Lake County Gazette

City of Highwood Police Pension Fund Board of Trustees met Nov. 20.

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Approval of Remote Attendance and Full Participation by Certain Trustees (if any)

4. Public Comment

5. Approval of Meeting Minutes

a. July 6, 2023 Regular Meeting

6. Accountant’s Report – Sikich, LLP

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Additional Bills, if any

d. Discussion/Possible Action – Cash Flow Projections and Cash Needs

i. Review/Approve – 2024 Repeat Withdrawals from IPOPIF

ii. Review/Approve – Annual IPOPIF Cash Flow Projection for 2024

7. Investment Reports

a. Sawyer Falduto Asset Management – Quarterly Report

b. IPOPIF – Verus Advisory, Inc.

c. IPOPIF – State Street Statements

8. Communications and Reports

9. Applications for Membership/Transfers/Withdrawals from Fund

a. Applications for Membership – Clayton Plumtree, Kevin Robinson and Brandon Taylor

b. Contribution Refunds – William McCorkle and Vincent Viverito

c. Portability Update – Clayton Plumtree

10. Applications for Retirement/Disability Benefits

a. Status of Disability Application for Rico Stringer – Hearing Dates

11. Old Business

a. IDOI Annual Statement

b. Status of Appointed Trustee Vacancy

12. New Business

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

b. Review/Adopt – Municipal Compliance Report

c. Approve Annual Cost of Living Adjustments for Pensioners

d. Certify Board Election Results – Active Member Positions

e. Establish 2024 Board Meeting Dates

13. Attorney’s Report – Ottosen DiNolfo

a. Pension Insights for Fourth Quarter 2023

b. New Legislation Affecting Pension Funds (2023)

c. IAFPD Fire Call Pension Pointers (“Line of Duty Disability: Whose decision is it anyhow?”) (Summer 2023)

d. OMA/FOIA Training Presentation from PAC (September 2023)

e. Defendants’ and Amicus Briefs to the Illinois Supreme Court – Consolidation Case

f. IML Fact Sheet on Article 3 and 4 Pension Reamortization (HB 1185)

g. Status of Arlington Heights PPF v. Pritzker appeal

14. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

b. Acknowledgement of Training Time from Meeting

c. Certification of Trustee Training Hours

15. Closed Session, if needed

16. Adjournment

https://www.cityofhighwood.com/AgendaCenter/ViewFile/Agenda/_11202023-1020