Rockford Sun

City of Rockford Police Pension Fund Board met Jan. 20.

Here is the agenda provided by the board:

APPROVALS

 Minutes of the December 16, 2021 meeting

PUBLIC COMMENT

CASH & INVESTMENT

 Marquette report

 Cash needs

 Purchases and/or Sales

BILLS

 City Bills

o Services - $7,491.67

o Postage - $85.95

 HolmstromKennedyPC – Attorney fees

o General Matters - $1395.00

o Annual Medical Review – $

o Michael Landgraff (disability application) - $416.86

o Katherine Anderson (disability application) - $2,790.00

 The Northern Trust Company – Management Fee – October 1 – December 31, 2021 - $6,220.74

 Marquette Associates – Management Fee – January 1 – March 31, 2022 - $21,134.00

ATTORNEY’S REPORT

OLD BUSINESS

 Policy manual

 Elsie Jean Forsyth

 2022 City services

 Pension Consolidation

 Death Audit Service

 Exit Letter

 Michael Landgraff – disability application*

 Katherine Anderson – disability application*

NEW BUSINESS

 Filers for Statements of Economic Interests

 Annual Increases*

 Smith, Dana – first increase*

 Kvool, Colin – first increase*

 Mastroianni, Scot – first increase*

 Sorensen, Mark – service application*

 Peterson, Delbert – termination (deceased 1/4/2022)*

 Peterson, Lois – surviving spouse application*

 Nimmo, Mary Ann – surviving spouse application*

 Licari, Arline – surviving spouse application*

 Erickson, Roger – termination (deceased)*

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

o Notice of Asset Transfer Date

o Review IPOPIF Checklist

o Review/Approval of Resolution Appointing Authorized Agents

o Review/Approval of Transfer Notice Letter to Investment Advisor and Custodian

o Review of Cash Flow Projections

o Review/Approval of Transition Cash Retention

o Review Local Account(s) for Cash & Status & Collateralization for Local Account(s)

o Amendments to and Future Termination of Investment Professional and Custodial Agreements

o Status of Arlington Heights PPF v. Pritzker

PAYROLL

 January estimate – $1,883,085.04*

 December actual – $1,834,757.89*

 https://rockfordcityil.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=3228&Inline=True