South Central Reporter

City of Litchfield Police Pension Board of Trustees met Feb. 24.

Here is the agenda provided by the board:

1. Call to Order

2. Roll Call

3. Public Comment

4. Approval of Meeting Minutes

a.) November 18, 2024 Regular Meeting

b.) Semi-Annual Review of Closed Session Meeting Minutes

5. Accountant’s Report – Lauterbach & Amen, LLP

a.) Monthly Financial Report

b.) Presentation and Approval of Bills

c.) Additional Bills, if any

d.) Review/Update – Cash Management Policy

6. Investment Report

a.) IPOPIF – Verus Advisory, Inc.

i. State Street Statement

7. Communications and Reports

a.) Statements of Economic Interest

8. Trustee Training Updates

a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses

9. Applications for Membership/Withdrawals from Fund

a.) Application for Membership – Broc Jennings

10. Applications for Retirement/Disability Benefits

11. Old Business

12. New Business

a.) Status of IPOPIF Compliance Audit

b.) Approve Annual Cost of Living Adjustments for Pensioners

c.) Review Trustee Term Expirations and Election Procedures

d.) Discussion/Possible Action – Lauterbach & Amen LLP Engagement Letter

13. Attorney’s Report – Silver Lake Group, Ltd.

a.) Legal Updates

14. Closed Session, if needed

15. Adjournment

https://www.cityoflitchfieldil.com/AgendaCenter/ViewFile/Agenda/_02242025-374