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TEACHERS'
PENSION AND ANNUITY FUND
DECEMBER 4, 2008
ORDER OF BUSINESS
Notice of this meeting has been provided through the annual notice of the schedule of regular meetings of the Board filed with and prominently posted in the offices of the Secretary of State. The 2008 annual meeting schedule was mailed to the Secretary of State, Star Ledger and the Trenton Times on November 28, 2007.
DISCLOSURE OF THE OPEN PUBLIC MEETINGS ACT
(A) When necessary, the Board shall adopt Resolution A to go into closed session to consider individuals’ disability applications, which states:
In accordance with the provisions of the Open Public Meetings Act, N.J.S.A. 10:4-13, be it resolved that the Board of Trustees go into closed session for purposes of discussing matters pertaining to disability retirement which involves material involving personal medical and health records, data, reports and recommendations relating to specific individuals, pursuant to N.J.S.A. 10:4-12(3). Those matters are confidential unless expressly waived by the individual involved.
The actions taken during closed session relating to a disability retirement are anticipated to become available to the public immediately at the conclusion of the meeting and will be posted on the Division of Pensions and Benefits’ website within a reasonable time; however, personal information pertaining to an individual shall be redacted from the minutes of such meeting and shall remain confidential until after such time as the Board determines that the need of confidentiality no longer exists and the matters discussed can be disclosed.
(B) When necessary, the Board shall adopt Resolution B to go into executive session to request/receive attorney-client advice from the Deputy Attorney General, which states:
In accordance with the provisions of the Open Public Meetings Act, N.J.S.A. 10:4-13, be it resolved that the Board of Trustees go into closed session to discuss matters falling within the attorney-client privilege, and/or matters in which litigation is pending or anticipated, pursuant to N.J.S.A. 10:4-12(7).
The minutes of such meeting shall remain confidential until after such time as the Board determines that the need of confidentiality no longer exists and the matters discussed can be disclosed and the Board waives the attorney-client privilege.
| Called
to Order: |
10:35 a.m. |
| Roll Call: |
James Joyner, Martha Liebman, Neil Williams, Marie Flynn, Paul Orihel, Dennis Testa, Susanne Culliton (seated as Treasurer’s representative) |
| Also
Present: |
DAG Dawn Harris; Mary Ellen Rathbun; Jackie Bussanich; Marylou Mayoros; Hank Schwedes; Mark Schwedes; Dustin McNichol, Star Ledger; Rich Klockner, NJPSA; Gerard Galasso; William Cunningham, attorney; Leonard Marano; Paul Griggs, attorney; and Richard Cirelli
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OPEN SESSION
Minutes
Minutes from the meeting of October 30, 2008 - Approved
Finance
A-1 |
Common Pension Fund E as of June 30, 2008 - Approved |
| A-2 |
Common Pension Fund B as of September 30, 2008 - Approved |
Miscellaneous
Issues
Retirement and Death Lists
C-1 |
Active and Retired Death Lists - Approved |
| C-2= |
Active and Retired Death Lists - Approved |
| C-3= |
Return to Employment - Approved |
| C-4= |
Retirement List - Approved |
| C-5= |
Chapter 221 - Approved |
CLOSED SESSION
Ordinary Disability
. |
MEMBER'S NAME
AND NO. |
EMPLOYER |
EFFECTIVE DATE |
OPT |
DECISION |
D-1 |
Nilson, Brenda
|
Atlantic County Special Services |
5/08 |
C |
Approved |
D-2 |
Monthly OD Grid w/Supplement |
. |
. |
. |
Approved with exception of Sheila Glazner who was tabled for an IME (see list of approvals below) |
Member's Name |
Effective Date |
Opt |
Employer |
Anderson, Joanne |
03/09 |
A |
Bernards Twp BOE |
Castro, David |
02/09 |
A |
Camden County Technical Schools |
Roach, Ruth M |
01/09 |
5 |
Lower Township BOE |
Selawsky, Susan A |
12/08 |
2 |
Passaic Co Vocational School |
|
Total = 4
Accidental Disability
. |
MEMBER'S NAME AND NO. |
EMPLOYER |
EFFECTIVE DATE |
OPT |
ACCIDENT
DATE |
DECISION |
E-1 |
Powell, William
|
Trenton BOE |
9/08 |
C |
2/1/06 |
Denied Accidental; Grant Ordinary |
E-2 |
Corrado, Lynda
|
Sea Isle City BOE |
7/08 |
5 |
9/19/05
10/5/05
10/5/06
12/12/06 |
Denied Accidental; Only eligible for withdrawal |
E-3 |
Sharpe, Valerie
|
South Orange-Maplewood BOE |
5/08 |
C |
11/28/05 |
Approved |
OPEN SESSION
Retirement
Issues
|
F-1+ |
Galasso, Gerard - Manchester Township BOE - Honorable Service - Approved retirement with no forfeiture; Did not touch and concern employment (Retirement Bureau) |
F-2 |
Farrand, Vernell - Newark Public Schools - Purchase Request - Denied |
F-3+ |
Marano, Leonard - East Orange City BOE - Honorable Service - Partial Forfeiture - Eligible for Deferred (not removed for cause); Partial forfeiture; Forfeit 5 years of service credit (Retirement Bureau) |
F-4 |
Kerfoot, James - Southern Regional H S District - Appeals retroactive pension adjustment - Denied (External Audit, Retirement Benefit) |
Hearing
Decisions
.G-1 |
Wright, Shirley; Jones, Viola; Weston, Mary; Schmidt, Robert; Wilson, Betty - Willingboro Twp. BOE - Initial Decision - ALJ upheld the determination that the post retirement employment of the petitioners with the Willingboro Twp BOE required the cancellation of their TPAF retirement allowance and required their re-enrollment in TPAF. The petitioners are required to repay TPAF all the retirement benefits they received during their employment in the TPAF covered positions. - Accept ALJ decision with modification; the Board upheld its previous decision that the petitioners must repay the lesser of the retirement benefits they received during their post-retirement employment or the salary they received during this period. (External Audit, Retirement Bureau) |
Hearing
Requests
Active
Membership Issues
J-1+ |
Cirelli, Richard - Camden City BOE - Request to Purchase
a) Reconsideration - Denied
b) Hearing Request - Approved |
Death Claim Issues
Informational
Issues
L-1 |
Wire Transfers - Non-Contributory group insurance policy #14800 - Noted |
L-2 |
Wire Transfers - Contributory group insurance policy #14300 - Noted |
L-3 |
State Investment Council Agenda - Noted |
L-4= |
State Investment Council Information - Noted |
"+" Indicates personal
appearance
"=" Indicates
items not mailed
The next meeting
of the Board will be held on January 8, 2009.
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