A regular meeting of the State Employees Retirement Commission (the �Commission�) was held on April 18, 2019, in 7th Floor Conference Room at 55 Elm Street, Hartford Connecticut. The meeting convened at 9:00 a.m. and the following members of the Commission were present:
The following members of the Commission were absent:
Also present were:
Call to Order
Chairman Adomeit called the meeting to order at 9:04 a.m.
Chairman's Report
The Chairman reported that Mr. Coffey has been appointed to the
Actuarial Subcommittee. The Chairman also noted that there is a vacancy on
the Commission with respect to a managerial-side actuary. Mr. Luciano
indicated that he would contact the Governor�s office regarding appointment of a
managerial-side actuary.
Division Director's Report
At 9:14
a.m., Mr. Herrington provided the Division Director's Report.
Pending Disability Applications for the Initial Review By the Medical Examining Board
There are a total of 393 Disability Retirement Applications of which:
The Division is in the process of reviewing the dates that have been scheduled for MEB meetings for the remainder of 2019 in an attempt to schedule additional initial application meetings in an effort to reduce the wait period.
Twenty-Four Month Reviews
241 Cases are due for a 24 month reviews:
Files Calculated and Sent to the April Retirement Payroll
Normal Retirements
| Retirements in Audit | 12/2018 | 1/2019 | 2/2019 | 3/2019 | 4/2019 |
|---|---|---|---|---|---|
| Retirements Processed | 134 | 210 | 225 | 214 | 219 |
The Chairman asked for a motion to amend the agenda to add a Robinson and Cole invoice and the MERS GASB 68 report prepared as of June 30, 2018.
i.
At 9:25 a.m., Mr.
Poulin moved, seconded by Mr. Coffey to amend the agenda to add the GASB 68
Report for the Connecticut Municipal Employees' Retirement System Prepared as of
June 30, 2018.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to amend the agenda to add the GASB 68 Report for the
Connecticut Municipal Employees� Retirement System Prepared as of June 30, 2018.
i.
At 9:26 a.m. , Ms. Brown-Brewton
moved, seconded by Mr. Casella to add the Robinson & Cole invoice for Federal
Tax Matters to Item 4 relating to the Robinson & Cole invoice for CMERS.
ii.
Chairman asked if there was any discussion. There
being no discussion he called for a vote.
iii. The Commission voted unanimously in favor to add the
Robinson & Cole invoice for Federal Tax Matters to Item 4 relating to the
Robinson & Cole invoice for CMERS.
New Matters
1. Request Commission Approval of the March 21, 2019 minutes.
i.
At 9:26 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the March 21, 2019
minutes.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the March 21, 2019 minutes.
2. Request Commission Approval of the State Employees Retirement Commission Chairman�s Per Diem Expenses.
i.
At 9:26 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the State Employees
Retirement Commission Chairman�s Per Diem Expenses.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the State Employees Retirement Commission
Chairman�s Per Diem Expenses.
3. Request Commission Approval of the State Employees Retirement Commission Union Trustee Claude Poulin Per Diem and Travel Expenses.
i.
At 9:26 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the State Employees
Retirement Commission Union Trustee�s Per Diem and Travel Expenses.
ii.
Mr. Poulin abstained.
iii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iv.
The Commission voted
unanimously in favor, with Mr. Poulin abstaining, to approve the State Employees
Retirement Commission Union Trustee�s Claude Poulin Per Diem and Travel
Expenses.
4. Request Commission Acceptance of the March 2019 Billing Invoices from Robinson and Cole for CMERS and Federal Tax Matters.
i.
At 9:26 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to accept Item 4 as amended,
including the March 2019 billing from Robinson and Cole for CMERS and the
Robinson & Cole invoice for Federal Tax Matters.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to accept the March 2019 billing from Robinson and Cole for
CMERS and the Robinson & Cole invoice for Federal Tax Matters.
5. Request Commission Acceptance of Invoices from Rose Kallor rendered for the month of March.
i.
At 9:26 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to accept the invoices from Rose
Kallor rendered for the month of March.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to accept the invoices from Rose Kallor rendered for the
month of March.
6. Request Commission Acceptance of Invoices from Cavanaugh Macdonald Consulting LLC rendered for the months of January and February 2019.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to accept the invoices from
Cavanaugh Macdonald Consulting LLC rendered for the months of January and
February 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to accept the Invoices from Cavanaugh Macdonald Consulting
LLC rendered for the months of January and February 2019.
7. Request Commission Approval of the Connecticut State Employees Retirement System Service Retirements for the Month of March 2019.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Connecticut State
Employees Retirement System Service Retirements for the Month of March 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Connecticut State Employees Retirement
System Service Retirements for the Month of March 2019.
