Rockford Sun

City of Rockford Police Pension Fund Board met Aug. 18.

Here is the agenda provided by the board:

APPROVALS

· Minutes of the July 21, 2022 meeting

PUBLIC COMMENT

CASH & INVESTMENT

· Cash needs

· Investment Balance – June 30, 2022

BILLS

· City Bills

o Services - $5,275.00

o Postage - $124.14

· HolmstromKennedyPC – Attorney fees

o General Matters - $2,182.50

o Michael Landgraff (disability application) - $3,204.73

o Katherine Anderson (disability application) - $1,572.50

o Consolidation of Funds into IPOPIF - $157.50

o Annual Medical Review (2022) - $1,136.25

o Robert Cure (disability application) - $1,917.08

· The Northern Trust Company – Management Fee – April 1 – June 30, 2022 - $5,513.41

ATTORNEY’S REPORT

OLD BUSINESS

· Policy manual

· Elsie Jean Forsyth

· Pension Consolidation

· Death Audit Service

· Michael Landgraff – disability application*

· Katherine Anderson – disability application*

· Robert Cure – disability application*

· Annual Medical Exams – 2022 process

· Affidavit policy/info

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

o Funds transferred June 1, 2022

o Receipt of Transferred Assets

o Cash Access Form

o Status of Arlington Heights PPF v. Pritzker

· Insurance

· Survivor pension – marital status qualification

NEW BUSINESS

· Hackbarth, Heidi – surviving spouse application*

· Golden, Douglas – refund application*

· Grover, Joshua – service application (deferred)*

· Reffett, Robert – military buyback application*

· iPads for Trustees - $5,000.00 (annual IT support $4,750.00)*

· Review Closed Session Minutes

· Actuarial Report

PAYROLL

· August estimate – $1,925,401.41*

· July actual – $1,900,600.87 - 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=3396&Inline=True