City of Alton Police Pension Board met July 28.
Here is the agenda provided by the board:
1. CALL TO ORDER / ROLL CALL
2. PUBLIC COMMENTS
3. MINUTES – Read and approve the minutes for previous board meeting
4. CORRESPONDENCE
a) Wolf Popper – February, March & April 2020;
b) Illinois Police Officers’ Pension Investment Fund memo dated July 10, 2020
c) Gubernatorial Disaster Proclamation dated June 26, 2020 (and subsequent renewals);
d) Discuss provisions of Public Act 101-0640, effective June 12, 2020 and changes to the Open Meetings Act.
5. BILLS
a) Illinois Department of Insurance, invoice G71304, $4,911.38, ratify payment of IDOI compliance fee;
b) Board Clerk, Jennifer Lando (July: $1,150; August: $1,150; September: $1,150);
c) Jennifer Lando, postage, $6.95 (certified mailing of Rauschkolb’s Warrant for Benefits);
d) Lowery Asset Consulting, invoice 1112371, $3,500.00 (2nd quarter 2020);
e) Dennis J. Orsey, P.C. $1,575.00 (quarterly retainer);
f) Liftoff LLC, email account license for 1 year plus archiving, $132.00
g) Others
6. TREASURER’S REPORT (April, May & June 2020) and Annual Treasurer’s Report (April 1, 2019 – March 31, 2020) - Cameo Foster
7. OLD BUSINESS
a) Confirm filing of Statement of Economic Interest disclosure forms with County Clerk by all board members (due May 1, 2020).
b) Discuss Public Act 101-0610 (Senate Bill 1300) amendments and the effects on downstate police and fire pension funds, including new trustee training requirements for 2020;
c) Discuss state of board members obtaining 2020 mandatory training.
8. NEW BUSINESS
a) Election of Board Officers
i. President;
ii. Vice President;
iii. Secretary;
iv: Assistant Secretary; and
v. FOIA / OMA Officer(s)
b) Discuss the death of beneficiary James Casper (May 28, 2020) and possible surviving spouse benefit to Janet Casper;
c) Discuss portability from Wood River Police Pension Fund request submitted by John Hoefert;
d) Discuss eligibility of retiring/resigning officers to carry health insurance through the City of Alton;
e) Discuss status of Annual Statement, Interrogatories and Audit to be filed with the Illinois Department of Insurance no later than September 30, 2020. Filing must also include copies of minutes from all meetings and training certificates for all trustees;
f) Discuss scheduling of special meeting prior to September 30, 2020 for review and approval of Annual Statement, Interrogatories, and Audit.
9. INVESTMENT REPORT – Lowery Asset Consulting
10.NEXT MEETING DATE (Tuesday, October 27, 2020 at 10:00 am.) /
ADJOURNMENT
https://www.cityofaltonil.com/minutes/18/2020-7-28%20agenda.pdf
Alerts Sign-up