The meeting was called to order by President Kappler at 704pm.  A roll call of the trustees was taken.  Present was Treasurer Carl Brauweiler, Trustees Doug Dostert, Jon Moehrlin, Tom Ahlbeck and President Kappler.  Mary Tomanek from Smith Barney and Charles Atwell from Atwell and Atwell law were also present for the meeting.

A motion was made to accept the minutes from the October meeting with a couple of minor changes by Tom Ahlbeck and seconded by Jon Moehrlin.  All were in favor – motion passed.

A motion was made by Carl Brauweiler to hire Charles Atwell to represent the pension fund in the case of officer Duggan it was seconded by President Kappler.  All were in favor – motion passed.  A letter will be written to Doctor Vender to determine if Patrick Duggan has recovered sufficiently to be taken off disability. 

Mary Tomanek of Smith Barney went over our financial statements for the quarter.  She spoke about the new law pertaining to the Sudan and the requirements that will go along with it.  Our money managers are going to have to sign off on the restrictions and Mary is still unsure if both managers will do this.  She also advised that Smith Barney will be holding a training session on February 14th.   She said that it will be held in DesPlaines and she will get back to us with the time it will be held. 

President Kappler advises there are a couple officers that want to transfer their time from IMRF to our pension fund.  We are currently working this out with our actuary and accountant. The cost will be about $100.00 dollars for the accountant and an unknown amount from the actuary.  The board will absorb this cost.  We did the same for officers taking part in portability.

The IPPFA will be hosting a training day on January 27, 2006.  President Kappler and Secretary Moehrlin will be attending.

A motion to adjourn was made at 840pm by President Kappler and seconded by Tom Ahlbeck.  All were in favor – motion passed.

 Next meeting will be February 28th 7pm.

These minutes were compiled by President Kappler