City of Carbondale Police Pension Fund Board of Trustees met July 19

By Kristine Gonzales-Abella

Aug 4, 2022

City of Carbondale Police Pension Fund Board of Trustees met July 19.

Here is the agenda provided by the board:

1. CALL TO ORDER / ROLL CALL

2. PUBLIC COMMENTS

3. MINUTES - Reading and approval of the minutes for the June 14, 2022 meeting.

4. CORRESPONDENCE

A) Gubernatorial Disaster Proclamation

B) June 29, 2022 Communication from IPOPIF

5. BILLS

A) Dennis J. Orsey, P.C.

B) Others

6. TREASURER’S REPORT - Jeffrey Davis

7. INVESTMENT REPORT - Patrick Donnelly of Graystone Consulting

8. OLD BUSINESS

A) Verify Cash Balances in local checking to pay beneficiaries and bills.

B) Discuss preparation of cash flow spread sheet for IPOPIF. (9/1/22 transfer)

C) Discuss any remaining issues regarding transfer of investment portfolio to IPOPIF scheduled for September 1, 2022.

D) Discuss status of preparation of Annual Statement, Interrogatories and Audit to be filed with the Illinois Department of Insurance no later than October 30, 2022 (no extensions will be granted by IDOI). Filing must also include copies of minutes from all meetings and training certificates for all trustees.

9. NEW BUSINESS

A) Reorganization of Board/election of officers

i. President

ii. Vice President

iii. Secretary

iv. Assistant Secretary

v. FOIA / OMA Officer(s)

B) Discuss Public Act 102-1061, parts effective immediately, other parts effective January 1, 2023, formerly House Bill 4209.

C) Discuss status of Daniel Rice annual disability review.

D) Samuel Tyner request for portability from Carterville Police, if received.

10. APPLICATION FOR MEMBERSHIP - Samuel Tyner

11. APPLICATION FOR BENEFITS