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5-9-24 PBOT Adopted MinutesMINUTES Ad& Police Officers' Pension Board of Trustees Meeting r Thursday, May 9, 2024 - 6:30 PM Commission Chamber Present: Charles "Chase" Jamison, Member John Miller, Vice Chair Robert (Bob) Liggero, Resident Member Selected by Board; Confirmed by Commission Absent: Tim Anderson, Secretary Also Present: Brittany Percell, Finance Director (FD) 1. CALL TO ORDER 2. COURTESY OF THE FLOOR TO VISITORS 3. APPROVAL OF MINUTES A. Approve minutes of the February 8, 2024 regular meeting of the Police Officers' Pension Board of Trustees. 4. REPORTS A. Recap of investment performance for period ended March 31, 2024 B. Annual Actuarial Valuation Report as of October 1, 2023 5. OLD BUSINESS 6. DISCUSSION WITH PENSION BOARD ATTORNEY 7. NEW BUSINESS A. Discussion Regarding Inadvertent Overpayment of Pension Benefits ACTION. Motion to take action to recoup funds as recommend by Attorney as well as implement new policies and procedures to prevent an incident such as this from reoccurring. Motion: Robert (Bob) Liggero Second. John Miller Charles "Chase" Jamison John Miller (Seconded By) For For Police Officers' Pension Board of Trustees May 9, 2024 Page 1 of 2 Attest: Robert (Bob) Liggero (Moved By) For Motion passed 3 to D. ADJOURNMENT There being no further discussion, The Chair, declared the meeting adjourned at 7:15 p.m. 61.aag Brittany Percell, Plan Administrator Robert (Bob) LigVer , Chair Police Officers' Pension Board of Trustees May 9, 2024 Page 2 of 2