West Cook News

Village of Franklin Park Police Pension Fund Board of Trustees met Jan. 28

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a. October 22, 2024 Regular Meeting

b. Semi-Annual Review of Closed Session Meeting Minutes

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

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Discussion/Possible Action – Cash Management

d. Additional Bills, if any

6. Applications for Retirement/Disability Benefits

a. Deceased Pensioner – Thomas Coker/Approval of Surviving Spouse Benefit – Martha Coker

b. Deceased Pensioner – Joseph Hermann/Approval of Surviving Spouse Benefit – Joann Hermann

c. Deceased Pensioner – Ronald Liljeberg/Approval of Surviving Spouse Benefit – Gail Liljeberg

7. Applications for Membership/Withdrawals from Fund

a. Deceased Pensioner – Robert Murphy

8. Communications and Reports

a. Affidavits of Continued Eligibility

b. Legal Updates

c. Statements of Economic Interest

9. Old Business

a. Appointed Trustee Vacancy Update

10. New Business

a. Approve Annual Cost of Living Adjustments for Pensioners

b. Review Trustee Term Expirations and Election Procedures

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/1/7/2025_01_28_Regular_Police_Meeting_Agenda.pdf