Illinois Valley Times

City of Ottawa Police Pension Fund Board of Trustees met Jan. 9.

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a.) October 24, 2023 Regular Meeting

b.) Semi-Annual Review of Closed Session Meeting Minutes

5. Accountant’s Report – Lauterbach & Amen, LLP

a.) Monthly Financial Report

b.) Presentation and Approval of Bills

c.) Additional Bills, if any

d.) Discussion/Possible Action – Cash Management Policy

6. Investment Report

a.) IPOPIF – Verus Advisory, Inc

i. State Street Statements

7. Communications or Reports

a.) Statements of Economic Interest

8. Trustee Training Updates

a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses

9. Applications for Membership/Withdrawals from the Fund

10. Applications for Retirement/Disability Benefits

11. Old Business

a.) Review/Approve – Actuarial Valuation and Tax Levy Request

b.) Review/Adopt – Municipal Compliance Report

12. New Business

a.) Portability Update – Jacob Callahan and Alex Jordon

b.) Discussion/Possible Action – Bank Agreement Amendment

c.) Approve Annual Cost of Living Adjustments for Pensioners

d.) Review Trustee Term Expirations and Election Procedures

13. Attorney’s Report

a.) Legal Updates

b.) Review/Approve – Duty Disability Annual Increase Application – David Hallowell

14. Closed Session, if needed

15. Adjournment

https://cityofottawa.org/wp-content/uploads/Government/Boards_Commissions/Pol_Pen/2024_Agendas/2024-01-09-Regular-Meeting-Agenda.pdf