City of Columbia Police Pension Board met March 27.
Here is the agenda provided by the board:
1. CALL TO ORDER / ROLL CALL
2. PUBLIC COMMENTS
3. MINUTES - Reading and approval of the minutes of the Jan.10, 2023 meeting.
4. CORRESPONDENCE
A) Gubernatorial Disaster Proclamation (Note: Scheduled to end on May 11, 2023)
B) March 2, 2023 correspondence from IPOPIF (See Agenda Item 8B)
C) Others
5. BILLS
A) Ratify payment to Lauterbach & Amen for Kevin Phegley portability calculation
B) Others
6. TREASURER’S REPORT - Linda Sharp
Verify cash balances in local checking account to pay beneficiaries and bills.
7. CASH MANAGEMENT REPORT - Joann Barton of Busey Wealth Management
8. INVESTMENT REPORT
A) IPOPIF update of investment portfolio (See link below)
https://www.ipopif.org/reports/article-3-reports/
B) Approve IPOPIF Resolution on Cash Management - AR 2023-01
9. OLD BUSINESS
A) Discuss status of consolidation case appeal. Second District Appellate Court affirmed trial court on 2/7/23.
B) Confirm filing of Statement of Economic Interest with County Clerk by all board members. (Due May 1, 2023)
C) Confirm filing of Illinois Finance Entity forms due February 28, 2023
D) Discuss contacting Mayor to appoint new Trustee to replace David Mehrmann, who has indicated he will be leaving the Board after term expires 5/9/23.
E) Review status of portability application/transfer of creditable service for Kevin Phegley from Cahokia Heights Police Pension Fund to Columbia Police Pension Fund.
10. NEW BUSINESS
A) Discuss status of mandatory trustee training and training opportunities for 2023.
10. APPLICATION FOR MEMBERSHIP - Dylan Verret, Tier II (if received)
11. APPLICATION FOR BENEFITS
A) Review and approve application for refund of contributions for Clay Pollmann.
12. NEXT MEETING DATE (Tuesday, Jul. 11, 2023 @ 12:30 p.m.) /ADJOURNMENT
https://www.columbiaillinois.com/AgendaCenter/ViewFile/Agenda/_03272023-268
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