Metro East Sun

City of O'Fallon Police Pension Board met Jan. 23

Here is the agenda provided by the board:

Members of the Police Pension Board:

Keith Townsend

Patrick Feldhake

David Hopkins

Kip Adkins

Nick Luttrell

1. Opening

1.1 Call to Order

1.2 Roll Call

1.3 Approval of the Minutes - October 24, 2024

1.4 Correspondence

2. Public Comments

2.1 Public Comments

3. Bills

3.1 Warrant #25-02 February Pension

3.2 Warrant #25-03 March Pension

3.3 Warrant #25-04 April Pension

3.4 Warrant #25-05 Dennis Orsey Retainer

3.5 Warrant #25-06 Dennis Orsey Extra Work

4. Reports

4.1 Treasurer's Report

4.2 Discuss and review Bank of O'Fallon checking account balance to ensure funds are available to pay beneficiaries and bills

4.3 Investment Report

4.4 Special Setting at 3:00 PM - Adam Taulbee Annual Disability Review Administrative Hearing

5. Old Business

5.1 Discuss status of Adam Taulbee disability review

5.2 Discuss Devin Watt's request to buy back O'Fallon Police time to transfer to the Illinois State Police

5.3 Discuss Abe Bedwan contribution to the pension fund not being deducted from his checks

5.4 Discuss Landon Kreke transfer of time from Fairview Heights PD pension fund to the O'Fallon PD pension fund

5.5 Discuss Paycor issuance pension benefit checks and tax documents

5.6 Discuss April 2025 meeting date

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

6. New Business

6.1 Discuss Bank of O'Fallon checking account signature card

6.2 Discuss Justin Ellis request for return of pension deductions

6.3 Discuss upcoming election/appointment for board members: Nick Luttrell, active, term expires 5/13/25; David Hopkins, appointed, term expires 5/13/25

6.4 Discuss filing of Statement of Economic Interest with County Clerk by all board members (due May 1, 2025)

6.5 Discuss status of Illinois Finance Entity forms due February 28, 2025

6.6 Discuss Social Security Fairness Act. Signed by President Biden on January 6, 2025. This would repeal the Windfall Elimination of Provision and Government Pension Offset Penalties.

6.7 Discuss 2025 yearly training opportunities and requirements

7. Application for Membership

8. Application for Benefits

9. Adjournment

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