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McHenry Times

Sunday, October 19, 2025

City of Crystal Lake Police Pension Fund Board of Trustees met Oct. 16

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Brett Hopkins, Crystal Lake City Council Member | https://www.bretthopkinscitycouncil.com/

Brett Hopkins, Crystal Lake City Council Member | https://www.bretthopkinscitycouncil.com/

City of Crystal Lake Police Pension Fund Board of Trustees met Oct. 16

Here is the agenda provided by the board:

Invitees: Trustees of the Crystal Lake Police Department Pension Fund

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of minutes from July 17, 2025, Regular Meeting.

5. Investment Reports

a. Sawyer Falduto Asset Management, LLC – Quarterly Report

b. IPOPIF – Verus Advisory Inc. Report

c. IPOPIF – State Street Statements

d. BMO Harris Bank - Statements

6. Treasurers Report

7. Cash Management

a. Lauterbach & Amen - Vendor Check Report 7/1/25 – 9/30/25

b. Lauterbach & Amen - Pension Payment Ledger / Multiple Batch Report 7/1/25 – 9/30/25

c. Discussion / Possible Action –Cash Management

d. Presentation & Approval of Bills

8. Applications for Membership/Withdrawals from Fund

a. Justin Bernero – New hire effective 7/21/25. Tier 2

b. Raquel Landeros, Leslie Reyes, Victor Szuszkiewicz – New hires effective 8/11/25, Tier 2

9. Applications for Retirement/Disability Benefits

a. Presentation of annual medical evaluation and vote to continue Shannon Ross’ disability benefits subject to further annual evaluations

10. Old Business

a. Update on review of Recording Secretary Eileen Baker’s current salary for pension related duties.

11. New Business

a. Meeting Dates and times for calendar year 2026 (1/15/26, 4/16/26, 7/16/26, 10/15/26) at 3:00pm

b. Discussion and possible action-pension pay date compliance (L&A)

c. Adoption of recommended tax levy from actuarial valuation

d. Mail

12. Trustee Training Updates

13. Attorney’s Report –Reimer Dobrovolny & LaBardi PC

14. Closed Session, if needed

15. Adjournment

https://www.crystallake.org/home/showpublisheddocument/24603/638960311422970000

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