Lake County Gazette

At a recent meeting, the Highwood Police Pension Fund Board discussed the status of the Illinois Department of Insurance's annual actuarial study and city audit.

Below is the agenda for this meeting, as provided by the board.

NOTICE OF QUARTERLY MEETING OF THE BOARD OF TRUSTEES

OF THE HIGHWOOD POLICE PENSION FUND

The Board of Trustees of the Highwood Police Pension Fund of the City of Highwood will conduct a quarterly meeting on

Thursday, July 14, 2016 at 9:30 a.m. at City Hall, 17 Highwood Avenue, Highwood, Illinois for the purposes set forth in

the following agenda:

I. CALL TO ORDER

II. ROLL CALL

III. PUBLIC COMMENT

IV. APPROVAL OF MINUTES

A. Review and approval of minutes from meetings held on October 1, 2015 and January 14, 2016

B. Six-month review of closed minutes and determination of whether any may be released

V. TREASURER’S/INVESTMENT REPORT

A. Investment report from Sawyer Falduto

i. Review of quarterly investment report

ii. Review of asset allocation targets and ranges and adjustment of investment policy

B. Treasurer’s report from Sikich

i. Review of quarterly accounting statement

ii. Bills for approval

VI. COMMUNICATIONS AND SPECIAL REPORTS/PRESENTATIONS

VII. CONSIDERATION OF AND ACTION UPON APPLICANTS FOR ADMISSIONS TO AND/OR

WITHDRAW OF MEMBERS FROM FUND

A. O’Connell transfer status

B. Blistein transfer status

C. Ryan Oganovich

D. Dino Giolas

VIII. UNFINISHED BUSINESS

A. Status of DOI Annual Statement, actuarial study and City audit

IX. NEW BUSINESS

A. PPRT issue with City

B. Annual affidavits for pensioners

C. New appointed Board member Susan Sandahl

D. IPPFA conference registration

E. Engagement letter- Sikich

X. TRAINING

A. Training updates on state and national pension legal issues

XI. CLOSED SESSION (if needed)

XII. ADJOURNMENT

Posted: July 12, 2016 at City Hall

cc: Pension Board Members; Rosa Stefani, Administrative Assistant; Carolyn Clifford, Attorney for the Board; Brian

LeFevre, Accountant for the Board, Tom Sawyer and John Falduto, Investment Advisors for the Board, David

Gonzalez, City Treasurer