South Cook News

The Board of Trustees of the Homewood Police Pension Fund will conduct a regular meeting on Wednesday, January 25, 2017 at 10:30 a.m. at the Homewood Village Hall, 2020 Chestnut Road, Homewood, Illinois for the purposes set forth in the following agenda:

MEETING AGENDA

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Minutes

a. Regular Meeting – October 26, 2016

b. Special Meetings – November 17, 2016 and December 9, 2016 c. Semi-Annual Review of Closed Session Minutes

5. Proposal for Services

a. Discussion / Possible Action – Healthcare Enhancement for Local Public Safety (HELPS) Program – Lauterbach & Amen, LLP

6. Communications and Reports

a. Review / Approve – 2016 Annual Board Report

b. Statements of Economic Interest

7. Investment Report – Sawyer Falduto Asset Management

a. Performance Review of Pension Fund Accounts and Asset Allocation

b. Review / Discuss – Current Funding Status of Pension Fund

c. Review / Update Investment Policy

8. Accountant’s Report

a. Monthly Financial Report – Lauterbach & Amen, LLP

b. Presentation and Approval of Bills

c. Additional Bills, if any

i. INSPE Associates Invoice

ii. Reimer, Dobrovolny & Karlson Invoice

d. Trustee Training Reimbursements

9. Applications for Membership / Withdrawals from the Fund

a. Application for Membership – Eric J. Bujak b. Contribution Refund – Adeel Alam

10. Applications for Retirement / Disability Benefits

a. Duty-Disability Application – Jason Beck

11. Old Business

12. New Business

a. Discussion / Possible Action – Fiduciary Liability Insurance Renewal

b. Review / Approve – Reilly, Penner & Benton Engagement Letter – April 30, 2017 Audit

c. Approve Annual Cost of Living Adjustments (COLAs) for Pensioners

d. Review Trustee Term Expirations and Election Procedures

13. Attorney’s Report – Reimer Dobrovolny & Karlson, LLC

a. Legal and Legislative Updates

14. Trustee Training Update

15. Closed Session – if needed

16. Adjournment