West Cook News

Village of Franklin Park Police Pension Fund Board of Trustees met Oct. 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. July 22, 2025 Regular Meeting

5. Accountant’s Report – Lauterbach & Amen

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Additional Bills, if any

d. Discussion/Possible Action – Cash Management

i. Establish 2026 Recurring Withdrawals from IPOPIF

6. Applications for Retirement/Disability Benefits

7. Applications for Membership/Withdrawals from Fund

a. Contribution Refund – Alex Gountanis

8. Communications and Reports

a. 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. Establish 2026 Board Meeting Dates

d. Repayment of Miscellaneous Break in Service – Donald Giuliano

e. Review/Approve – Joseph O’Connor Order of Support

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_10_28_Police_Agenda.pdf