Police Pension minutes
North Aurora Police Pension
Board of Trustees
Regular Board Meeting
Minutes of meeting – April 18th, 2023
The meeting was called to order at 5:12 PM by Ryan Peat. Roll call was conducted and members
preset were as follows: Mary Licar, Ryan Peat, Randy Voss, Board Attorney Charles Atwell and
Treasurer Jason Paprocki
Audience Comments
None
Approval of Minutes
Licar made a motion to approve the minutes of the regular board meeting dated January 17, 2023, and approval of special meeting minutes dated March 08,2023; seconded by Voss. A roll call vote was taken: Licar-yes; Voss – yes; Peat- yes. Motion passed with a 3-0 vote.
Presentation and Acceptance of Treasurer’s Report
Jason Paprocki presented a summary of detailed financial reports for the pension fund with all activity in
the account. A motion was made to approve the treasurer’s report by
Licar; and seconded by Voss. A Roll call vote was taken: Licar-yes; Voss- yes; Peat-yes.
The motion passed with a 3-0 vote.
Presentation and Acceptance of Investment Report
Jason Paprocki presented a summary of the investment report for the pension fund. A motion was made to approve the investment report by Voss; and seconded by Licar. A Roll call vote was taken: Licar-yes; Voss – yes; Peat-yes. The motion passed with a 3-0 vote.
Old Business
None
New Business
Application for pension benefits for Larry Lapp
A motion to approve the application for retirement pension for Larry Lapp (retroactive to April 1, 2023) was made by Voss and Seconded by Peat. A roll call vote was taken: Licar – yes; Voss – yes; Peat – yes, the motion passed with a 3-0 vote.
Application for pension benefits for Thomas Adler
Due to incomplete information on this matter, it was decided that this would be placed on a future board meeting agenda. No motion was made, and no vote was taken.
Approval of transfer of pension service credit for Ryder Kern
A motion to approve the transfer of pension service credits for Ryder Kern was made by Licar and seconded by Voss. A roll call vote was taken: Licar – yes; Voss – yes; Peat – yes. Vote motion passed with a 3-0 vote.
Approval of transfer of pension service credit for Cody Klingberg
A motion to approve the transfer of pension service credits for Cody Klingberg was made by Licar and seconded by Voss. A roll call vote was taken: Licar – yes; Voss – yes; Peat – yes. Vote motion passed 3-0 votes.
Adjourn
A motion was made to adjourn the meeting at 5:21 pm by Licar seconded by Voss. A roll call
vote was taken: Licar-yes; Peat-yes; Voss-yes. Motion passed 3-0 votes.
