City of Peoria Police Pension Fund Board of Trustees met Feb. 13.
Here is the agenda provided by the board:
1. Call to Order
2. Roll Call
3. Meeting Minutes
A. Review and Approve November 14, 2024, Regular Meeting Minutes.
4. Accountant’s Report – Lauterbach and Amen, LLP
A. Review/Accept Monthly Financial Reports as of December 31, 2024.
1) Review Cash Reserves and Cash Flow Projections
2) Approve Vendor Check Report and Payment of Bills
3) Approve 2025 COLAs.
4) Approve Additional Bills
a) Foster & Foster: Invoices 34095-Nov., 34500-Dec., 34924-Jan., 34747
b) Reimer Dobrovolny & Labardi PC: Invoices 31275-Dec., 31474-Feb.
c) Lauterbach & Amen, LLP: Invoices 97526-Oct., 98549 -Nov., 99569-Dec.
5. Investment Report-Sawyer Falduto Asset Management
A. Review/Accept Sawyer Falduto Asset Management’s Report as of December 31, 2024.
B. Review Illinois Police Officers’ Pension Investment Fund NRS Monthly Statements as of December 31, 2024.
C. Review IPOPIF’s Verus Performance Statement as of December 31, 2024.
6. Cash Management
A. Review Cash Flow Projections and Discuss Cash Management Needs.
B. Amend Cash Management Directives and Update eCFM Form, If Needed.
C. Add and/or Remove Authorized Agents and/or Account Representatives by Resolution, If Needed.
7. Membership Updates
A. Applications for Membership
1) Adrielle Powell
2) Ahmad Washington
3) Austin Park
4) Benjamin Hanley
5) Daniel Melland
6) Damario Taylor
7) John Harris
8) Luis M. Covarrubias
9) Michael Williams
10) Shundale Wilcox
11) Tyler Siddles
B. Applications for Retirement and/or Disability Benefits
1) Mark Lamb
2) Matthew J. Mocilan
3) Earnest McCall (QILDRO)
C. Withdrawals from the Fund and/or Contribution Refunds.
D. Deceased Members and/or Applications for Surviving Spouse Benefits
8. Old Business
A. 2025 Training Events & Opportunities
1) IPPFA-New Trustee Training
2) IPPFA Training Opportunities
3) ILMA Training Opportunities
B. Approve Trustee Training Registration Fees and Reimbursable Expenses, If Needed.
C. Status of Affidavits of Continued Eligibility
D. Status of Municipal Compliance Report
9. New Business
A. Review and Approve Letter and Form for 2025 Notice of Election for the purpose of conducting nominations for two expiring active member trustee positions.
B. Review and Approve Letter and Form for 2025 Notice of Election for the purpose of conducting nominations for one expiring retired member trustee position.
10. Attorney’s Report – Reimer Dobrovolny & LaBardi PC
A. Quarterly Newsletter and Legal Updates
11. Public Comment
12. Closed Session, If Necessary
13. Adjournment
NEXT MEETING DATE: MAY 15, 2025
https://il-peoria.civicplus.com/AgendaCenter/ViewFile/Agenda/_02132025-819
