Police Pension Board of Trustees

NOTICE OF A REGULAR MEETING OF THE WESTMONT POLICE PENSION FUND BOARD OF TRUSTEES The Westmont Police Pension Fund Board of Trustees will conduct a regular meeting on Tuesday, January 16, 2024 at 6:00 p.m. in the Westmont Village Hall located at 31 W. Quincy Street, Westmont, Illinois 60559, for the purposes set forth in the following agenda: AGENDA 1. Call to Order 2. Roll Call 3. Public Comment – Limited to 3 minutes per person 4. Approval of Meeting Minutes a.) October 16, 2023 Regular Meeting b.) Semi-Annual Review of Closed Session Meeting Minutes 5. Investment Report a.) IPOPIF – Verus Advisory, Inc. i) State Street Statements 6. Accountant’s Report – Lauterbach & Amen, LLP a.) Monthly Financial Report b.) Presentation and Approval of Bills c.) Additional Bills, if any d.) Discussion/Possible Action – Cash Management Policy 7. Treasurer’s Report 8. Trustee Reports 9. Communications and Reports a.) Statements of Economic Interest 10. Trustee Training Updates a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses 11. Applications for Membership/Withdrawals from Fund a.) Applications for Membership – Glen Blaylock and Bret Boyle b.) Resignations – John DePasquale, Daniel Rooney and Erik Santiago 12. Applications for Retirement/Disability Benefits 13. Old Business 14. New Business a.) Discussion/Possible Action – Fiduciary Liability Insurance Renewal b.) Discussion/Possible Action – Lauterbach and Amen, LLP Records Inventory and Disposal Service Engagement Letter c.) Approve Annual Cost of Living Adjustments for Pensioners d.) Certify Special Election Results – Active Member Position e.) Review Trustee Term Expirations and Election Procedures f.) Review/Possibly Approve – Resolution for Authorized Agents and Account Representatives from IPOPIF g.) Portability Update – Brett Jensen h.) Discussion/Possible Action – Chiefs Additional Roles and Effect on Pension 15. Attorney’s Report – Puchalski Goodloe, LLP a.) Discussion/Possible Action – Puchalski Goodloe LLC Fee Increase Proposal b.) Legal Updates 16. Closed Session, if needed 17. Adjournment