Police Pension Board

DEKALB POLICE PENSION FUND Board of Trustees AGENDA January 15, 2016 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 1/11/16 $9,749.96 for 4th quarter 2015. b) Asset Holding Charges First National Bank 1/11/16 $858 for 4th quarter 2015. c) Lauterbach and Amen #12651 $660 9/25/15 for FY15 report, #12793 10/20/15 $740 for September, 2015, #12652 9/25/15 $1,000 for annual affidavits of eligibility (all paid by #30109 10/28/15); #13311 $740.00 11/20/15 for October, 2015 (#30111 11/23/15); #13880 $740.00 12/20/15 for November, 2015. d) Reimer Dobrovolny & Karlson LLC #20141 10/16/15 $607.95 Smith and Spartz QILDRO’s and Diedrich annual exam (#30108 10/23/15); #20263 11/25/15 $199.70 Smith QILDRO and reschedule Diedrich exam (at pensioner’s request); #20383 12/21/15 $218.75 Biarnesen QILDRO. e) Sikich #233803 FY15 audit 11/23/15 $4,000 (#30112 11/25/15). f) INSPE Associates Ltd #48724 11/30/15 $1,815.60 Diedrich annual exam. 8. Applications for Membership a) Danielle Huber DOH: 12/28/15. 9. Requests for Benefits a) Biarnesen retirement 10/24/15. b) Quist retirement 11/5/15. c) Reynolds retirement 01/17/16. 10. New Business  a) Demand letter sent to Mayor & Council 11/10/15. b) IDOI actuarial Valuation received 11/10/15. c) Sharpe actuarial Valuation emailed to IDOI 12/15/15. d) Municipal Compliance Report sent to Mayor & Council 12/4/15. e) File results of Diedrich annual examination. f) Approve 2016 COLA increases. 11. Adjournment. Next meeting April 15, 2016. 2016 meeting dates: January 15, April 15, July 29 (note this is 5th Friday of the month), and October 21.