Board meetings, strategic plans, and buyer signals from Kenneth McCoy’s organization
Oct 21, 2021·BoardMeeting
Board
City Of Highland Police Pension Board Regular Meeting Minutes
The board reviewed fund assets and authorized a transfer of funds to optimize performance. A new attorney was hired to provide legal counsel for pension board matters. The board reviewed a disability application for a sergeant, discussed the sustainable investing act, and reviewed the annual financial statement and interrogatories for filing. Additionally, the board planned the timeline for the actuarial report and tax levy demand, discussed updates to surviving spouse status, reviewed member training requirements and authorized training packets, approved training reimbursements, approved 2022 pension payments and shortage payments, and set the meeting schedule for the upcoming year.
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City Of Highland Police Pension Board Regular Meeting
The meeting addressed the transfer of assets from Busey Bank to CNB Bank, along with a review of current fund assets. Key actions included the approval of a quarterly rebalancing plan for cash funds between CNB and FCB Bank to align with equity strategies. The board discussed the passing of a beneficiary, potential next steps regarding an outstanding pension check, and upcoming fiduciary liability insurance renewal. Additionally, results from the board member elections were announced, and a training update regarding transition training was provided.
Jan 21, 2021·BoardMeeting
Board
City Of Highland Police Pension Board Regular Meeting
The board reviewed fund assets and discussed performance metrics for the portfolio. Discussions included the filing of finance entity forms, the approval of a new pension fund member, and continuing education requirements for board members. The board approved maintaining three months of reserve funds in a checking account and received a presentation from a banking institution regarding service capabilities and fee structures. Additionally, the board reviewed progress on file organization and planned the creation of updated contact forms for all pensioners.
Dec 1, 2020·BoardMeeting
Board
City Of Highland Police Pension Board Special Agenda Meeting
The board discussed and approved a four-hour online training program for its members. They also reviewed and approved a recommendation for a tax levy amount to be submitted to the city council. Furthermore, a resolution was adopted to designate authorized signers for the board's bank account, with initial discussions held regarding the funding levels for that account.
Extracted from official board minutes, strategic plans, and video transcripts.
