City of Columbia Police Pension Board met Oct. 10.
Here is the agenda provided by the board:
1. CALL TO ORDER / ROLL CALL
2. SEATING OF NEW APPOINTED BOARD MEMBER - Mike Kossina, to replace Dave Mehrmann, term expires May 13, 2025.
3. PUBLIC COMMENTS
4. MINUTES - Reading and approval of the minutes of the July 11, 2023 meeting.
5. CORRESPONDENCE
6. BILLS
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
https://www.ipopif.org/reports/article-3-reports/
9. OLD BUSINESS
A) Review and approve Annual Statement, Interrogatories and Audit to be filed with the Illinois Department of Insurance no later than October 30, 2023 (no extensions will be granted by IDOI).
B) Discuss status of appointment of new trustee by Mayor to replace David Mehrmann.
10. NEW BUSINESS
A) Discuss and approve setting of 2024 board meeting dates (currently meet on the 2nd Tuesday of quarterly months at 12:30 p.m. (1/9, 4/9, 7/9, 10/8/2024)
B) Review and approve annual COLA increases, effective January 1, 2024.
C) Discuss IPPFA Regional Seminar in Carterville, Illinois on November 14, 2023.
D) Discuss issues related to Joseph Edwards QILDRO and future payments to ex-wife.
11. APPLICATION FOR MEMBERSHIP
12. APPLICATION FOR BENEFITS - Rauch Surviving Spouse/Retirement
13. NEXT MEETING DATE (Tuesday, Jan. 9, 2024 @ 12:30 p.m.) / ADJOURNMENT
https://www.columbiaillinois.com/AgendaCenter/ViewFile/Agenda/_10102023-300
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