Firefighters' Pension Fund Board

Regular Meeting of the WHEATON FIREFIGHTERS’ PENSION FUND BOARD OF TRUSTEES Monday, May 18, 2015 2:00 PM Fire Station #1 (38) – 1 Fapp Circle Agenda 1. Call to Order 2. Roll Call 3. Election results a. Approval for special active member election, 1 year term (unexpired term) b. Certify election results for active and retired member positions c. Conduct Board Officer elections for President and Secretary 4. Public Comment (limited to 3 minutes per person) 5. Approval of the Prior Meeting Minutes a. February 9, 2015 regular meeting minutes – in board packet 6. Lauterbach & Amen Accountant’s Report a. Review and accept monthly financial report – in board packet b. Discuss DOI Annual Statement (salary review) c. L&A to prepare the Annual Affidavits of Continued Eligibility in June, due back 07/31/2015 d. L&A notice of new payroll software system, roll out from March to September – in board packet e. Review L&A engagement letter for potential approval – in board packet 7. Presentation and Approval of Bills a. Review and approve January, February and March 2015 disbursements – in board packet 8. Marquette Investment Report a. Review quarterly investment report – potential purchase and/or sale of securities, potential portfolio and/or hiring or termination of investment managers 9. Old Business a. Trustee Training summary – in board packet b. FOIA, OMA designee to complete online training c. Update on Treasurer’s resolution – possible action d. Statements of Economic Interest (SEI) – confirm all Trustees have this completed e. DOI compliance audit, final report - respond to the Summary of Findings 10. New Business a. Discuss GASB required reporting b. Update on City annual audit c. Authorize payment of IPPFA fall conference registration d. Authorize payment of DOI Compliance fee invoice (mailed in mid-May, payment due 06/30/15) e. Approve retirement benefit calculation for Asst. Fire Chief/Shift Commander Dwight E. Becker – in board packet f. Approve retirement benefit calculation for Lt. Stephen A. Lambe g. Authorize payment for new trustee, certified training program for John Cochran 11. Personnel Update a. Accept newly hired Firefighters: Peter Vassios, DOH 02/23/2015, Tier 1; Matthew Ackerman, DOH 03/09/2015, Tier 2; Nicholas Mellinger, DOH 03/09/2015, Tier 2 12. Attorney Report a. Legal Updates – in board packet 13. Adjournment Next Scheduled Board Meeting will be August 17, 2015 at 2:00 p.m. 5/13/15