Village of Niles Firefighters’ Pension Fund Board of Trustees met Nov. 9.
Here is the agenda provided by the board:
I. Call to Order
II. Roll Call:
III. Public Comment:
IV. Approval of Minutes
a. August 17, 2021
V. Lauterbach and Amen, LLC Report
a. Review of monthly financial statements
b. Approval of Bills and Disbursements
c. Approval of DOI Annual Statement
VI. Investment Advisor Report:
a. Review of Quarterly Investment Report
b. Review and Update Investment Policy and /or Asset Allocation Parameters
c. SFAM Post-Transition Services
VII. Treasurers Report (Village Finance Director Kent Oliven)
a. Status of Village Audit
VIII. Firefighters’ Pension Investment Fund of Illinois (October 1st Tranche)
a. Review of FPIF Updates and Next Steps
b. FPIF Receipt of Transfer (October 29, 2021)
c. Review of Cash Flow Projections from Lauterbach
d. Confirmation of Transition Cash Retention
e. Confirmation of Local Account(s) for Cash
f. Review/Approve Collateralization Agreement for BMO Harris Account
g. Review of Northern Trust Global Cash Movement New Setup Authorization Form
h. Review/Approve Resolution Authorizing Account Representatives for Northern Trust Global Cash Movement Portal
i. Future Termination of Investment Professional and Custodial Agreements
IX. Consideration of and Action Upon Applicants for Admission and/or Withdrawal From Fund
a. Application for Admission- Adam Hoeflich
b. Change of Status- Death of Janice Sosnowski
c. Withdrawal from Fund- Fred Meek and Michal Furtak
X. Old Business:
a. Brian Collins Annual IME
b. Pensionable Salary Review
c. Affidavits of Eligibility
XI. New Business:
XII. Trustee Training:
XIII. Closed Meeting if Necessary
XIV. Schedule 2022 Meetings:
XV. Adjournment:
https://www.vniles.com/AgendaCenter/ViewFile/Agenda/_11092021-2234
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