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MINUTES OF THE REGULAR MEETING OF THE BOARD OF TRUSTEES <br /> ELK GROVE VILLAGE POLICE PENSION FUND <br /> November 17,2017. <br /> The interim meeting of the Board of Trustees of the Elk Grove Village Police Pension Fund was held on <br /> Friday,November 17,2017 at 7:30 am at 901 Wellington Avenue, Elk Grove Village, Illinois, <br /> CALL TO ORDER: President Christopher Torres called the meeting to order at 7:30 a.m. <br /> ROLL CALL: <br /> Present: President Christopher Torres, Secretary Jason Gottwald, Assistant Secretary Warren <br /> Moody and Trustee Stephen Schmidt(quorum present) <br /> Absent: Vice President Allan Ambrose <br /> Also Present: Brian Kohler,Elk Grove Village Finance Department <br /> APPROVAL OF MEETING MINUTES: <br /> The Board reviewed the October 17, 2017 meeting minutes. A motion was made by Trustee Moody and <br /> seconded by Trustee Schmidt to approve the meeting minutes as written. Motion carried unanimously by <br /> voice vote.Trustee Ambrose was absent. <br /> RETIREMENT APPLICATION: <br /> The Board was notified that former Police Officer Kristina Jedlink requested a refund of pension fund <br /> contributions totaling$76,547.37. A motion to approve the refund of pension fund contributions to former <br /> Police Officer Kristina Jedlink was made by Trustee Moody, and seconded by Trustee Schmidt. <br /> AYES: Trustees Gottwald,Moody, Schmidt,Torres <br /> NAYS: None <br /> ABSENT: Trustee Ambrose <br /> The Board was made aware of the retirement of Sergeant Randall Nelson,effective November 3,2017. <br /> Sergeant Randall Nelson was a Tier 1 pensioner who accumulated 26 years, 1 month and 25 days of <br /> creditable service. His annual salary was$111,900.00,with an initial annual benefit of$72,735.00. His <br /> initial monthly benefit is$6,061.25.A motion to accept Sergeant Randall Nelson's application for <br /> pension disbursement was made by Trustee Moody,second by Trustee Gottwald. <br /> AYES: Trustees Gottwald,Moody, Schmidt,Torres <br /> NAYS: None <br /> ABSENT: "Trustee Ambrose <br /> PUBLIC COMMENT: None <br /> With no further business to discuss,a motion to adjourn the meeting at 734 a.m..was made by Trustee <br /> Schmidt, and seconded by Trustee Moody. Motion carried unanimously by voice vote. Trustee Ambrose <br /> was absent.. <br /> The next regular meeting is scheduled for Tuesday,January 9,2017 at 3:30 pm. <br /> Respectfully.submitted, <br /> Christopher T rre ,Board President Date Approved by Board <br /> 1 <br /> Jason Got oard Secretary <br /> 1 <br />