Rockford Sun

City of Rockford Police Pension Fund Board met Feb. 17.

Here is the agenda provided by the board:

APPROVALS 

∙ Minutes of the December 16, 2021 meeting 

∙ Minutes of the January 20, 2022 meeting 

PUBLIC COMMENT 

CASH & INVESTMENT 

∙ Marquette report 

∙ Cash needs 

∙ Purchases and/or Sales 

BILLS 

∙ City Bills 

o Services - $7,491.67 

o Postage - $79.10 

∙ HolmstromKennedyPC – Attorney fees 

o General Matters - $753.75 

o Michael Landgraff (disability application) - $270.00 

o Katherine Anderson (disability application) - $1,372.50 

o Consolidation of Funds into IPOPIF - $3,195.00 

∙ Segall Bryant & Hamill – Management Fee – October 1 – December 31, 2021 - $19,775.35 

∙ Kayne Anderson Rudnick – Management Fee – October 1 – December 31, 2021 - $31,255.97

ATTORNEY’S REPORT 

OLD BUSINESS 

∙ Policy manual 

∙ Elsie Jean Forsyth 

∙ Pension Consolidation 

∙ Death Audit Service 

∙ Exit Letter – Separation from Service summary 

∙ Filers for Statements of Economic Interests 

∙ Michael Landgraff – disability application* 

∙ Katherine Anderson – disability application* 

NEW BUSINESS 

∙ Gulley, James – first increase* 

∙ Retroactive increase – COLA increase* 

∙ Schroder, Jeffrey – service application* 

∙ Shelton, Bradley – service application* 

∙ Whisenand, Kurt – service application* 

∙ Peterson, Lois – surviving spouse application* 

∙ Erickson, Carole – surviving spouse application* 

∙ Oliver, John – termination (deceased)* 

∙ Oliver, Linda – surviving spouse application* 

∙ Smith, Zachary – refund application* 

∙ Review Closed session minutes 

∙ Retiree Trustee election – solicitation of nominations 

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

o Revised Notice of Asset Transfer Date 

o Review IPOPIF Checklist 

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 Amendments to and Future Termination of Investment Professional and Custodial Agreements 

o Status of Arlington Heights PPF v. Pritzker 

∙ Marquette – Amendment to Investment Consulting Agreement 

∙ Letter from Robert Mattocks widow 

∙ Response letter to Robert Mattocks widow 

PAYROLL 

∙ February estimate – $1,905,660.68* 

∙ January actual – $1,871,780.81*  

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

https://rockfordcityil.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=3250&Inline=True