City of Jacksonville Police Pension Board met Jan. 12.
Here is the agenda provided by the board:
1. CALL TO ORDER / ROLLCALL
2. PUBLIC COMMENTS
3. MINUTES -Reading and approval of the minutes for the previous meetings:
A) Executive session minutes for August 31, 2022 (Olivia Mefford)
B) Regular board meeting, October 13, 2022.
4. CORRESPONDENCE
A) Gubernatorial Disaster Proclamation
B) Others
5. BILLS
6. TREASURER’S REPORT - Beth Hopkins
Verify cash balances in local checking account to pay beneficiaries and bills.
7. INVESTMENT REPORT
A) IPOPIF Update of investment portfolio
B) Discuss transfer of cash balances, if any, remaining with Zemenick & Walker to IPOPIF or local checking account.
C) Approve IPOPIF Resolution Appointing Account Representative document
8. OLD BUSINESS
A) Discuss Illinois Department of Insurance Actuarial Valuation Report for funding by Municipality compared to the Municipality tax levy ordinance and tax levy request letter.
B) Discuss status of consolidation case appeal.
C) Review and possible action on Bradley Long request for transfer of contributions to SERS
9. NEW BUSINESS
A) Discuss hiring of Monica Wood as new board recording secretary.
B) Discuss upcoming election / appointment for board members
* Brian Nyberg, appointed, term expires 5/9/2023
C) Discuss Illinois Finance Entity Forms due February 28, 2023.
D) Discuss filing of Statement of Economic Interest with County Clerk by all board members. (Due May 1, 2023)
E) Discuss 2023 training opportunities and requirements.
F) Discuss possible change in April board meeting date to Thursday, March 30, 2023 at 1:00 p.m. from Thursday, April 14, 2023 at 1:00 p.m.
G) Discuss new law regarding eligibility for surviving spouses. (Effective Jan. 1, 2023)
H) Discuss passing of Wanda L. Irlam (surviving spouse of John T. Irlam) and stopping payment of surviving spouse benefits. Date of Death - December 30, 2022.
I) Discuss contributions owed to the Pension Fund from Joshua Radliff due to military deployment.
J) Review and approve revised COLAs for 2023.
K) Status of affidavits from beneficiaries.
10. APPLICATION FOR MEMBERSHIP
A) Levi C. Haley, Tier 2
B) Hunter N. Chumley, Tier 2
C) Clayton C. Sexton, Tier 2
11. APPLICATION FOR BENEFITS
A) Patricia J. Meyer, Application for Surviving Spouse Benefit (Mike Meyer)
12. NEXT MTG. DATE ( , , 2023 @ 1:00 p.m.) / ADJOURNMENT
http://cms6.revize.com/revize/jacksonvilleil/city_government/boards_commissions_and_committees/docs/Boards%20Commissions%20Committees/Police%20Pension%20Board/2023%20Agendas/Jacksonville%20Police%20Agenda%20Jan%2012%202023.pdf
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