South West Illinois News

The City of Benton Fireman Pension Board met October 13. 

Here is the agenda as provided by the board:

1. Call to Order / Roll Call

2. Public Comments

3. Minutes – Reading and approval of the minutes of the prior meeting(s)

a) July 14, 2017 – Regular Meeting

b) September 21, 2017 – Special Meeting

4. Correspondence

5. Review 40 ILCS 5/1-109.3 and Illinois Department of Insurance Advisory Opinion

letter dated January 13, 2012 regarding mandatory trustee training requirements

and action needed by Board to remove trustees for failure to comply with mandatory

trustee training requirements.

6. Discuss Status of Statutorily Required Trustee Training:

A) Richard Dale, seated on Board 10/10/2014 (as retired trustee)

7. Old Business

a) Remove Richard Dale from Board due to non-compliance with Illinois Statute

regarding mandatory trustee training requirements.

8. Bills

9. Treasurer’s Report – Lisa Meno

10. Investment Report – John Johnson of Zemenick & Walker

11. New Business

a) Discuss contract renewal with Zemenick & Walker (Expired 10/17/17)

b) Discuss and approve setting of 2018 board meeting dates (currently meet on

2nd Friday of quarterly months); (Suggested dates 1/12; 4/13; 7/13; 10/12/18

at 10:00 a.m.);

c) Review and discuss the IDOI Actuarial Report and tax levy, if available.

12. Application for Membership

13. Application for Benefits

14. Next Meeting Date (Fri., Jan. 18, 2018 @ 10:00 a.m.) / Adjournment

https://bentonil.com/?cat=27