Police Pension Board

DEKALB POLICE PENSION FUND Board of Trustees AGENDA April 18, 2014 10:00AM DeKalb Police Conference Room 1. Call to Order. CLOSED SESSIONS MUST BE TAPED! Post agenda 48 hours prior! 2. Roll Call. 3. Minutes. 4. Public Comment. 5. Treasurer’s Report. 6. Old business. 7. Bills for Payment. a) Consulting fee Wall and Associates $8,576.06 for 1st quarter 2014. b) Asset Holding Charges Castle Bank #5004488 04/11/14 $777.00 for 1st quarter 2014. c) Mesirow Insurance Services #835486 01/23/14 $7,985 for fiduciary insurance renewal (#70044 2/4/14). d) Lauterbach and Amen #4404 $700 for December, 2013; #4653 $700 for January, 2014; #4946 $460 for 2013 10-99’s; #5132 $700 for February, 2014. e) $1,911 for FY13 CAFR. 8. Applications for Membership. 9. Requests for Benefits 10. New Business. a) Election held for retiree and active Board members week of 4/21/14. b) Leach to be reappointed to Board April 28. c) IDOI actuarial report received and forwarded to City. State recommendation was $2,071,570 vs. City’s levy of $1,472,175. Difference of $599,395. d) Ryan Wilkens to be credited with three years, four months, and two days of service after transferring his service credit ($47,929) from Glen Ellyn P.D. e) Sikich engaged for this year’s audit. 11. Adjournment. Next meeting July 11, 2014.