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West Central Reporter

Monday, December 23, 2024

City of Jacksonville Police Pension Board met Oct. 10

Lenny

Lenny Curry / City of Jacksonville Mayor | City of Jacksonville

Lenny Curry / City of Jacksonville Mayor | City of Jacksonville

City of Jacksonville Police Pension Board met Oct. 10.

Here is the agenda provided by the board:

1. CALL TO ORDER / ROLL CALL

2. PUBLIC COMMENTS

3. MINUTES - Reading and approval of the minutes for the July 11, 2024 meeting

4. CORRESPONDENCE

5. BILLS

A) Dennis J. Orsey, P.C.

B) Others

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.

https://www.ipopif.org/reports/article-3-reports/

8. SPECIAL SETTING AT 1:15 P.M. - Administrative Hearing for annual review of Olivia Mefford’s continued pension disability benefit.

9. OLD BUSINESS

A) Review / possible action on the Kruzan QILDRO Calculation Order.

B) Discuss Zumbahlen, Eyth engagement letter and fees. Review proposal from Lauterbach & Amen for professional services (3 year contract for GASB report) and other services.

C) Review Lauterbach & Amen audit information (Jamie Wilkey).

10. NEW BUSINESS

A) Discuss and approve annual COLA increases, effective January 1, 2025.

B) Discuss and approve setting of 2025 board meeting dates (suggested meeting dates are Thursdays at 1:00 p.m. (1/9; 4/10; 7/10 & 10/9/2025) at Jacksonville City Hall.

C) Review and discuss the Foster & Foster Actuarial Report and tax levy and demand letter to Municipality.

D) Discuss Public Act 103-0929 (SB 2918) regarding disability as a cause for discharge.

E) Discuss plans by IPOPIF to begin audits of all downstate police pension funds.

F) Review and possible action Attorney Dennis J. Orsey Contract for Legal Services.

11. APPLICATION FOR MEMBERSHIP

12. APPLICATION FOR BENEFITS

A) Marquis A. Mefford, regular retirement, Tier 1

13. NEXT MEETING DATE (Thurs., Jan. 9, 2025 @ 1:00 p.m.) / ADJOURNMENT

https://www.jacksonvilleil.com/government/agendas___minutes/index.php

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