Metro East Sun

City of O'Fallon Police Pension Board met Jan. 25.

Here is the agenda provided by the board:

1. Opening

1.1 Call to Order

1.2 Roll Call

1.3 Approval of the Minutes - October 26, 2023 Regular Meeting

1.4 Approval of the Minutes - November 14, 2023

1.5 Correspondence

2. Public Comments

2.1 Public Comments

3. Bills

3.1 Warrant 23-28 - City of O'Fallon Finance Department FY23 Audit Services

3.2 Warrant 24-01 - Dennis Orsey Legal Retainer

3.3 Warrant 24-02 - January Pension Warrant

3.4 Warrant 24-03 - February Pension Warrant

3.5 Warrant 24-04 - March Pension Warrant

4. Reports

4.1 Treasurer Report - Verify cash balances in local checking account to pay beneficiaries and bills.

4.2 Investment Report - IPOPIF Update of investment portfolio

4.3 Review Transfer Authorization to IPOPIF 24-02

5. Old Business

5.1 Review Foster & Foster Actuarial Valuation Report and compare to Municipal Tax Levy Ordinance

5.2 Review and approve Adam Taulbee Line of Duty Annual Review Decision and Order

5.3 Review and approve annual COLA increases effective January 1, 2024, if applicable

5.4 Discuss status of consolidation lawsuit. Illinois Supreme Court heard oral arguments on November 21, 2023

6. New Business

6.1 Discuss upcoming election / appointment for board members: Keith Townsend, retired, term expires 5/14/2024; Patrick Feldhake, active, term expires 5/14/2024; Kip Adkins, appointed, term expires 5/14/2024

6.2 Discuss filing of Statement of Economic Interest with County Clerk by all board members (Due May 1, 2024)

6.3 Discuss status of Illinois Finance Entity forms due February 28, 2024

6.4 Discuss 2024 training opportunities and requirements

6.5 Transfer portability from Fairview Heights Police Department to O'Fallon PD - Aaron Krummrich

6.6 Transfer portability from Fairview Heights Police Department to O'Fallon PD - Thomas Poenitske

6.7 Military Buy Back for Thomas Poenitske

7. Application for Membership

7.1 Tier 2 application for membership - Brett Pellicciotti

8. Application for Benefits

9. Adjournment

10. New Category

https://go.boarddocs.com/il/ofallon/Board.nsf/Public