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McHenry Times

Sunday, July 13, 2025

City of Woodstock Police Pension Fund Board of Trustees met July 7

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Woodstock City Mayor Michael A. Turner | City of Woodstock Website

Woodstock City Mayor Michael A. Turner | City of Woodstock Website

City of Woodstock Police Pension Fund Board of Trustees met July 7

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 – April 7th, 2025 Regular Meeting

6. Treasurer’s Report/IPOPIF Statement

a. Review of Financial Statements

b. IPOPIF Statement

c. Payment of Bills

7. Communications and Reports

8. Applications for Membership/Withdrawals/Transfers from Fund

a. Mike Lafin Application for Withdrawal

9. Applications for Retirement/Disability Benefits

10. Old Business

11. New Business

12. Attorney’s Report – Ottosen

a. Pension Insights

b. Fiduciary Insights

c. Pension Pointers Spring 2025

d. IAFPD Fire Call

i. Excerpts on Pension Legislation

ii. Tier 2 Challenges

iii. Case Law Update Pension Excerpts

iv. Funding Pensions: New Thoughts on Approaching Actuarial Valuations

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/AgendaCenter/ViewFile/Item/685?fileID=9009

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