STATE EMPLOYEE RETIREMENT COMMISSION
SUBCOMMITTEE ON PURCHASE OF SERVICE AND RELATED MATTERS

MINUTES OF May 5, 2015 MEETING

TRUSTEES PRESENT
Charles Casella, Robert Coffey, Ron McLellan

OTHERS PRESENT
Brenda Halpin, Director, Retirement Services Division
Colin Newman, Assistant Director, Retirement Services Division


The meeting began at 10:05 a.m.

The Subcommittee discussed the following claims that had been administratively denied by the Retirement Services Division. All of the recommendations are unanimous unless noted accordingly.

Tim Bombard - Request received from Mr. Bombard that the Retirement Services Division accept his late request to "grandfather" his retirement date.


Action: Mr. Coffey moved, seconded by Mr. Casella to recommend tabling of this matter to allow the Retirement Services Division to research this matter further.


Barbara Carbino (Probate) - Request received from the family of Ms. Carbino that a benefit payable under either the 10 year period certain or 20 year period certain option be processed following Ms. Carbino's death as an active employee with the Probate Court.


Action: Mr. McLellan moved, seconded by Mr. Coffey to recommend tabling this matter for the purpose of giving the Retirement Services Division an opportunity to discuss this matter with the claimants' attorney.


Victor Nelson Request received on behalf of Mr. Nelson that he be approved to receive a vested rights retirement benefit retroactive to May 1, 2008 the first of the month following his 65th birthday.


Action: Mr. Casella moved, seconded by Mr. Coffey to recommend denial of the request made on behalf of Mr. Nelson that he be allowed to receive a retirement benefit retroactive to May 1, 2008.


Gary Soracchi - Request received from Mr. Soracchi that he be allowed to purchase his prior out of state service with the State of Florida for additional retirement credit purposes in SERS Tier IIA.

Action: Mr. McLellan moved, seconded by Mr. Coffey to recommend denial of Mr. Soracchi's request to purchase his prior out of state service with the State of Florida.


John Verderame (MERS) - Request received from Mr. Verderame that his late retirement application received by the Retirement Services Division on December 23, 2014 be approved with the retirement date of December 6, 2013, his date of termination from employment.


Action: Mr. Casella moved, seconded by Mr. Coffey to recommend denial of Mr. Verderame's request that his effective date of retirement was made retroactive to December 6, 2013, his date of termination.


Meeting adjourned at 11:35 a.m.


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