8. Request Commission Approval of the Connecticut State Employees Retirement System Voluntary Pending Retirements for the Month of March 2019.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Connecticut State
Employees Retirement System Voluntary Pending Retirements for the Month of March
2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Connecticut State Employees Retirement
System Voluntary Pending Retirements for the Month of March 2019.
9. Request Commission Approval of the Connecticut State Employees System Disability Retirements for the Month of March 2019.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Connecticut State
Employees System Disability Retirements for the Month of March 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Connecticut State Employees System
Disability Retirements for the Month of March 2019.
10. Request Commission Approval of the Connecticut State Employees System Retroactive Retirements for the Month of March 2019.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Connecticut State
Employees System Retroactive Retirements for the Month of March 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Connecticut State Employees System
Retroactive Retirements for the Month of March 2019.
11. Request Commission Approval of the Connecticut State Employees System Pre-retirement Death Benefits for the Month of March 2019 (Attached)
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Connecticut State
Employees System Pre-retirement Death Benefits for the Month of March 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Connecticut State Employees System
Pre-retirement Death Benefits for the Month of March 2019.
12. Request Commission Approval of the Municipal Retirement System Retirements for the Month of March 2019.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Municipal Retirement
System Retirements for the Month of March 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Municipal Retirement System Retirements for
the month of March 2019.
13. Request Commission Approval of the Municipal Employees Retirements Pre-retirement Death Benefits for the Month of March 2019.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Municipal Employees
Retirements Pre-retirement Death Benefits for the Month of March 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Municipal Employees Retirements
Pre-retirement Death Benefits for the month of March 2019.
14. Request Commission Approval of the Municipal Retirement System Disability Retirements Approved by the Medical Examining Board.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Municipal Retirement
System Disability Retirements Approved by the Medical Examining Board.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Municipal Retirement System Disability
Retirements Approved by the Medical Examining Board.
15. Request Commission Approval of the Municipal Retirement System Disability Retirements Tabled and Denied by the Medical Examining Board.
i.
At 9:27 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Municipal Retirement
System Disability Retirements Tabled and Denied by the Medical Examining Board.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Municipal Retirement System Disability
Retirements Tabled and Denied by the Medical Examining Board.
16. Request Commission Approval of the Retirement Services Division Request to Abandon the Disability Retirement Application Due to Failure to Provide the Proper Documentation in the Time Allotted.
i.
At 9:27 a.m., Mr. Luciano moved, seconded by Ms.
Brown Brewton to approve the Retirement Services Division Request to Abandon
the Disability Retirement Application Due to Failure to Provide the Proper
Documentation in the Time Allotted.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted unanimously in favor to
approve the Retirement Services Division Request to Abandon the Disability
Retirement Application Due to Failure to Provide the Proper Documentation in the
Time Allotted.
17. Request Commission Approval of the Judges, Family Support Magistrates and Compensation Commissioners Retirements for the Month of March 2019.
i.
At 9:28 a.m., Mr. Luciano moved, seconded by Ms.
Brown Brewton to approve the Judges, Family Support Magistrates and Compensation
Commissioners Retirements for the Month of March 2019.
ii.
Chairman asked if there was any discussion. There
being no discussion he called for a vote.
iii.
The Commission voted
unanimously to approve Judges, Family Support Magistrates and Compensation
Commissioners Retirements for the Month of March 2019.
18. Request Commission Approval of the Connecticut Probate, Judges and Employees Retirement System.
i.
At 9:28 a.m., Mr. Luciano moved, seconded by Ms.
Brown Brewton to approve Connecticut Probate, Judges and Employees Retirement
System.
ii.
Chairman asked if there was any discussion. There
being no discussion he called for a vote.
iii.
The Commission voted unanimously to approve
Connecticut Probate, Judges and Employees Retirement System.
19. Request Commission Approval of the Probate Judges and Employees Retirement Fund Personnel Expenses for the Pay Period January 4, 2018 Through February 1, 2019.
i.
At 9:28 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Probate Judges and
Employees Retirement Fund Personnel Expenses for the Pay Period January 4, 2018
Through February 1, 2019.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Probate Judges and Employees Retirement Fund
Personnel Expenses for the Pay Period January 4, 2018 Through February 1, 2019.
20. Request Commission Approval of the Recommendation from the Hazardous Duty Subcommittee meeting held on March 21, 2019.
i.
