West Cook News

Village of Franklin Park Police Pension Fund Board of Trustees met Oct. 22

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a. July 23, 2024 Regular Meeting

5. Accountant’s Report – Lauterbach & Amen, LLP

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Discussion/Possible Action – Cash Management

i. Establish 2025 Recurring Monthly Withdrawals from IPOPIF

d. Additional Bills, if any

6. Applications for Retirement/Disability Benefits

7. Applications for Membership/Withdrawals from Fund

a. Application for Membership – Jake Galanis

b. Contribution Refund – Antonio Diaz

8. Communications and Reports

a. Affidavits of Continued Eligibility

b. Legal Updates

9. Old Business

a. IDOI Annual Statement

10. New Business

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

b. Review/Adopt – Municipal Compliance Report

c. Review/Approve – April 30, 2023 Year-End Audit

d. Establish 2025 Board Meeting Dates

e. Appointed Trustee Vacancy Update

11. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

12. Investment Reports

a. IPOPIF – Verus Advisory, Inc.

i. State Street Statement(s)

13. Closed Session, if needed

14. Adjournment

https://www.villageoffranklinpark.com/assets/1/7/2024_10_22_Police_Pension_Agenda.pdf