Kankakee Times

Village of Bradley Police Pension Fund Board of Trustees met Nov. 6.

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a.) August 7, 2023 Regular Meeting

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

a.) Monthly Financial Report

b.) Presentation and Approval of Bills

c.) Additional Bills, if any

i.) IPPFA 2024 Membership Dues

d.) Discussion/Possible Action – Cash Reserve Balance/Cash Management Policy/Guidelines

i.) Repeat Monthly Withdrawal Instructions for 2024

ii.) BMO Bank Cash Reserve Balance

iii.) Schwab Balance Instructions

6. Investment Reports

a.) Sawyer Falduto Asset Management, LLC – Quarterly Report

i.) Consolidation Related Matters

b.) IPOPIF – Verus Investment Advisory, Inc.

i.) State Street Statement of Results

7. Applications for Membership/Withdrawals from Fund

a.) Application for Membership – Zeffrey Duffield

8. Applications for Retirement/Disability Benefits

a.) Approve Regular Retirement Benefit – Robert Gray

b.) Deceased Pensioner – Joseph Krizan/Approval of Surviving Spouse Benefits – Sharon Krizan

c.) Deceased Pensioner – Stephen Alvey

9. Communications and Reports

a.) Affidavits of Continued Eligibility

10. New Business

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

b.) Review/Adopt – Municipal Compliance Report

c.) Review/Approve – State Approved Records Disposal Certificate

d.) Discussion/Possible Action – FAQ Benefit for Retirement

e.) Establish 2024 Board Meeting Dates

11. Old Business

a.) Transfer of Creditable Service – John Cox

b.) IDOI Compliance Audit Update

c.) IDOI Annual Statement

12. Trustee Training Updates

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

13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC

a.) Annual Independent Medical Examination – Tyler Bailey

b.) Legal Updates

14. Closed Session, if needed

15. Adjournment

https://bradleyil.org/media/2023-11-06-Regular-Meeting-Agenda.pdf