McHenry Times

City of Woodstock Police Pension Fund Board of Trustees met Jan. 30.

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Approval of Remote Attendance and Full Participation by Certain Trustees (if any)

4. Public Comment

5. Minutes

a. Review/Approval -- October 10, 2023 Regular Meeting

b. Six-month review of Closed Session Meeting Minutes

c. Review/Approval – Remote Open Meeting Recordings Destruction

6. Treasurer’s Report/IPOPIF Statement

a. Review of Financial Statements

b. IPOPIF Statement

c. Payment of Bills

d. Approve Annual Cost of Living Adjustments for Pensioners

e. Update on Annual Affidavit Letters

f. Update on City’s Tax Levy for Fund

g. Update on City’s Audit

7. Communications and Reports

a. Statements of Economic Interest – City to Submit Required Filers to County

8. Applications for Membership/Withdrawals from Fund

a. Kenia Aguayo-Miramontes

9. Applications for Retirement/Disability Benefits

10. Old Business

a. Review/Accept – IPOPIF Actuarial Valuation as of May 1, 2023 (Foster & Foster)

11. New Business

a. Review/Approve – Ottosen DiNolfo Engagement Letter

b. Review/Update – Fund Information Sheet

c. Review – DOI Biennial Report for 2023 – Individual Fund Data

d. Call for Election

12. Attorney’s Report – Ottosen

a. Pension Insights for First Quarter 2024 (New Case Law)

b. Board Insights for January 2024 (Trustee Training Requirements)

c. IAFPD Fire Call Pension Pointers – “Federal Court Weighs in on Whether Delayed Disability Hearing Process Violates an Applicant’s Due Process” (Fall 2023)

d. Crains – “State high court skeptical municipal police and fire pension consolidations hurts retirees’ voting rights” (November 2023)

13. Trustee Training Updates

a. Certification of Trustee Training Records and Acknowledgement of Training Time from Meeting

14. Closed Session, if needed

15. Adjournment

https://www.woodstockil.gov/sites/default/files/fileattachments/police_pension_board/meeting/47505/1.agenda_for_jan_2024.pdf