Showing posts with label Asbury Park audit. Show all posts
Showing posts with label Asbury Park audit. Show all posts

Monday, June 15, 2009

State Hired Auditors Note AP's Planning Board Attorney Improperly Paid

The State hired independent auditors, Wiss & Co. of Livingston, NJ, note in the April 30th report that the City's planning board attorney, Jack Serpico, should not be collecting a pension from the city and should not be on the payroll, but paid instead through a professional services contract.
"Effective January 1, 2008, any professional performing services under a professional service contract cannot be a member of the Public Employees Retirement System or the Defined Contribution Retirement Program," states the report. During 2008, Serpico received a retainer paid through payroll, was enrolled in the Public Employees Retirement System and was paid approximately $58,700 through a professional services contract with the City.
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