McHenry Times

Village of Cary Police Pension Fund Board of Trustees met July 16

Here is the agenda provided by the board:

Michael Lorenz – President

LLINOD Tricia Duke - Vice President

Bruce Brandwein – Secretary

Chris Spoerl – Assistant Secretary

Ed Synek - Trustee

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a. April 23, 2025 Regular Meeting

b. Semi-Annual Review of Closed Session Meeting Minutes

5. Investment Reports

a. Sawyer Falduto Asset Management

b. IPOPIF - Verus Advisory, Inc

c. State Street Statements

6. Accountant's Report - Lauterbach & Amen

a. Monthly Financial Report

b. Presentation and Approval of Bills

c. Additional Bills, if any

d. Discussion/Possible Action – Cash Management Policy

7. Applications for Membership/Withdrawals from Fund

8. Applications for Retirement/Disability Benefits

9. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

10. Old Business

a. Appointed Member Term Expiration - Bruce Brandwein

11. New Business

a. Discussion/Possible Action - Fiduciary Liability Insurance Renewal

b. Status of Actuarial Valuation

c. Board Officer Elections - President, Vice President, Secretary and Assistant Secretary

d. FOIA Officer and OMA Designee

e. IDOI Annual Statement

12. Communications and Reports

a. Affidavits of Continued Eligibility

b. Active Member File Maintenance

13. Attorney's Report - Asher, Gittler & D'Alba

a. Legal Updates

14. Closed Session, if needed

15. Adjournment

https://www.caryillinois.com/AgendaCenter/ViewFile/Agenda/_07162025-227