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HomeMy WebLinkAboutJanuary 28, 2025 Police Pension Agenda Operating Under Council – Manager Government Since 1957 Kelli R. Bennewitz City Clerk City Hall • 55 West Tompkins Street • Galesburg, IL 61401 • (309) 345-3610 GALESBURG POLICE PENSION FUND BOARD MEETING ERICKSON CONFERENCE ROOM CITY HALL January 28, 2025, 9:00 AM 1. Call to order 2. Approve the October 31, 2024, minutes 3. Receive quarterly and annual report from Courtney and Aldrich 4. Review and act of investment activity a. Rob Arth & Phyllis Gau – Morgan Stanley 5. New Business: a. Approve 2025 COLA increases for retirees b. Apprive 2025 meeting schedule dates 1/28/2025, 4/29/2025, 7/29/2025 & 10/28/2025 c. Approve three-year contract with Lauterbach & Amen, LLP to provide actuarial services d. Approve resignation and request for refund of contributions from former Officer Hardine e. Approve actuarially assumed interest rate calculation for military buy back time for Officer Hayes 6. Certified Trustee Training a. IML Pension Trustee Training b. IPPFA Pension Trustee Training 7. Public Comment 8. Adjournment