Governor Chris Christie • Lt.Governor Kim Guadagno 
The Official Web Site For The State of New Jersey - Department of Treasury
Global Navigation FAQs Departments/ Agencies Services A to Z NJ Home Page
Disclaimer
Pensions and Benefits
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
OCTOBER 19, 2011
ORDER OF BUSINESS

In accordance with the Open Public Meetings Act, adequate notice of this special meeting has been provided to the Secretary of State, Star Ledger and the Trenton Times on October 6, 2011.

DISCLOSURE OF THE OPEN PUBLIC MEETINGS ACT

(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.


OPEN SESSION


Called to Order: 9:05 a.m.

Adjourned: 9:50 a.m.

Roll Call:

Ron Winthers; Peter Maurer; Thomas Bruno; Lee Flanagan; Ned Thomson;
Susanne Culliton; Suzanna Buriani-DeSantis (arrived 9:20 a.m.)


Absent: William O’Brien

Also Present:

DAG Danielle Schimmel; DAG Kellie Pushko; Kathleen Coates; Lisa Pointer;
John Megariotis; Janet Cranna, Buck Consultants; Wayne Hall; John Sierchio; Vince Foti; Janice Nelson



OPEN SESSION

Miscellaneous Issues

B-1+

Revised Actuary Valuation Report as of July 1, 2010  -

  1. Accepted revised report as presented
  2. Note actuarial report indicates that the local PERS have achieved the Target Funded Ratio
    (Trustee Maurer abstained)

"+" Indicates personal appearance

The next meeting of the Board will be held at 10:00 a.m. on October 19, 2011.

 

 
spacer

Pensions and Benefits: Home | Employer Manual | Health Benefits | Forms and Publications | Counseling Appointments
Treasury: Home | ServicesPeopleBusinesses | Divisions/AgenciesFormsContact Us
Statewide:
NJ Home | Services A to Z | Departments/Agencies | FAQs
Copyright © State of New Jersey, 1996-2007
This site is maintained by the Division of Pensions and Benefits.

Contact Us Privacy Notice Legal Statement Accessibility Statement Open Public Records Act