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Pensions and Benefits
TEACHERS' PENSION AND ANNUITY FUND
MARCH 12, 2015
ORDER OF BUSINESS

PLEASE NOTE: Due to a weather-related emergency closing of State offices, the Teachers' Pension and Annuity Fund meeting originally scheduled for Thursday, March 5, 2015 was cancelled and rescheduled to Thursday, March 12, 2015, at 10:30 a.m.

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 2014 annual meeting schedule was mailed to the Secretary of State, Star Ledger and the Trenton Times on December 18, 2014.

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.


RETIREMENT LISTS

Option Changes - none


OPEN SESSION


Called to Order: 10:43 AM

Adjourned: 12:05 PM

Roll Call:

James Joyner, Martha Liebman, Paul Orihel; Howard Lipoff, Ed McCarthy, Susanne
Culliton


Absent: None

Also Present: DAG Jeff Ignatowitz; Mary Ellen Rathbun; Jackie Bussanich; Sharon Palmer; Michael
Weik; Val McManus; Tim McMullen; Julie Plotkin, NJEA; Robert Murphy, NJPSA;
DAG Fatima Younus; Bruce Cerra



OPEN SESSION

Minutes

Minutes from the meeting of February 05, 2015
Approved


OPEN SESSION

Miscellaneous Issues

B-1+
Prudential Report Policy G-14800-3 (Formerly 14300-1)
Approved
B-2 Honorable Service for discussion
Board directs Secretary not to prepare case for an honorable service review by the Board


OPEN SESSION

Retirement and Death Lists

C-1

Active and Retired Death Lists
Approved

C-2 Chapter 221
Approved
C-3 Retirement List
Approved
 

CLOSED SESSION

Ordinary Disability

 
MEMBER'S NAME
AND NO.
EMPLOYER
EFFECTIVE
DATE
OPT
DECISION
D-1 Solinski, Brian
Kearny Town BOE 9/1/2014 5 a) Reconsider Ordinary Disability -
Denied
b) Hearing Request - Approve
D-2 Moon, Thomas
Franklin Twp BOE 4/1/2012 5 Reconsidered and Approved
Ordinary; Withdraw from OAL
D-3 Sepulveda, Neiza
Woodbridge Twp BOE 9/1/2014 5 Denied Ordinary, Offer Deferred
D-4 Kozak, Natalie
Point Pleasant Beach
BOE
7/1/2014 5 Denied Ordinary, Offer Deferred
D-5 Pridgen, Cynthia
Newark Public Schools 7/1/2014 5 Reconsidered and Approved
Ordinary
D-6 Monthly OD Grid     5 Approved (see list below)
D-7 Yanuzzi, Christine
Harrison Town BOE 3/1/2011 5 Reconsidered and Denied Ordinary;
Continue in OAL

ORDINARY DISABILITY APPROVALS

Member's Name

M/S #

Effective Date

Opt

Employer

Avella, Joanne

508802

02/15

5

Englewood City BOE

Brown, James M

433854

07/15

D

Pleasantville BOE

Burfeind, Dawn M

558427

05/14

5

Pennsauken Twp BOE

Defeo, Judith A

490971

10/14

5

Toms River School Dist

Kalarickal, Mary

440579

11/14

5

Bergen Co Board of Special Services

Kennedy, Kimberly

482236

05/15

2

Piscataway BOE

King, Marguerite A

542196

10/14

A

Edison Twp BOE

Kyrk, Rochelle L

502077

07/15

5

Montgomery Twp BOE

Orio, Maura A

493671

12/14

5

Deptford Twp BOE

Owens, Mary T

576072

03/15

5

Mount Olive Twp BOE

Ponsi, Donald A

489785

07/15

2

Jackson Township BOE

Repetti, Winifred V

441024

01/15

A

Belmar Boro BOE

Smith, Lisa D

492777

01/15

5

Newark Public Schools

Sofia, Elizabeth A

473891

01/15

5

Fort Lee BOE

Velez, Esteban L

530583

12/14

A

Newark Public Schools

Total = 15

 


CLOSED SESSION

Accidental Disability 

 

MEMBER'S NAME
AND NO.

EMPLOYER

EFFECTIVE
DATE

OPT

ACCIDENT
DATE

DECISION

E-1

Reynolds, Larry
Freedom Academy
Charter School
3/1/2014 A 12/6/2011 Approved w/re-exam in 18 months

 


OPEN SESSION

Retirement Issues

F-1+ Cerra, Bruce - Wanaque BOE/Sussex County Vocational/South Bergen Jointure
Comm - Honorable Service Deferred Retirement
Partial Forfeiture of service and salary from July 1, 2005 through December 31, 2006;
Approve February 1, 2015 retirement (Retirement Bureau)
F-2 #1-05015 - Middle Twp BOE - Appeals assesment for unauthorized Early Retirement
Incentive (unfunded liability) - Postponed
F-3 #1-05021 - Upper Twp BOE - Appeals assessment for unauthorized Early Retirement
Incentive (unfunded liability) - Postponed
   


OPEN SESSION


Hearing Decisions

G-1 Miller, Kenneth - Bound Brook Boro BOE - Final Administrative Determinations
Approved
G-2 Adams, Alice - Egg Harbor Twp BOE - ALJ upheld the Board's
denial of accidental disability retirement benefits (Initial Decision was final on 3/6/15)
Noted
G-3 Algava, Priscilla - South Brunswick BOE - Initial Decision ALJ
reversed the Board's decision and granted accidental disability retirement benefits effective
November 1, 2011 under maximum option
Adopted ALJ decision (Retirements, Health Benefits)
G-4 Jones, Cynthia - Community Charter School - Initial Decision ALJ upheld the
Board's denial of ordinary disability retirement benefits
Adopted ALJ decision
G-5 #1-00344 - Middletown Township BOE - Final Administrative Determinations
Approved
   

OPEN SESSION


Hearing Requests

 

None

   


OPEN SESSION

Active Membership Issues

  None


OPEN SESSION

Death Claim Issues

  None


OPEN SESSION

Informational Issues

L-1 Appellate Division Decisions Lawrence O'Reilly vs. PERS
Noted
L-2 Wire Transfers TPAF Contributory Group Insurance Policy #14300
Noted
L-3 Wire Transfers TPAF Non-contributory Insurance Policy #14800
Noted
L-4 Trial Balance as of December 31, 2014
Noted
L-5 Common Pension Fund D as of December 31, 2014
Noted
L-6 Common Pension Fund E as of December 31, 2014
Noted
L-7 Memorandum and information from Gertrude Bonagura
Noted
   

OPEN SESSION

Reports

M-1 Order Granting Plaintiffs' Motion for Summary Judgment and Denying Defendants' Motion to Dismiss
Noted (Trustee Culliton and DAG Jeff Ignatowitz recused.)
M-2 Outside Legal Counsel Invoice for February 2015
Approved (Trustee Culliton and DAG Jeff Ignatowitz recused.)
   

"+" Indicates personal appearance
"=" Indicates items not mailed

The next meeting of the Board will be held on April 2, 2015.

 

 
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