Pension Administrator

NOVEMBER 17-19, 2019


For Hotel Reservations:

Double Tree Hotel
10 Brickyard Drive, Bloomington IL
Room block open to 10/27/2019  $116 per night 
code= "IL Municipal Treasur"


Sunday 11/17/2019
12- 1:30 pm- Registration

1:30-2:30- International ACH, Records Retention, Identity Theft, PSEBA Transparency, Predatory Lending
by Michael Peterson, Lincolnshire Finance Director/ Treasurer

2:30-3:30- Review of Court Cases Pension Administrators
by Laura Goodloe, Puchalski Goodloe Marzullo, LLP

3:30-4:00- Break

4:00-5 pm- Payroll Implementation
by Debbie Crabtree, Sikich

5:00-6:00 pm- Round Table Discussions
by Gail Valle, Granite City Treasurer


Monday 11/18/2019

8:00am-10:00 am- IDOI Annual Compliance Report and Fees MCR Report Tax Forms Benefits/Benefit Calculations Pension Contributions
by Allison Barrett, Lauterbach & Amen

10:00am-10:30 Break

10:30-12:30 pm- Reciprocity, Military Purchases, Disability Buybacks & Other Misc Service Purchases
by Allison Barrett, Lauterbach & Amen LLC

12:30-1:30 pm- Lunch

1:30-2:30 pm- Open Meeting Act Freedom of Information Act Statement Of Economic Interest Mandatory Trustee Training
Amanda Secor, Lauterbach & Amen LLC

2:30-3:30 pm- Actuary Report & Pension Funding Policy
by Todd Schroeder, Lauterbach & Amen LLC

3:30-4:00 pm- Break

4:00-5:00 pm- 457, Flexible Spending Acts Retirement Healthcare
by Joel Babbitt, IPPFA Benefits

5:00-6:00 pm- Tier 1 Vs Tier 2 Budget Impact
by Jason Franken, Foster & Foster


Tuesday 11/19/2019

8:00am-9:00 am- Pension Intercept
by State Comptroller's Office

9:00am - 10:00 am- Social Security
by Dan Ryan, IPPFA Benefits

10:00am-10:30 pm- Break

10:30-12:30 pm- Overview Of IDOI, Audit, etc,,,
by ???


Governor Rauner signed HB 418 on August 24, 2017.  It is now Public Act 100-0281. It affects police pensions and the changes take effect on January 1, 2019.

Participants will learn:

  • What municipalities must do in setting up a defined contribution
  • How the law affects sworn officers entering service after the effective date of this law
  • The funding impact the law will have on the Article 3 pension funds. 
  • Information about benefits (Tier 1 vs Tier 2, calculations for retirement/disability/survivors, contribution refunds, taxes, QILDROs, transfers and purchases of service)
  • Actuarial information (developing sound funding policies, impact of statutory changes, GASB)

by Allison Barrett, Lauterbach & Amen