Morton Ira Greenberg

2016Annual

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Pull out the substance of this filing.

Parts of this filing are redacted in the source. Gaps below are the filing's, not ours.

What was filed

  • 19

    investments

  • 0

    positions

  • 0

    gifts

  • 1

    agreements

  • 0

    debts

  • 0

    reimbursements

  • 1

    income

  • 0

    spouse income

Named parties

  • issuer
  • Pension from State of New Jersey

As filed

Life Ins. Washington Nat'l Ins. Co. (whole life) — Interest

Life Ins. Pacific Life Ins. Co. (whole life) — Interest

Life Ins. New York Life Ins. Co. (whole life) — Interest

Life Ins. Nationwide Life Ins. Co. of Am. (whole life) — Int/Div

Edison International common stock — Int/Div

Bank of America - Accounts — Interest

UBS Fin. Serv. Inc. MM Acct. (cash acct.) — Int/Div

Franklin New Jersey Tax Free Income Fund — Interest

Duke Ener. Corp. Common Stock — Int/Div

Spectra Energy Corp. Common Stock — Int/Div

Bordentown Sch. Dist. Bonds — Interest — Redeemed — issuer

Oakland Sch. Dist. Bonds — Interest — Redeemed — issuer

Kingsway Sch. Dist. Bonds — Interest

Bridgewater & Raritan Sch. Dist. Bonds — Interest

Princeton Twp. — Interest

Bergen County Utility — Interest

Middlesex County Bonds — Interest

Union County Bonds — Interest

Jefferson Twp. — Interest

Agreement — 06/17/1987 — State of N. J. Judicial Retirement System (1987). On the first of each month receive a pension pymt. Med. pymts. are made as med. expenses are incurred.

Income — 2016 — Pension from State of New Jersey — S41.179.44

I have the following explanations and information for the report. Paragraph [1 relating to agreements indicates that | have a pension from the State of New Jersey.

This is the same item listed as the pension in paragraph 11 relating to non-investment income. I am receiving a pension based on early retirement under the New

Jersey Judicial Retirement System Act, as | had more than 25 years of public service in New Jersey with more than five years as a Superior Court Judge. In view

of my more than 25 years of service, I am also entitled to medical coverage for myself and my wife without charge, whic

ncludes reimbursement for Medicare

charges. This was administered by Horizon Blue Cross & Blue Shield in 2016, except that the administrator of the prescription drug portion of the coveruge in

2016 was an outside administrator. | understand that the State pays the actual cost for the coverage. The benefits also include life msurance and a pension for

If survives me. The amount of the pension for 10 will be based on the salary of a judge of the Appellate Division of the Superior Court as of

the time of my death. While I previously believed that the life insurance also is based on the salary of a Superior Court Appellate Division Judge at the time of

my death I now realize that the insurance is bused on my salary when 1 retired in June 1987. Both paragraph 11 und paragraph 111 request “date,” The best date 1

can give is to explain that | became a Superior Court Judge on December 20, 1973, and served until | retired in June 1987 when 1 became a judge on the Court of

Appeals. | never entered into an individual written contract for the pension but was awarded it under New Jersey law. The same is true for the medical coverage.

Thus, the “agreement” has no particular date.

1 have shown the value of my life insurance policies, Item VII, lines 1, 2, and 3, because there is a cash surrender valve for the policies. While | previously

regarded them as not held for investment or the production of income but nevertheless voluntarily listed them, starting with the 2002 report 1 have reported the

policies in accordance with the then new instructions for the Financial Disclosure Report. 1 have tuken the value codes from annual policy statements but note

that | do not have information for line 1. Washington Nat'l Ins. Co., previously Bankers Nat'l, from the company for specific cash value. | thus have made my

calculation based on my knowledge of the history of the policy. The item for Pacific Mutual at item 2 includes two policies combined. | also have reported

a Nationwide Life Ins. Co. of Am. policy at Item VII, line 4, that was not regarded as held for investment or production of income but starting with the 2002

report has been shown as it has 4 policy value. Tn 2002 it was shown as Provident Mutual but because of a name change is now Nationwide Life. I have taken

the income amounts on the insurance policies from the IRS form 1099 where applicable. Item 3 for New York Life Ins. Co. combines two forms of income for

form 1099 purposes, (1) interest and (2) other distributions from pensions, annuities, retirement or profit-sharing, IRAs and insurance contracts. If separated

euch would have an income value code of A. The policies listed as items 1, 2, and 3 are whole life policies but except for the small policy in item 2 I do not

have to make premium payments on them because of accumulated dividends and interest. | had no transactions during 2016 other than bond maturities and a bond

acquisition that are listed above in the schedules to part VII. There were no transactions on the insurance policies during 2016. The income on the policies wis

accumulated by the companies. 1 have not listed as an asset the value of my interest in the New Jersey Judicial Retirement System under puragraph VII, us it was

listed under paragraph II and the income from it was listed under paragraph 111. In Item VII, line 6, | list checking and money market accounts, and certificates of

deposit with the Bank of America. | have aggregated the information for that bunk for the various accounts,

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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Morton Ira Greenberg | Frix