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Sunday, May 19, 2024

City of Rockford Police Pension Fund Board met Aug. 18

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

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