At 9:28 a.m., Mr. Luciano moved, seconded by Ms. Brown Brewton to
approve the Recommendation from the Hazardous Duty Subcommittee meeting held on
March 21, 2019.
ii. Chairman asked if there was any discussion. There being no discussion he
called for a vote.
iii. The Commission voted unanimously in favor to approve the Recommendation
from the Hazardous Duty Subcommittee meeting held on March 21, 2019.
21. Request Commission Approval of the Recommendations of the Investment Subcommittee for changes to the Investment Line-up for the Alternate Retirement Fund and SERS Tier IV.
i.
At 9:28 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve the Recommendations of
the Investment Subcommittee for changes to the Investment Line-up for the
Alternate Retirement Fund and SERS Tier IV.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor to approve the Recommendations of the Investment
Subcommittee for changes to the Investment Line-up for the Alternate Retirement
Fund and SERS Tier IV.
22. Request Commission Approval of Doctor Eric Shore to become a member of the Medical Examining Board.
i.
At 9:28 a.m., Mr.
Luciano moved, seconded by Ms. Brown Brewton to approve Doctor Eric Shore to
become a member of the Medical Examining Board.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously to approve Doctor Eric Shore to become a member of the Medical
Examining Board.
23. Request Commission Acceptance of the GASB 68 Report for the Connecticut Municipal Employees� Retirement System Prepared as of June 30, 2018.
i.
At 9:28 a.m., Mr.
Luciano moved, seconded by Ms. Brown-Brewton to accept the GASB 68 Report for
the Connecticut Municipal Employees� Retirement System Prepared as of June 30,
2018.
ii.
Chairman asked if
there was any discussion. There being no discussion he called for a vote.
iii.
The Commission voted
unanimously in favor accept the GASB 68 Report for the Connecticut Municipal
Employees� Retirement System Prepared as of June 30, 2018.
Executive Session - discussion and possible action
At 9:29 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to suspend the regular meeting and go into executive session for the purposes of discussing Item 1. Attorney Barth, Attorney Braswell, Attorney Cieslak, John Herrington, and Attorney Sullivan were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 1.
At 9:35 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:35 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to suspend the regular meeting and go into executive session for the purposes of discussing Item 2. Attorney Barth, Attorney Braswell, Attorney Cieslak, John Herrington, and Attorney Sullivan were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 2.
At 9:40 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:40 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to go into executive session for purposes of discussing Item 3. Attorney Barth, Attorney Braswell, Attorney Cieslak, John Herrington, and Attorney Sullivan were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 3.
At 9:41 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:41 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to go into executive session for purposes of discussing Item 4. Attorney Barth, Attorney Braswell, Attorney Cieslak, John Herrington, and Attorney Sullivan were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 4.
At 9:43 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:43 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to go into executive session for purposes of discussing Item 5. Attorney Barth, Attorney Braswell, Attorney Cieslak, John Herrington, and Attorney Sullivan were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 5.
At 9:44 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:44 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to go into executive session for purposes of discussing Item 6. Attorney Barth, Attorney Braswell, Attorney Cieslak, John Herrington, and Attorney Sullivan were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 6.
At 9:45 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:45 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to go into executive session for purposes of discussing Item 7. Attorney Barth, Attorney Braswell, Attorney Cieslak, John Herrington, and Attorney Sullivan were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 7.
At 9:46 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:47 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to go into executive session for purposes of discussing Item 8. Attorney Braswell and John Herrington were invited by the Commission to stay for executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously in favor to enter executive session to discuss Item 8.
At 9:51 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to exit executive session. The Chairman asked if there was any discussion. There being no discussion he called for a vote. The Commission voted unanimously to exit executive session.
At 9:52 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to deny the Bridgeport Housing Authority�s request regarding Nancy Williams on the ground that the Bridgeport Housing Authority lacks standing to pursue a benefit on Ms. Williams� behalf. The Chairman asked if there was any discussion. There being no discussion he called for a vote. All voted in favor.
At 9:52 a.m., Mr. Luciano moved, seconded by Ms. Brown-Brewton to pursue the sole source contract for Robinson & Cole upon expiration of the current contract. The Chairman asked if there was any discussion. There was a discussion concerning the length of the term of the contract, including that the Commission anticipates it will be a three-year contract, with an option to renew the contract for an additional year for the following two years. Following the discussion, the Chairman called for a vote. All voted in favor, with Karen Nolen abstaining.
Adjournment
With no further business before the Commission, Mr. Luciano moved, seconded by Ms. Brown Brewton to adjourn at 9:54 a.m. The Commission voted unanimously to adjourn.
Respectfully Submitted by:
__________________________________
Peter Adomeit, Chairman
___________________________________
Prepared by John Herrington
Director Retirement Service Division
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