City of Rock Island Firefighters’ Pension Fund Board of Trustees met Jan. 28.
Here are the minutes provided by the board:
A regular meeting of the Rock Island Firefighters’ Pension Fund Board of Trustees was held on Wednesday, January 28, 2026 at 2:30 p.m. in the Rock Island Police Department Community Room located at 1212 5th Avenue, Rock Island, Illinois 61201, pursuant to notice.
CALL TO ORDER: Trustee Jacobs called the meeting to order at 4:37 p.m.
ROLL CALL:
PRESENT: Trustees Jessica Sager (April 2028), Chad Jacobs (April 2026) and Shellee Showalter (April 2026)
ABSENT: Trustees Sean Toohey (April 2027) and Charles Hobert (April 2028)
ALSO PRESENT: Attorney Nemura Pencyla, Reimer Dobrovolny & LaBardi PC; Amanda Roth, Lauterbach & Amen (L&A); John Falduto, Sawyer Falduto Asset Management, LLC (SFAM)
PUBLIC COMMENT: There was no public comment.
REMOTE ATTENDANCE OF TRUSTEES, AS AN EXCEPTION TO THE OPEN MEETINGS ACT: There was no remote attendance of Trustees.
NEW BUSINESS: Certify Board Election Results – Active and Retired Member Positions: L&A conducted an election for one of the active member positions on the Rock Island Firefighters’ Pension Fund Board of Trustees. The Board noted that 31 ballots were received and 31 ballots were counted. The active member election results are as follows: 28 votes for Sean Toohey and 3 votes for Bryce Lawson. Sean Toohey was elected as one of the active members on the Board of Trustees for an unexpired three-year term ending April 30, 2027. A motion was made by Trustee Jacobs and seconded by Trustee Sager to certify the election results. Motion carried unanimously by voice vote.
L&A also conducted an election for the retired member position on the Rock Island Firefighters’ Pension Fund Board of Trustees. Charles Hobert ran unopposed and was elected for an unexpired three-year term ending April 30, 2028. A motion was made by Trustee Jacobs and seconded by Trustee Showalter to certify the retired member election results. Motion carried unanimously by voice vote.
Review/Approve – Fiduciary Liability Insurance Renewal: The Board reviewed the fiduciary liability insurance renewal provided by Hudson Insurance Company through Alliant Insurance Services, Inc. A motion was made by Trustee Showalter and seconded by Trustee Sager to approve payment of the fiduciary liability insurance renewal effective January 31, 2026 through January 31, 2027 in the amount of $9,716. Motion carried by roll call vote.
AYES: Trustees Jacobs, Sager and Showalter
NAYS: None
ABSENT: Trustees Toohey and Hobert
Approve Annual Cost of Living Adjustments for Pensioners: The Board reviewed the 2026 Cost of Living Adjustments calculated by L&A. A motion was made by Trustee Sager and seconded by Trustee Showalter to approve the 2026 Cost of Living Adjustments as required by statute and calculated by L&A. Motion carried by roll call vote.
AYES: Trustees Jacobs, Sager and Showalter
NAYS None
ABSENT: Trustees Toohey and Hobert
ATTORNEY’S REPORT – REIMER DOBROVOLNY & LABARDI PC: Review, Adopt and Publish – Decision and Order – Kyle Sebben: The Board reviewed the Decision and Order prepared by Reimer Dobrovolny & LaBardi PC. A motion was made by Trustee Showalter and seconded by Trustee Sager to affirm the approval, adoption and publication of the Decision and Order for Kyle Sebben as presented and previously approved on September 10, 2025. The Board also noted this Decision and Order was previously approved by the Board on September 10, 2025. Motion carried by roll call vote.
AYES: Trustees Jacobs, Sager and Showalter
NAYS: None
ABSENT: Trustees Toohey and Hobert
APPROVAL OF MEETING MINUTES: October 22, 2025 Regular Meeting: This item will be discussed at the special meeting on February 5, 2026.
September 10, 2025 Special Meeting Transcript: This item will be discussed at the special meeting on February 5, 2026.
October 30, 2025 Special Meeting: This item will be discussed at the special meeting on February 5, 2026.
Semi-Annual Review of Closed Session Meeting Minutes: This item will be discussed at the special meeting on February 5, 2026.
ACCOUNTANT’S REPORT – LAUTERBACH & AMEN: Monthly Financial Report and Presentation and Approval of Bills: This item will be discussed at the special meeting on February 5, 2026.
Additional Bills, if any: This item will be discussed at the special meeting on February 5, 2026.
INVESTMENT REPORTS: Sawyer Falduto Asset Management, LLC: This item will be discussed at the special meeting on February 5, 2026.
FPIF – Marquette Associates: This item will be discussed at the special meeting on February 5, 2026. Statement of Results: This item will be discussed at the special meeting on February 5, 2026.
COMMUNICATIONS AND REPORTS: Affidavits of Continued Eligibility: This item will be discussed at the special meeting on February 5, 2026.
Discussion/Possible Action – Appointment of Trustee as Public Notary: This item will be discussed at the special meeting on February 5, 2026.
IDOI Security Administrator: This item will be discussed at the special meeting on February 5, 2026. Statement of Economic Interest: This item will be discussed at the special meeting on February 5, 2026.
TRUSTEE TRAINING UPDATES: The Board reviewed the Trustee Training Summary and discussed upcoming training opportunities. Trustees were reminded to submit any certificates of completion to L&A for recordkeeping.
Approval of Trustee Training Registration Fees and Reimbursable Expenses: This item will be discussed at the special meeting on February 5, 2026.
https://www.rigov.org/301/Agenda-Minutes
