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South West Illinois News

Tuesday, November 5, 2024

City of Columbia Police Pension Board met Jan. 9

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Andrew Hitzemann - City Clerk | City of Columbia Website

Andrew Hitzemann - City Clerk | City of Columbia Website

City of Columbia Police Pension Board met Jan. 9.

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 for the October 10, 2023 meeting.

4. CORRESPONDENCE

5. 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/

B) Review and update contact information, eCFM form, Authorized Agents form, and Account Representative form to be sent to IPOPIF.

9. OLD BUSINESS

A) Review Foster & Foster Actuarial Valuation Report compared to the Municipal Tax Levy Ordinance.

B) Discuss status of consolidation case appeal. Illinois Supreme Court heard oral arguments on November 21, 2023.

C) Review status of issues related to Joseph Edwards QILDRO and future payments to exwife (August 2024).

10. NEW BUSINESS

A) Discuss upcoming election / appointment for board members:

* Josh Bayer, active, term expires 5/14/24;

* Gary Craig, active, term expires 5/14/24;

* Al Hudzik, appointed, term expires 5/14/24;

* Kathleen Kuehner-Landgraf, retired, term expires, 5/14/24.

B) Discuss filing of Statement of Economic Interest with County Clerk by all board members. (Due May 1, 2024)

C) Discuss status of Illinois Finance Entity forms due February 28, 2024.

D) Discuss 2024 training opportunities and requirements.

11. APPLICATION FOR MEMBERSHIP

12. APPLICATION FOR BENEFITS

A) Steve Patton, regular retirement, Tier 1

13. NEXT MEETING DATE (Tuesday, April 9, 2024 @ 12:30 p.m.) / ADJOURNMENT

https://www.columbiaillinois.com/AgendaCenter/ViewFile/Agenda/_01092024-313

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