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C. 91
To: Board of Supervisors
From: David Twa, County Administrator
Date: May  10, 2016
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: CCCERA Demand for Recoupment of Pension Over-Payments Paid to Certain PDOCC Retirees Erroneously

APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE

Action of Board On:   05/10/2016
APPROVED AS RECOMMENDED OTHER
Clerks Notes:

VOTE OF SUPERVISORS

AYE:
John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor
Contact: Lisa Driscoll, County Finance Director (925) 335-1023
cc: Robert Campbell, County Auditor-Controller     Gail Strohl, Chief Executive Officer, CCCERA    
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED:     May  10, 2016
David Twa,
 
BY: , Deputy

 

RECOMMENDATION(S):

DIRECT the County Auditor-Controller to pay up to $115,629.54 (dependent upon payment date and interest charges identified in Table A of attached Letter) to the Contra Costa County Employees' Retirement Association for recoupment of pension over-payments paid to certain retired Physicians and charge to the following organization codes and accounts:  



  • Farey, K. 6384:1044 - $17,096.18

RECOMMENDATION(S): (CONT'D)
  • Hinman, P. 6384:1044 - $28,804.44
  • Hearst, P. 6390:1044 - $37,217.16
  • Slauson, D. 6387:1044 - $31,170.73
  • FISCAL IMPACT:

    100% Hospital Enterprise Fund (145000) expense of up to $115,629.54.

    BACKGROUND:

    The County received a demand for recoupment of pension over-payments paid to four retired Contra Costa County physicians due to erroneous pensionable compensation reporting to the Contra Costa County Employees' Retirement Association (CCCERA). The letter, dated April 5, 2016, is attached. This action directs the Auditor-Controller to pay up to $115,629.54 pursuant to CCCERA's demand of April 5, 2016.  
      

    CONSEQUENCE OF NEGATIVE ACTION:

    Until the issue is ultimately resolved, the County may continue to accrue interest at the annual compounded rate of 7.25%.

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