City of Peoria Firemen's Pension Fund Board of Trustees will meet Aug. 28.
Here is the agenda provided by the Board:
A Regular Meeting of the Board of Trustees of the Firemen’s Pension Fund of Peoria, Illinois, will be held this date at City Hall, Room 404, 419 Fulton Street, Peoria, Illinois, at 9:30 A.M. with proper notice having been given, for the purpose of conducting regular Firemen’s Pension Fund business.
Roll Call
Roll Call of the following members: Ball, Nichting, Phillips, Troglio, President Nieukirk – 5.
Invocation
Moment of silence in remembrance of those Firefighters who lost their lives while serving their community.
Minutes
Recommendation to Approve the Minutes of the Regular Board Meeting held on July 24, 2017, as printed.
Unfinished Business
Item No. 1 Presentation By Foster & Foster Regarding the January 1, 2017, Actuarial Valuation, with Request to Receive and File
Regular Business
Item No. 2 Presentation by Various International Managers, with Request to Receive and File or Take Other Action.
Item No. 3 Monthly Portfolio Performance Review by TOM McShane Graystone Consulting (A business of Morgan/Stanley Smith-Barney), and Discussion Regarding Recommendations, Possible Action Regarding the Firemen’s Pension Fund Portfolio Performance, and Discussion and Review of the Asset Allocations, Review of the Open Orders with the S&P 500 Exchange Traded Fund (ETF), with Request to Receive and File Reports or Take Other Action.
Item No. 4 Report from Fire Marshal Charles Lauss of Pension Fund Contributions, which were made by payroll deductions during the Month of July 2017, from the active members of the Peoria Fire Department and which checks were turned in to the City Treasurer’s Office by Director of Finance/Comptroller, with Recommendation to Concur and Receive and File.
Payroll Period When Deducted Amount
June 21, 2017 – July 5, 2017 July 14, 2017 $ 69,514.35
July 6, 2017 – July 20, 2017 July 31, 2017 $ 69,192.37
$138,706.72
Item No. 5 Request to Approve the following BILLS:
Pensions for August 2017 (dated August 31, 2017). $1,101,161.32
Foster & Foster Actuarial Valuation and Report – January 1, 2017. 8,116.00
Lauterbach and Amen – Professional Services for July 2017. 3,245.00 \Associated Fire Fighters of Illinois – Pension Seminar Registration for Ralph Phillips 175.00
Subtotal For August 2017. $1,058,629.39
Segall Bryant & Hamill – Mgmt Fee 4/1/17 through 6/30/17. 15,989.63*
Kayne Anderson Rudnick – Mgmt Fee 7/1/17 through 9/30/17. 14,300.00*
Grand Total For August 2017. $1,074,918.96
*No check should be processed for this amount. This amount is to be automatically deducted from the account.
Item No. 6 Monthly Financial Reports from Lauterbach & Amen, LLP for the Month of July 2017, which Includes the Statement Of Plan Net Assets, Statement Of Changes In Plan Net Assets, Summary Of Cash And Investments, Balance Sheet, Revenues and Revenue Report, Expenses And Expense Report, Payroll Journal, and Vendor Checks Report, with Recommendation to Approve.
Item No. 7 Revised Receipts and Disbursements Reports for Harris Bank from Patrick Nichting, Treasurer, for the Month of JUNE 2017, with Recommendation to Receive and File.
Item No. 8 Receipts and Disbursements Reports for Peoria Community Bank and Harris Bank from Patrick Nichting, Treasurer, for the Month of JULY 2017, with Recommendation to Receive and File.
Item No. 9 Request for Approval of a Resolution Authorizing Trustee Patrick Nichting the Power To Invest, and Authorize Trustee Nichting to Maintain a Minimum of $10,000.00 in the Harris Bank Account.
Item No. 10 Request To Receive And File The Peoria Firemen’s Pension Fund Financial Statements And Independent Auditor’s Report From Sikich For Year Ended December 31, 2017.
Item No. 11 Discussion Regarding A Qualified Illinois Domestic Relations Order And Consent For An Issuance For Tammy S. Pierson, Previously Married to Firefighter Bradley A. Pierson, with a Request to Receive and File or Take Other Action Deemed Appropriate.
Item No. 12 Discussion Regarding a Qualified Illinois Domestic Relations Order And Consent For An Issuance for Rollanda F. Mccoy, Previously Married to Firefighter James L. Mccoy, with a Request to Receive and File or Take Other Action Deemed Appropriate.
Item No. 13 Discussion Regarding a Community Presentation on Police and Fire Pension with Request to Receive and File or to Take Other Action Deemed Necessary.
Item No. 14 Discussion Regarding the 2017 AFFI Conference October 9 – 10, 2017, with Request to Allow Board Members to Attend and to Receive Reimbursement for Per Diem, Mileage, and Hotel Expenses.
Unfinished Business (Continued)
Item No. 15 Continued Discussions Regarding A Qualified Illinois Domestic Relations Order And Consent For An Issuance For Heidi Schoenbein N/K/A Chiavario, Previously Married to Firefighter Fritz W. Schoenbein, with a Request to Receive And File Or Take Other Action Deemed Appropriate.
Item No. 16 Continued Discussion Regarding The Buyback Of Military Time, with a Request to Receive and File or Other Action Deemed Appropriate.
New Business
Citizens’ Opportunity To Address The Board Of Trustees
Executive Session
Adjournment
http://www.peoriagov.org/content/uploads/2017/01/8-28-17-FIREMENS-PENSION-FUND-BOARD-MTG-AGENDA_1503594754_add.pdf
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