MINUTES OF MEETING
STATE EMPLOYEE RETIREMENT COMMISSION
55 ELM STREET
HARTFORD, CT 06106

January 10, 2013

TRUSTEES PRESENT
Peter Blum
Robert Baus
Sandra Fae Brown-Brewton
Michael Carey
Charles Casella
Richard Cosgrove
Robert Coffey
James Dzurenda
Paul Fortier
Sal Luciano
Ronald McLellan
Laila Mandour
Claude Poulin
Linda Yelmini

TRUSTEES ABSENT
Steve Greatorex

EX OFFICIO MEMBERS
Martha Carlson, Deputy Comptroller

MUNICIPAL LIAISON
Thomas Landry

OTHERS PRESENT
Brenda Halpin, Director, Retirement Services Division
Bonnie Price, Asst. Director, Retirement Services Division
Kishore Solanki, Asst. Director, Retirements Services Division
Virginia Brown, Staff Attorney, Retirement Services Division
Natalie Braswell, Assistant State Comptroller
Peggy Gray, Executive Secretary, Retirement Services Division

OTHERS PRESENT
George Spurlock, CEIU
Attorney Mary Beth Braitman, Ice Miller

CALL TO ORDER
The Chairman called the meeting to order at 9:14 A.M.

CHAIRMAN'S REPORT
The Chairman welcomed new Commission member Laila Mandour to the State Employees Retirement Commission and administered the oath of office.

DIVISION DIRECTOR'S ADMINISTRATIVE AND SUBCOMMITTEE REPORTS
We have not yet closed the retirement payroll for January 2013 however we have received in approximately 140 applications. Information will be provided at the February meeting on the details of the payroll and the back log of finalizations.

We have received 336 requests to transfer from the ARP to Hybrid.

Pending Disability Applications as of December 31, 2012

FOR THE MONTH OF December

At the present time, we are reviewing August 2012 cases. The next available meeting for scheduling is March 2013.

Copies of the statewide memorandum on the SEBAC 2011 Option to Retain Grandfathered Normal Retirement Date information will be distributed to all of the Retirement Commission Trustees with the form.

I would like to bring a matter regarding MERS to the Commission'S attention related to a pension revocation for Karen Guillet from the town of Oxford. As part of her sentence, Ms. Guillet was ordered to make restitution to the victim, the town of Oxford, in the amount of $243,902.18 to be paid in full prior to the completion of her probation term. Following Ms. Guillet'S sentence in the criminal proceeding, the Attorney General'S Office brought a civil suit to revoke her pension benefits pursuant to Section 1-110a and sought restitution to the town of Oxford. The parties entered into a Stipulation for Judgment, which was approved by the court on October 17, 2012 which effectively revoked Ms. Guillet'S pension and ordered that her pension contribution be applied to the restitution order entered in her criminal case. Therefore, Ms. Guillet'S contribution of $19,198.66 should be paid to the Town of Oxford which we are in the process of completing this transaction.

The Actuarial Subcommittee has requested that a telephone conference call of the full commission be scheduled in March 2013 prior to the regularly scheduled Retirement Commission meeting.

I have received a letter of retirement from Assistant Division Director, Jeanne Kopek for March 1st as well as the supervisor of the Miscellaneous Unit.

1. REQUEST COMMISSION APPROVAL OF THE DECEMBER 15, 2012 MINUTES Mr. Luciano moved, seconded by Mr. Casella to approve the minutes for December 15, 2012. All voted in favor
Unanimous Decision

2. REQUEST COMMISSION APPROVAL OF THE STATE EMPLOYEES RETIREMENT COMMISSION CHAIRMAN'S PER DIEM EXPENSES REIMBURSEMENT Mr. Luciano moved, seconded by Mr. Casella to approve the State Employees Retirement Commission Chairman'S Per Diem expenses. All voted in favor
Unanimous Decision

3. REQUEST COMMISSION APPROVAL OF THE JUDGES, FAMILY SUPPORT MAGISTRATES AND COMPENSATION COMMISSIONERS RETIREMENT SYSTEM SPOUSE RETIREMENTS Mr. Luciano moved, seconded by Mr. Poulin to approve the Judges, Family Support Magistrates and Compensation Commissioners Retirement System Spouse retirements. All voted in favor
Unanimous Decision

4. REQUEST COMMISSION APPROVAL OF THE JUDGES, FAMILY SUPPORT MAGISTRATES AND COMPENSATION COMMISSIONERS RETIREMENT SYSTEM RETIREMENTS Mr. Luciano moved, seconded by Mr. Poulin to approve the Judges, Family Support Magistrates and Compensation Commissioners Retirement System retirements. All voted in favor
Unanimous Decision

5. REQUEST COMMISSION APPROVAL OF THE MUNICIPAL EMPLOYEE RETIREMENT SYSTEM RETIREMENTS Mr. Luciano moved, seconded by Mr. Poulin to approve the Municipal Employee Retirement System retirements. All voted in favor
Unanimous Decision

6. REQUEST COMMISSION APPROVAL OF THE STATE EMPLOYEES RETIREMENT COMMISSION MANAGEMENT TRUSTEE'S PER DIEM AND TRAVEL EXPENSES REIMBURSEMENTS FOR THE MONTH OF DECEMBER 2012 Mr. Luciano moved, seconded by Mr. Poulin to approve the State Employees Retirement Commission Management Trustee'S Per Diem and Travel expenses reimbursements for the month of December 2012. All voted in favor Mr. Baus abstained
Majority Decision

7. REQUEST COMMISSION APPROVAL OF THE STATE EMPLOYEES RETIREMENT COMMISSION UNION TRUSTEE'S PER DIEM AND TRAVEL EXPENSES REIMBURSEMENTS FOR THE MONTH OF DECEMBER 2012 Mr. Luciano moved, seconded by Mr. Dzurenda to approve the State Employees Retirement Commission Union Trustee'S Per Diem and Travel expenses reimbursements for the month of December 2012. All voted in favor
Unanimous Decision

EXECUTIVE SESSION FOR PURPOSES OF DISCUSSION WITH ICE MILLER At 9:48 a.m. Mr. Luciano moved to go into Executive Session. Brenda Halpin and Ms. Braitman from Ice Miller were asked to stay.

At 11:25 a.m. Mr. Luciano moved, seconded by Ms. Yelmini to come out of Executive Session. There were no motions made and nothing to report out.

ADJOURNMENT
At 11:27 a.m. the meeting was adjourned.

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