McHenry Times

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

Here is the agenda provided by the board:

I. Call to Order

II. Roll Call

III. Public Comment

IV. Approval of minutes from April 21, 2022, meeting

V. Old Business

a. Adoption of cash management policy

b. Enterprise Cash Flow Module and MyStateStreet.com Access Form

c. L&A Cash Reserve Balance & New Funding Guidelines Form

VI. New Business

a. Election of Board Officers

b. Review status of Trustees’ annual training requirements

c. Schedule annual disability exams – Michael Oster and Shannon Ross

d. Semi-annual review of closed executive session minutes

e. New hires for Tier 2 parcipation:

i. Josh Stitt – effective 4/28/22

ii. Kelci Suchecki – effective 4/28/22

iii. James Keeble – effective 4/28/22 (waiting for application form

to be returned)

iv. Justyn Koster – effective 5/26/22

v. Jose Alvarez – effective 6/27/22

f. Actuarial Valuation and Assumptions report from Kevin Cavanaugh of Lauterbach & Amen, LLP

g. Mail

VII. Investment Activity

VIII. Treasurer’s Report

IX. Presentation of Bills

a. Reimer Dobrovolny & LaBardi PC $ 1053.56

b. Lauterbach & Amen, LLP $ 1705.00

c. Illinois Department of Insurance (prepaid) $ 8000.00

d. Timesheet for Recording Secretary $ 587.50

Eileen Baker

TOTALS: $ 11,346.06

X. Adjournment

https://www.crystallake.org/home/showpublisheddocument/21332