Police Pension Board

NILES FIREFIGHTERS’ PENSION FUND 8360 Dempster, Niles, IL 60714 November 13, 2014 8:30 a.m. Pension Meeting Order Of Business 1. CALL MEETING TO ORDER: 2. ROLL CALL: 3. PUBLIC COMMENT: 4. ACTUARIAL REPORT Art Tepfer Current Actuarial Evaluation Recommendation of Tax Levy to the Village 5. DISCUSSION OF BANKING FEES 5th 3rd Banking Services and Fees Survey results from other fire and police pension funds 6. PRESENTATION BY LAUTERBACH AND AMEN LLP 7. READING AND APPROVAL OF MINUTES OF LAST MEETING: August 12, 2014, Special Meeting August 27, 2014, Special Meeting September 25, 2014, Special Meeting October 15, 2014 Six-month review of closed meeting minutes 8. INVESTMENT ADVISOR’S REPORT: Financial Advisor Determination and Update Approval of investment advisor contract 9. TREASURER'S REPORT: FY 2014 Statement of Changes in Plan Assets/Audit Results Approval of Annual and Required Reports to the Municipality Dan Driscoll September 1, 2014 Increase Pension Analysis Update 10. OLD BUSINESS: Annual Disability IME Physicals Update 11. APPROVAL OF BILLS AND DISBURSEMENTS: Checks for a total of 12. NEW BUSINESS: Don Kaderabek Retirement Frank Laurie Disability Retirement Update Anna Larson’s Pension Benefit Change Actuarial services RFP 13. TRAINING: 14. NEXT MEETING: Schedule 2015 Meetings 15. ADJOURNMENT: