City of Rockford Police Pension Fund Board met Aug. 24.
Here is the agenda provided by the board:
APPROVALS
Minutes of the July 20, 2023 meeting
Open Minutes of the July 20, 2023 special meeting
Closed Minutes of the July 20, 2023 special meeting
PUBLIC COMMENT
CASH & INVESTMENT
Cash needs
Cash Flow Statement
BILLS
City Bills
o Services - $5,683.33
o Postage - $120.55
HolmstromKennedyPC – Attorney fees
o General Matters - $1,677.50
o Robert Cure (disability application) - $3,382.50
o Annual Medical Review (2023) - $206.25
Nyhart – benefit calculation (true cost) - $600.00
ATTORNEY’S REPORT
OLD BUSINESS
Policy manual
Elsie Jean Forsyth
Death Audit Service
Robert Cure – disability application*
IPOPIF Update
Board rules and forms
Annual Medical Exams
Affidavit info
NEW BUSINESS
Rinaldo, Melba – termination (deceased 7/27/2023)*
Iasparro, Dominic – termination (deceased 7/30/2023)*
Iasparro, Pamela – surviving spouse application*
Hendrix, Bonita – surviving spouse application*
Drager, Todd – first increase*
Ogden, Kevin – first increase*
Stein, Bradley – transfer of creditable service*
Actuarial valuation presentation
Review Closed Session Minutes
PAYROLL
August estimate – $2,018,810.98*
July actual – $2,003,377.27*
*The Board retains jurisdiction of this matter for purposes of enforcing the Pension Code.
https://rockfordcityil.iqm2.com/Citizens/FileOpen.aspx?Type=14&ID=3677&Inline=True