Rockford Sun

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