Lake County Gazette

City of Highwood Police Pension Fund Board of Trustees met Jan. 8

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

4. Public Comment

5. Approval of Meeting Minutes

a. April 11, 2024 Regular Meeting

b. December 4, 2024 Regular Meeting

c. Semi-Annual Review of Closed Session Meeting Minutes

6. Accountant’s Report – Sikich, LLP

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Additional Bills

i. Puchalski Goodloe, LLC Invoice

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

i. Review/Approve – Repeat Monthly Withdrawals for 2025

7. Investment Reports

a. Sawyer Falduto Asset Management – Quarterly Report

b. IPOPIF – Verus Advisory, Inc.

c. IPOPIF – State Street Statements

8. Communications and Reports

a. Affidavits of Continued Eligibility

b. Active Member File Maintenance

c. Statements of Economic Interest

9. Applications for Membership/Transfers/Withdrawals from Fund

a. Applications for Membership – Marcus Bernardy, Samantha Calderon, William Gross and Kevin Robinson

b. Contribution Refund – Marcus Bernardy

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. Review/Accept – City’s Annual Audit

b. Status of Appointed Trustee Vacancy

12. New Business

a. Certify Board Special Election Results – Active Member Position

b. Board Officer Elections – President, Vice President, Secretary and Assistant Secretary

c. FOIA Officer and OMA Designee

d. Discussion/Possible Action – DOI Security Administrator Designee

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

f. Review/Adopt – Municipal Compliance Report

g. IDOI Annual Statement

a. Review/Approve – Updated Resolution for Authorized Agents

b. Review/Approve – Updated Account Representatives Resolution and eCFM

c. Renewal of IRS Form 8655 Reporting Agent Authorization and Form 2848 Power of Attorney and Declaration of Representative

d. Establish 2025 Board Meeting Dates

e. Approve Annual Cost of Living Adjustments for Pensioners

f. Review Trustee Term Expirations and Election Procedures

13. Attorney’s Report – Puchalski Goodloe, LLC

14. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

15. Closed Session, if needed

16. Adjournment 

https://www.cityofhighwood.com/AgendaCenter/ViewFile/Agenda/_01082025-1096