McHenry Times

Village of Johnsburg Police Pension Fund Board met Oct. 25

Here is the agenda provided by the board:

1. Meeting Called to Order

2. Roll Call

3. Public Comment – 3 minutes per person

4. Reading and Approval of Minutes – Regular meeting 07-19-2024- discussion/action

5. Investment Activity

• State Street Statements – discussion/action

6. Treasurer/Accounting Reports

• L&A Financial Report – discussion/action

• Approval of bills & disbursements – discussion/action

• 1099-R Compliance – discussion/action

• Review/approval 3 year- L&A Engagement Letter – discussion/action

• Presentation/approval of Actuarial Statement – discussion/action

• Certification as to Pension Fund tax levy request – discussion/action

• Review/approval of Municipal Compliance Report – discussion/action

• Review/approval of FY24 IDOI Annual Statement – discussion/action

• Review/approval of annual Audit Report – discussion/action

• Cash Flow Needs/ Status of Investment Accounts/Local Bank Accounts/ Money Market Accounts – discussion/action

7. Attorney Report

• Status of Mark Wenrich matter – discussion/action

8. Old Business

• Affidavits of Eligibility Update – discussion/action

• 2024 Trustee Training – discussion/action

9. Application for Membership

• New Hire - Sharon L. Abrahamsen – DOH 08-12-2024, YOB 1990, Tier II – discussion/action

10. New Business

• 2025 Meeting dates (01-17-2025, 04-18-2025, 07-18-2025, 10-17-2025) – discussion/action

• Fiduciary Liability Insurance Renewal – discussion/action

11. Membership Benefits

12. Closed Session

13. Adjournment – Next meeting January 2025

https://www.johnsburg.org/sites/default/files/fileattachments/police_pension_committee/meeting/27118/johnsburg_police_pension_meeting_10.25.24.pdf