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Rockford Sun

Saturday, May 18, 2024

City of Rockford Police Pension Fund Board met March 16

City of Rockford Police Pension Fund Board met March 16.

Here is the agenda provided by the board:

APPROVALS

 Minutes of the December 21, 2022 special meeting

 Minutes of the December 21, 2022 closed special meeting

 Minutes of the January 19, 2023 meeting

 Minutes of the February 16, 2023 meeting

PUBLIC COMMENT

CASH & INVESTMENT

 Cash needs

 Cash Flow Statement

BILLS

 City Bills

o Services - $5,683.33

o Postage - $149.06

 HolmstromKennedyPC – Attorney fees

o General Matters - $3,217.50 (revised February)

 HolmstromKennedyPC – Attorney fees

o General Matters - $630.00

o Robert Cure (disability application) - $1,732.50

o Michael Landgraff (disability application) - $1,132.50

o Robert Cure (disability application) - $225.00

ATTORNEY’S REPORT

OLD BUSINESS

 Policy manual

 Elsie Jean Forsyth

 Pension Consolidation

 Death Audit Service

 Michael Landgraff – disability application*

 Robert Cure – disability application*

 Illinois Police Officer Investment Fund (IPOPIF) (Transfer Date: June 1, 2022)

o Status of Arlington Heights PPF v. Pritzker

 Board rules and forms

NEW BUSINESS

 Schroder, Jeffrey – first increase*

 Dalke, Michael – service application*

 Annual Medical Exams

 Mail Trustee Ballots

 Fiduciary liability policy

 Frequency of 2023 board meetings

 IPPFA Retirement Guide

PAYROLL

 March estimate – $1,983,755.92*

 February actual – $1,981,743.44 – same*

*The Board retains jurisdiction of this matter for purposes of enforcing the Pension Code.

http://rockfordcityil.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=3551&Inline=True

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