Retirement Services Division STATE EMPLOYEE RETIREMENT COMMISSION SUBCOMMITTEE ON REGULATIONS AND OVERPAYMENTS MEETING

STATE EMPLOYEES RETIREMENT COMMISSION
SUBCOMMITTEE ON REGULATIONS AND OVERPAYMENTS

Minutes of the December 4, 2013 Meeting

Revised

December 10, 2013

REQUEST COMMISSION APPROVAL OF THE RECOMMENDATIONS OF ITS SUBCOMMITTEE ON REGULATIONS AND OVERPAYMENTS FROM ITS MEETING ON DECEMBER 4, 2013

The following requests for waiver of overpayments (see attached supporting documents) were considered.

Michael Quintiliano (CMERS) - member - Overpayment of $14,636.47
Action: Recommend denial of the waiver. All voted in favor.

Laura Tauscher (SERS) - member - Overpayment of $20,049.08 due to administrative error.

Action: Recommend denial of the waiver request due to failure to meet the financial hardship criteria. The following members voted yea - Mr. Carey, Mr. Coffey, Ms. Mandour. Mr. Casella voted no. The motion carried.

The Subcommittee discussed SERS and MERS Accounts Receivable Reports and requested minor revisions and additional details on several accounts. Discussions will continue on this topic at the next meeting. A member of the Attorney General's Office will be requested to attend the next meeting to discuss the action that is available to the Subcommittee on deceased cases.

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