Village of Bloomingdale
Franco A. Coladipietro Pamela S. Hager
Village President Village Clerk
“Growth with Pride”
NOTICE OF A REGULAR MEETING OF THE
BLOOMINGDALE POLICE PENSION FUND
BOARD OF TRUSTEES
The Bloomingdale Police Pension Fund Board of Trustees will conduct a regular meeting on Monday, January 27, 2025
at 5:00 p.m. in the Conference Room of the Village Hall located at 201 S. Bloomingdale Road, Bloomingdale, Illinois
60108, for the purposes set forth in the following agenda:
AGENDA
1. Call to Order
2. Roll Call
3. Public Comment
4. Approval of Meeting Minutes
a.) October 28, 2024 Regular Meeting
b.) Semi-Annual Review of Closed Session Meeting Minutes
5. Financial Reports
a.) Treasurer’s Report for the Period Ended December 31, 2024
b.) Approval of Payments
i.) Reimer Dobrovolny & LaBardi PC
j.) IPPFA Membership Dues
c.) Discussion/Possible Action – Cash Management Policy
6. Investment Reports
a.) IPOPIF – Verus Advisory, Inc
i.) State Street Statements
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.) Contribution Refund – Wade McClellan
b.) Applications for Membership – Fred Schuett III and Daniel Spevak
10. Applications for Retirement/Disability Benefits
11. Old Business
a.) Discussion/Possible Action – Operating Bank Account Change
b.) Discussion/Possible Action – Colorado Bankers Life 25% Pro Rata Distribution
c.) Military Buyback – Jonathan Chrabot
d.) Portability Updates – Joseph Battaglia and James Winters
12. New Business
a.) BMO Bank Signature Cards and Resolution Update
b.) Approve Annual Cost of Living Adjustments for Pensioners
c.) Review Trustee Term Expirations and Election Procedures
13. Attorney’s Report – Reimer Dobrovolny & LaBardi PC
a.) Discussion/Possible Action – Revised Board Rules and Regulations
b.) QILDRO – Juan Pagan
c.) Legal Updates
14. Closed Session, if needed
15. Adjournment