Action – Cash Management Policy

i. Repeat Monthly Withdrawal Instructions for 2025

7. Communications and Reports

a. Affidavits of Continued Eligibility

8. Applications for Membership/Withdrawals from Fund

a. Applications for Membership – Paul DeNovo, Adela Ebibi, Stephen Hermann, Eleftheria Lolis, Charles Schutt and Grace Turney

b. Resignation of Officer – Adela Ebibi

9. Applications for Retirement/Disability Benefits

a. Approve Regular Retirement Benefits – Rommy Klamerus

10. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

11. Old Business

a. Review/Approve – Actuarial Valuation and Tax Levy Request

b. Review/Adopt – Municipal Compliance Report

12. New Business

a. Request to Purchase Breaks in Service – Rommy Klamerus

b. Establish 2025 Board Meeting Dates

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

a. Legal Updates

b. QILDRO Update – Robert Krolikowski

14. Closed Session, if needed

15. Adjournment

https://www.wheaton.il.us/AgendaCenter/ViewFile/Agenda/_11212024-2684