Member, Board Of Trustees
Current
New Jersey Public Employees’ Retirement System
Trenton, New Jersey, United States
As members of the Board of Trustees, we collectively hold the responsibility for the operation of the PERS under N.J.S.A. 43:15A-17. Our shared duties encompass rendering decisions on Disability Retirement cases, reviewing appeals related to the denial of certain pension benefits, and adopting rules and regulations to ensure compliance with statutory requirements for benefit payments and fund collection.As a united entity, we actively participate in establishing rules and regulations within the boundaries set by statutes, court opinions, and guidance from the Attorney General. Our collaborative efforts are focused on designing frameworks to prevent injustices and inequities within the operation of the Retirement System. Additionally, we collectively engage in resolving individual questions and appeals, considering the statutes, opinions of the Attorney General, advice from the Actuary, and relevant court cases.To ensure transparency and informed decision-making, we regularly review monthly and annual reports that detail crucial data such as assets, liabilities, income, disbursements, and statistical summaries of membership. This comprehensive information, meticulously documented by the Actuary, provides us with a holistic view of the Retirement System's financial health and membership dynamics.