Timothy J. Durkee, Alderman - Ward 1 | City of Rockford Website
Timothy J. Durkee, Alderman - Ward 1 | City of Rockford Website
City of Rockford Police Pension Fund Board met Dec. 19.
Here are the minutes provided by the board:
I. CALL TO ORDER
| Attendee Name | Organization | Title | Status | Arrived |
| William Nielsen | Board President | Present | ||
| Marcia Mueller | Board Vice President | Present | ||
| Scott Laue | Trustee | Present | ||
| Joseph Pyzynski | Trustee | Present | ||
| David Nicosia | Trustee | Present |
ABSENT: N/A
GUESTS: N/A
STAFF: Carrie Hagerty, Finance
Karla Hunter, Finance
Nick Carter, Finance
The December 19, 2024 Rockford Police Pension Board convened at City Hall 425 E. State St., Jeff Nielsen called the meeting to order 8:07 a.m.
APPROVALS
Motion by Mueller and seconded by Nicosia to approve the November 21, 2024 minutes. APPROVED.
Motion by Mueller and seconded by Nicosia to approve the December 10, 2024 minutes. APPROVED.
PUBLIC COMMENT
None
CASH & INVESTMENT
Motion by Mueller and seconded by Laue accepting the Cash Flow Statement and report of compliance with the Cash Management Policy as presented by staff. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
BILLS
Motion by Mueller and seconded by Nicosia to approve payment to HolmstromKennedyPC of the invoice for services for the month ending November 30, 2024, for General Matters in the amount of $2,970.00. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Pyzynski to approve payment to HolmstromKennedyPC for the invoice of service period ending November 30, 2024, for Annual Medical Review in the amount of $3,293.68. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Nicosia to approve December 2024 City Services in the amount of $5,966.67. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Nicosia to approve postage for November 2024 in the amount of $95.40. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Laue to approve payment to IPPFA for the training for David Nicosia and Joseph Pyzynski in the amount of $1,100.00. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
ATTORNEY’S REPORT
Motion by Mueller and seconded by Laue to approve the refund of the contributions made to the Fund by Eric L Thurmond, due to Thurmond’s death and prior termination of employment, with the refund to be distributed to Thurmond’s father Eric D Thurmond in the amount of $11,124.26, Thurmond’s mother Tracey Odum in the amount of $11,124.25, and Thurmond’s sibling Amare Taylor in the amount of $11,124.25. The Board retains jurisdiction of this matter for purposes of enforcing the Pension Code. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Attorney Holzwarth provided an update on Aaron Lesmeister’s disability status, noting that there has been no update on the status of the independent medical evaluation.
OLD BUSINESS
N/A
NEW BUSINESS
Motion by Mueller and seconded by Nicosia to approve the service application for Richard Campion effective January 3, 2025, with a prorated amount for the month of January 2025 of $6,010.24, monthly benefit of $6,424.74 and $77,096.85 annually. The Board retains jurisdiction of this matter for purposes of enforcing the Pension Code. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Laue to accept the proposal from the City of Rockford for its annual services for the Police Pension Board in the amount of $75,200.00, to be billed on a monthly basis beginning in January 2025. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Nicosia to appoint Jeff Nielsen as the Fund’s Open Meetings Act Officer for the year of 2025. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Pyzynski to appoint Nick Carter as the Fund’s Freedom of Information Act Officer for the year of 2025. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
PAYROLL
Motion by Mueller and seconded by Nicosia to approve the December estimated payroll in the amount of $2,176,796.33. The Board retains jurisdiction of this matter for purposes of enforcing the Pension Code. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion by Mueller and seconded by Nicosia to approve the November actual payroll in the amount of $2,162,832.10. The Board retains jurisdiction of this matter for purposes of enforcing the Pension Code. APPROVED.
Ayes: Laue, Mueller, Nicosia, Nielsen, and Pyzynski.
Nays: None
Motion to adjourn was made by Laue and seconded by Nicosia at 8:40 a.m.
http://rockfordcityil.iqm2.com/Citizens/FileView.aspx?Type=12&ID=2698
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