Rockford Sun

City of Rockford Police Pension Fund Board met April 21.

Here is the agenda provided by the board:

APPROVALS

 Minutes of the March 17, 2022 meeting

PUBLIC COMMENT

CASH & INVESTMENT

 Marquette report

 Cash needs

 Purchases and/or Sales

BILLS

 City Bills

o Services - $7,491.67

o Postage - $333.04

 HolmstromKennedyPC – Attorney fees

o General Matters - $2,486.25

o Michael Landgraff (disability application) - $1,288.44

o Katherine Anderson (disability application) - $2,846.25

o Consolidation of Funds into IPOPIF - $495.00

o Annual Medical Review (2022) - $112.50

 The Northern Trust Company – Management Fee – January 1 – March 31, 2022 - $7,205.66

 Marquette Associates – Management Fee – April 1 – June 30, 2022 - $21,134.00

ATTORNEY’S REPORT

OLD BUSINESS

 Policy manual

 Elsie Jean Forsyth

 Pension Consolidation

 Death Audit Service

 Filers for Statements of Economic Interests

 Michael Landgraff – disability application*

 Katherine Anderson – disability application*

 Annual Medical Exams – 2022 process

 Fiduciary liability policy – 2022 renewal

 Retiree Trustee election – received email confirmation of candidate declined nomination

NEW BUSINESS

 Harmon, David – termination (deceased 2/1/2022)*

 Basile, Daniel – service application*

 Nordberg, Kevin – service application*

 Presley, James – military buyback*

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

o Updated IPOPIF Checklist

o Review Cash Flow Projections & Cash Retention Needs

o Status of Arlington Heights PPF v. Pritzker

o Amendments / Termination of Investment Professional and Custodial Agreements

PAYROLL

 April estimate – $1,898,642.83*

 March actual – $1,898,186.48*

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

http://rockfordcityil.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=3296&Inline=True