City of Carbondale Police Pension Fund Board of Trustees met Oct. 18.
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 September 13, 2022 meeting.
4. CORRESPONDENCE
A) Gubernatorial Disaster Proclamation B) Others
5. BILLS
A) Dennis J. Orsey, PC
B) Others
6. TREASURER’S REPORT - Jeffrey Davis
Verify Cash Balances in local checking account to pay beneficiaries and bills.
7. INVESTMENT REPORT
A) Patrick Donnelly of Graystone Consulting - Final Report through 9/1/22
B) IPOPIF Update (See IPOPIF.org)
8. OLD BUSINESS
A) Confirm Trustee Echols has completed mandatory training for 2022.
B) Confirm filing 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 Collective Bargaining Agreement, minutes from all meetings, training certificates for all trustees and other required documents.
C) Discuss officer now working for Sheriff’s Department who wants to transfer creditable service with the Carbondale Police Department and the pension to IMRF-SLEP (PA 102-1061), if officer has replied.
D) Status of Daniel Rice annual disability review.
9. NEW BUSINESS
A) Review and discuss Actuarial Valuation Report from Illinois Department of Insurance, if available, vs. MWM Actuarial Report and discuss request for contribution letter to Municipality.
B) Review and approve annual COLA increases, effective January 1, 2023, if available.
10. APPLICATION FOR MEMBERSHIP
11. APPLICATION FOR BENEFITS
12. NEXT MEETING DATE (Tuesday, Nov. 15, 2022 @ 2:00 p.m.) / ADJOURNMENT
https://explorecarbondale.com/AgendaCenter/ViewFile/Agenda/_10182022-1757
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