Police Pension Board

Public participation is invited on each agenda item prior to the Board's deliberation. When called upon, please approach the microphone and state your name and the address where you live. Kindly limit your remarks to three (3) minutes. VILLAGE OF VILLA PARK Village Hall, Committee of the Whole Room 20 S. Ardmore Avenue Villa Park, IL 60181 Police Pension Board February 15, 2023 8:30 AM 1. Call to Order - Roll Call Establishment of Quorum 2. Public Comment 3. Approval of Minutes A. November 10, 2022 Regular Meeting Minutes B. Semi-Annual Review of Closed Session Meeting Minutes 4. Accountant's Report A. Monthly Financial Report B. Presentation and Approval of Bills - Disbursement Warrant Report C. Additional Reports 5. Investment Report A. Quarterly Investment Performance Report B. Review/Update Investment Policy 6. Communications and Reports A. Affidavits of Continued Eligibility B. Statements of Economic Interest 7. Trustee Training Updates A. Approval of Trustee Training Registration Fees and Reimbursable Expenses 8. Applications for Membership/Withdrawals from Fund 9. Applications for Retirement/Disability Benefits A. Approve Regular Retirement Benefit - Jeffrey Runge 10. Old Business A. Military Buyback Update 11. New Business A. Discussion - Status of DOI Annual Statement and Year-End Timeline B. Approve Annual Cost of Living Adjustments for Pensioners C. Review Trustee Term Expirations and Election Procedures 1  D. Discussion/Possible Action - Lauterbach & Amen, LLP Engagement Letter 12. IPOPIF A. Written Notice of Investment Consultants, Managers and Custodians of Asset Transfer Date B. Cash Flow Projections Chart C. Identification of Transition Cash Retention D. Discussion/Possible Action - Interim Cash Management Policy E. Collateralization of Local Accounts F. Appointment of Account Representatives for eCFM Portal by Resolution G. eCFM Portal Form 13. Attorney's Report A. Legal Updates B. Review, Adopt and Publish Written Decision and Order - Jeffrey Runge 14. Executive Closed Session If Necessary 15. Adjournment The Villa Park Village Hall is subject to the requirements of the Americans with Disabilities Act of 1990. An elevator is operational at the north side entrance to the Village Hall during normal work hours and also during evenings. Individuals with special needs are requested to contact the Village's Compliance Officer at (630) 834-8500 so that reasonable accommodations can be made for those persons. 2