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Saturday, September 20, 2025

City of Peoria Police Pension Fund Board of Trustees met Aug. 14

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Timothy Riggenbach, 3rd District Council Member | City of Peoria Website

Timothy Riggenbach, 3rd District Council Member | City of Peoria Website

City of Peoria Police Pension Fund Board of Trustees met Aug. 14.

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Meeting Minutes

A. Review and Approve May 15, 2025, Regular Meeting Minutes

B. Review and Approve June 2, 2025, Special Meeting Minutes

4. Accountant’s Report – Lauterbach and Amen, LLP

A. Review and Accept Monthly Financial Report as of June 30, 2025

B. Review Cash Reserves and Cash Flow Projections

C. Approve Vendor Check Report and Payment of Bills

D. Approve Additional Bills

1) Foster & Foster: Invoices 36268, 36471, 36903, 37266

2) Lauterbach & Amen, LLP Invoices: 104018, 104936, 105257, 105975

3) Reimer Dobrovolny & Labardi PC: Invoice 32055, 31838

5. Investment Report – Sawyer Falduto Asset Management

A. Review and Accept Asset Management Report as of June 30, 2025

B. Review Illinois Police Officers’ Pension Investment Fund Monthly Investment Report as of July 31, 2025

C. Review Illinois Police Officers’ Pension Investment Fund Monthly Statement as of July 31, 2025

6. Cash Management

A. Review of 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

B. Applications for Retirement and/or Disability Benefits

1) Michael B. Clark (Retirement)

2) Brian D. Terry (Retirement)

C. Withdrawals from the Fund and/or Contribution Refunds

D. Deceased Members and/or Applications for Survivor Benefits

1) Darlene R. Armentrout/Heath M. Armentrout (06/17/25)

2) Rosiland A. Swain/Danny W. Swain (06/30/25)

3) Erine Stanley (05/13/25), No Beneficiaries

4) Lillian Knight (05/05/25), No Beneficiaries

5) Ann Ruggles – Beneficiary Status Update

E. Other

1) Evan Z. Eichelkraut – Purchase of Military Service

2) Joshua Svoboda – Purchase of Military Service

8. Old Business

1) 2025 Events and Training Opportunities

2) State Annual Report - Update

3) 2025 Rules and Regulations – Update

4) Secretary Seat - Update

5) Final Audit Report - Update

9. New Business

A. Review & Approve Letter and Form for 2025 Affidavits of Continued Eligibility

B. Review & Approve Lauterbach & Amen’s proposal for PSA Services

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

A. Legal Updates - July 2025 Newsletter

B. Adopt and Publish Decision and Order in the James M. Chiola Retirement Matter

C. Adopt and Publish Decision and Order in the Paul Deeb Retirement Matter

11. Public Comment

12. Closed Session, If Necessary

13. Adjournment

NEXT MEETING DATE: NOVEMBER 13, 2025

https://pipeline.locallabs.com/stories/674307300

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