DeKalb Times

City of Sycamore Police Pension Fund Board met January 21.

Here is the agenda as provided by the board:

1. Call to Order

2. Approval of the Agenda

3. Public Comment

4. Consent Agenda

      a. Approval of the minutes from the meeting of October 15, 2020

5. Approval of Payments/Bills

      a. Payment of the bills since the last regular meeting

6. Treasurer’s Report

      a. Report from the Treasurer on the status of the fund including investment transactions between October 15, 2020 and January 21, 2021.

7. Investment Advisor’s Report

      a. Report from Great Lakes Advisors on market trends, fund performance, and investment options.

8. Old Business

9. New Business

      a. Investments Maturing and Reinvestment of Funds [action item]

            • The Board will consider approving investment changes, including recommendations made by the investment manager.

      b. Approval of a professional accounting firm for the calculation of pension benefits, pension payroll processing, and all other pension administrative services. Upon consideration are all RFPs received by January 15, 2021 [action item]

10. Application for Benefits

      a. Deb Rosenberg upon passing of Retired Officer Rob Rosenberg

11. Review of Benefits

      a. Approval of Pension Increases for 2021

12. Applications to the Fund

      a. Philip Nicholson – Hired December 28, 2020

      b. Sebastian Szpara – Hired December 28, 2020

      c. Zach Nelson – Hired January 8, 2021

13. Adjournment

      a. Next regular meeting: April 15, 2021

https://cityofsycamore.com/wp-content/uploads/2020/11/Final-Police-Pension-Board-Agenda-01-21-2021.pdf