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Rock Island Today

Thursday, November 21, 2024

City of Colona Police Pension Board met Oct. 17

City of Colona Police Pension Board met Oct. 17.

Here is the agenda provided by the board:

Call to Order 10:00 A.M.

Treasurer’s Report:

1. Edward Jones Report – Tom Taylor

2. Quarterly Annuity Report

3. Summary of Account activity

a. Officer Contributions

b. Distributions

Secretary’s Report: Minutes July 2022.

Old Business: Transfer of Funds

Potential selection of independent enrolled actuary for recommended tax levy. 

Review status of Trustees’ annual training requirements.

Adopt Cash Management Policy and Resolution for Authorized Representative New Business:

Approve fiduciary liability insurance

Adoption of recommended tax levy

Adoption of municipal compliance report forward to municipality 

Schedule next calendar year meetings

Independent audit report to DOI

Deadline for Filing annual Report October 31st.

Adjourn

Next Meeting - TBD

https://www.colonail.com/vertical/sites/%7BFC142F78-E9D2-49AE-8B50-7910B5B74E0C%7D/uploads/pension_agenda_10-17-22.pdf