| The Organization | |||
| INTRODUCTION
Since 1942, the Maine Public Employees Retirement System (MainePERS) has helped public employees prepare for retirement. The System's contributing members include teachers, state, county, and municipal employees, legislators, judges, and those who work for other public entities. In addition to our active members, many public sector retirees and their beneficiaries receive monthly benefits from retirement plans offered by MainePERS. The System also administers Disability Retirement, Group Life Insurance, and MaineSTART, a tax-deferred retirement savings program. Administration of these programs includes financial administration, investment administration, recordkeeping of members' work and compensation data, and administration of retirement-related services provided to members, employers and retirees. SENIOR ADMINISTRATIVE STAFF Sandra J. Matheson Executive Director John C. Milazzo General Counsel and Chief Deputy Executive Director Christine S. Gianopoulos Deputy Executive Director Rebecca A. Grant Deputy Executive Director - Administration Gary E. Emery Senior Manager of Investments Marlene McMullen-Pelsor Manager, Payrolls Administration, Employer and Ancillary Services Kathy J. Morin Manager, Actuarial and Legislative Affairs Andrew H. Sawyer Chief Investment Officer Sherry T. Vandrell Director of Finance ADMINISTRATION The Office of the Executive Director has overall administrative responsibility for all aspects of the System and its operations. The Executive Director oversees all actuarial work and investments, and has administrative responsibility for the Internal Audit function. Actuarial work is carried out with the assistance of an actuary; investment operations are carried out with the assistance of the System's Chief Investment Officer, an investment consultant, investment managers and other appropriate consultants. In addition, the Office performs the executive functions of the System, prepares and manages the administrative budget, and has day-to-day responsibility for legislative matters; appeals; federal, state, and local governmental relations; planning; organizational development; and numerous special projects. The Department of Service Programs administers the service and disability retirement programs, employer programs, survivor benefit and group life insurance programs, and records management. The Department is the System's primary contact for members, employers, and benefit recipients, responding to requests for retirement or estimated benefits, issuing annual member statements, as well as ensuring accurate recording of member wage and employment data. The Department of Administration is responsible for primarily internal functions and operations. The Accounting and Finance Division has responsibility for MainePERS accounting and financial management systems, as well as financial reporting and budget support. The Information Technology Division acquires, develops, and supports the technology and telecommunications resources used by staff to perform the work of the System. The Payrolls Administration Division processes the benefits payroll and member refunds. The Department also includes the Human Resources, Facilities/Support Services, and Communications Divisions. |
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