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North Cook News

Tuesday, October 28, 2025

Village of Buffalo Grove Police Pension Fund Board of Trustees met Oct. 23

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Village of Buffalo Grove and Two Employees Receive American Public Works Association Awards | Village of Buffalo Grove

Village of Buffalo Grove and Two Employees Receive American Public Works Association Awards | Village of Buffalo Grove

Village of Buffalo Grove Police Pension Fund Board of Trustees met Oct. 23

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. July 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

i. Repeat Monthly Withdrawal Instructions for 2026

7. Investment Report

a. IPOPIF – Verus Advisory, Inc.

i. State Street Statements

8. Applications for Membership/Withdrawals from Fund

a. Application for Membership – Denys Wolf

b. Withdrawals from Fund – Cassandra Arreola and Oliver Sorisho

9. Applications for Retirement/Disability Benefits

a. Deceased Pensioner – Jerome Stopper/Approve Surviving Spouse Benefits – Lori Stopper

10. Old Business

a. Review/Adopt – Municipal Compliance Report

b. IDOI Annual Statement

11. New Business

a. Review/Approve – Lauterbach & Amen Engagement Letter

b. Establish 2026 Board Meeting Dates

c. Status of IPOPIF Compliance Audit

d. Discussion/Possible Action – Pension Fund Records Management

12. Trustee Training Updates

a. Approval of Trustee Training Registration Fees and Reimbursable Expenses

13. Communications and Reports

a. Affidavits of Continued Eligibility

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

a. Legal Updates

b. Tier 2 Supervisor Contribution Question

c. Disability Update – Derek Hawkins

d. Review, Adopt and Publish Decision and Order – Michael Rodriguez

15. Closed Session, if needed

16. Adjournment

https://buffalogroveil.portal.civicclerk.com/event/738/files/agenda/1348