North Cook News

Village of Buffalo Grove Police Pension Fund Board of Trustees met July 24

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment (limit of 3 minutes per person)

4. Approval of Meeting Minutes

a. April 24, 2025 Regular Meeting

b. Semi-Annual Review of Closed Session Meeting Minutes

5. Treasurer’s Report

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. Investment Report

a. IPOPIF – Verus Advisory, Inc.

i. State Street Statements

8. Applications for Membership/Withdrawals from Fund

a. Application for Membership – Eduardo Leon

b. Withdrawals from Fund – Cassandra Arreola and Oliver Sorisho

9. Applications for Retirement/Disability Benefits

a. Approve Regular Retirement Benefits – Michael Rodriguez

10. Old Business

a. IDOI Annual Statement

11. New Business

a. Review/Approve – Actuarial Valuation and Tax Levy Request

b. Review/Adopt – Municipal Compliance Report

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

d. FOIA Officer and OMA Designee

12. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

13. Communications and Reports

a. Active Member File Maintenance

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

a. Legal Updates

b. Disability Update – Derek Hawkins

c. Review, Adopt and Publish Decision and Order – Michelle Kondrat

15. Closed Session, if needed

16. Adjournment

https://buffalogroveil.portal.civicclerk.com/event/737/files/agenda/1288