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McHenry Times

Wednesday, November 20, 2024

City of Crystal Lake Police Pension Fund Board met April 21

City of Crystal Lake Police Pension Fund Board met April 21.

Here is the agenda provided by the board:

I. Call to Order

II. Roll Call

III. Public Comment

IV. Approval of minutes from January 20, 2022 meeting.

V. Old Business

a. Discussion/adoption of cash management policy

VI. New Business

a. Annual filing of statement of economic interest statements for each trustee

b. Active Member Trustee Nomination Update

c. Pension approval for Kevin Doherty, retired March 11, 2022

d. Contribution refund for former officer Joshua Jacobs, last day worked October 30, 2020. Refund in the amount of $49,799.29.

e. Michael Chorba – New hire effective March 21, 2022. Tier 2

f. Brendan Schumacher – New hire effective April 4, 2022. Tier 2

g. Joseph Giolli – New hire effective April 11, 2022. Tier 2

h. L&A Cash Reserve Balances & New Funding Guidelines

i. Fiduciary Liability Insurance Annual Renewal / Cyber coverage approval

j. Mail

VII. Investment Activity

VIII. Treasurer’s Report

IX. Presentation of Bills

https://www.crystallake.org/home/showpublisheddocument/20870/637858777523370000

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