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Benton Firefighter Pension Board discusses upcoming election

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The city of Benton Firefighter Pension Board met Jan. 20 to discuss the upcoming board member election.

Here is the meeting's agenda, as provided by the board:

The Benton Fireman Pension Board oversees all financial matters related to the fire department's pension plan.

Agenda — Fire Pension Meeting

AGENDA

BENTON FIREFIGHTER PENSION BOARD

FRIDAY, JANUARY 20, 2017 AT 10:00 A.M.

BENTON CITY HALL

1403 S. MAIN, BENTON, IL 62812

1. CALL TO ORDER / ROLL CALL

2. PUBLIC COMMENTS

3. MINUTES – Reading and approval of the minutes for the previous board meeting

4. CORRESPONDENCE

5. BILLS

6. TREASURER’S REPORT – Lisa Meno

7. INVESTMENT REPORT – Zemenick & Walker, John Johnson

8. OLD BUSINESS

A) Discuss requirements and deadlines regarding mandatory training of all

pension board trustees (2016).

9. NEW BUSINESS

A) Discuss 2017 COLA increases for retirees per statute;

B) Review and discuss Tax Levy Ordinance regarding Municipal contributions

to the Fund compared to Illinois Department of Insurance Actuarial Valuation

Report.

C) Illinois Finance Entity update due February 28, 2017;

D) Discuss 2017 mandatory trustee training opportunities.

E) Review and discuss Illinois Department of Insurance 10 year Complete

Profile Report.

F) Discuss filing Economic Interest disclosure forms with County Clerk by May

1, 2017.

G) Discuss upcoming election for board members

• Jeff Coleman, active, term expires 4/30/2017

10. APPLICATION FOR MEMBERSHIP

11. APPLICATION FOR BENEFITS

12. NEXT MEETING DATE (Friday, April 21, 2017 @ 10:00 a.m.) / ADJOURNMENT

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