Chicago City Wire

City of Prospect Heights Police Pension Fund Board of Trustees met Jan. 14

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a.) October 8, 2024 Regular Meeting

b.) Semi-Annual Review of Closed Session Meeting Minutes

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

a.) Monthly Financial Report

b.) Presentation and Approval of Bills

c.) Additional Bills, if any

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.) Affidavits of Continued Eligibility

b.) Statements of Economic Interest

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 – Dylan Coleman

11. Applications for Retirement/Disability Benefits

a.) Deceased Pensioner – Joseph Whowell/Approval of Surviving Spouse Benefits –Jacqueline Whowell

b.) Approve Regular Retirement Benefits – William Caponigro

12. Old Business

a.) Portability Update – Jocelyn Garza

13. New Business

a.) Approve Annual Cost of Living Adjustments for Pensioners

b.) Review Trustee Term Expirations and Election Procedures

c.) Discussion/Possible Action – Schwab Accounts

14. Closed Session, if needed

15. Adjournment

https://www.prospect-heights.il.us/AgendaCenter/ViewFile/Agenda/_01142025-1489