Metro East Sun

City of O'Fallon Police Pension Board met April 22

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 - January 23, 2025

1.4 Correspondence

2. Public Comments

2.1 Public Comments

3. Bills

3.1 Warrant 24-22 Justin Ellis Refund

3.2 Warrant 24-23 FY Audit Services

3.3 Warrant 24-24 Dr. Pan Taulbee Exam

3.4 Warrant 25-07 Robin Costello Reimbursement for 10-96 Forms

3.5 Warrant 25-08 Dennis Orsey Retainer

3.6 Warrant 25-09 May Pension

3.7 Warrant 25-10 June Pension

3.8 Warrant 25-11 July Pension

3.9 Warrant 25-12 SERS Payment for Devin Watts Buyback

3.10 Warrant 25-13 Vance Wilhelm Refund

4. Reports

4.1 Treasurer Report - Discuss and Review Bank of O'Fallon Checking Account Balance to Ensure Funds Are Available to Pay Beneficiaries and Bills

4.2 Treasurer Report - Confirm new signers to Bank of O'Fallon checking account

4.3 Investment Report - IPOPIF Update of Investment Portfolio (link attached)

4.4 Investment Report - Review and update contact information, eCFM form, Authorized New Agents form, and Account Representative form to be sent to IPOPIF, if needed

5. Old Business

5.1 Discuss Devin Watts' Request to Buy Back O'Fallon Police Time In Order to Transfer to Illinois State Police

5.2 Discuss Landon Kreke's Transfer of Time from Fairview Heights Pension Fund to O'Fallon Pension Fund

5.3 Discuss PayCor 1099R Issues

5.4 Discuss Upcoming Elections/Appointments for Board Members: Nick Luttrell, active, term expires 05/13/25; David Hopkins, appointed, term expires 05/13/25

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

5.6 Confirm filing of Illinois Finance Entity forms due February 28, 2025

5.7 Discuss 2025 yearly training opportunities and requirements

5.8 Discuss Tom Poenistke's Repayment Into the Pension Fund

5.9 Discuss Status of Adam Taulbee disability review

5.10 Discuss status of Justin Ellis' request of return of pension deductions

6. New Business

6.1 Discuss Vance Wilhelm's Refund

6.2 Discuss Letter Reference David Matevey's Pension

6.3 Discuss status of Annual Statement, Interrogatories and Audit to be filed with the Illinois Department of Insurance no later than October 30, 2025 (no extensions will be granted by IDOI). Filing must also include copies of Collective Bargaining Agreement, minutes from all meetings, training certificates for all trustees and other required documents

7. Application for Membership

8. Application for Benefits

9. Adjournment

9.1 Next Meeting Date - Thursday, July 24, 2025 @ 2:45 PM

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