Morton Ira Greenberg
2008
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Pull out the substance of this filing.
What was filed
34
investments
0
positions
0
gifts
1
agreements
0
debts
1
reimbursements
1
income
0
spouse income
Named parties
- Corp.
- through Broker (U BS)
- Fordham Law School, New York, NY
- Pension from State of New Jersey
As filed
Life Ins. Washington Nat'l Ins. Co — Interest — Note
Life Ins. Pacific Life Ins. Co. — Interest — Note
Life Ins. New York Life Ins. Co — Interest — Note
Life Ins. Nationwide Life Ins. Co. of Am. — Int/Div — Note
IRA with Bank of America in certificate of deposit — Distribution — Note
Linwood Country Club — None
General Motors Corp. common stock — Int/Div
Edison Intemational common stock — Int/Div
Bank of America - Accounts — Interest
UBS Fin. Serv., Inc. MM Acct. (cash acct.) — Int/Div — Note
Franklin New Jersey Tax Free Income Fund — Interest
Bonds Belleville Twp. — Interest — Redeemed
Mt, Laurel Twp. Bonds — Interest — Redeemed
Pennsville Twp. Util. Bond — Interest — Redeemed
Delaware River Port Authority Bonds — Interest — Redeemed
Electronic Data Systems common stock — Int/Div — Sold — Corp.
Delphi Automotive common stock — Int/Div
Rutherford Bd. of Ed. Bonds — Interest
Wildwood City Bonds — Interest
Toms River Bd. of Ed. Bonds — Interest
N.J. St. Eco. Dev. Bonds — Interest
Point Pleasant MBIA Bonds — Interest
Gloucester Twp. Board of Ed. Bonds — Interest
Dover Twp. Sch. Dist. Bonds — Interest
Burlington County Bridge Commn. Bonds — Interest
Sparta Twp. MBIA Bonds — Interest
Duke Ener. Corp. Common Stock — Int/Div
Egg Harbor Township Bonds — Interest
Spectra Energy Corp. Common Stock — Int/Div
Randolph Twp. Sch. Dist. Bonds X — Interest — Buy — through Broker (U BS)
Bordentown Sch. Dist. Bonds X — Interest — Buy — through Broker (U BS)
Oakland Sch. Dist. Bonds X — Interest — Buy — through Broker (U BS)
S. Brunswick Twp. Bonds X — Interest — Buy — through Broker (U BS)
N.J. St. Eco. Dev. Bonds X — Interest — Buy — through Broker (U BS)
Agreement — See Note — State of New Jersey Judicial Retireme
Reimbursement — Fordham Law School, New York, NY — March 9. 2008 — New York City — Sit on Moot Court — Transportation, reception and dinner
Income — See Note — Pension from State of New Jersey — $39,311.15
I have the following explanations and information for the report. Paragraph II relating to agreements indicates that I have a pension from the State of
New Jersey. This is the same item listed as the pension in paragraph III 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 asa Superior Court
Judge. In view of my more than 25 years of service, I am also entitled to medical coverage for myself (SNJijJillll without charge, which includes reimbursement
for Medicare charges. This was administered by Horizon Blue Cross & Blue Shield in 2008, but I understand that the State pays the actual cost. The benefits also
include life insurance and a pension for GED if 8 survives me. The amount of the pension for
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 based on my salary when I retired in June 1987. Both paragraph II and
paragraph III request “date.” The best date I can give is to explain that I became a Superior Court Judge on December 20, 1973, and served until I retired in June
1987 when I became a judge on the Court of Appeals. I 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.
I have shown the value of my life insurance policies, Item VII, lines 1, 2, and 3, because there is a cash surrender value for the policies. While I
previously regarded them as not held for investment or the production of income but nevertheless voluntarily listed them, starting with the 2002 report I have
reported the policies in accordance with the then new instructions for the Financial Disclosure Report. I have taken the value codes from annual policy statements
but note that I do not have information for line 1, Washington Nat'l Ins. Co., previously Bankers Nat'l, from the company for specific cash value. I 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. I 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 a policy value. In 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
each would have an income value code of A. The policies listed as items I, 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.
I show income on Item VII, line 5, from an IRA which is invested in a certificate of deposit as Distribution. In fact an IRA distribution includes sources
from the original deposits and accumulated earnings, in this case interest on a certificate of deposit which still is accruing.
I show Linwood Country Club stock at Item VII, line 6, which is not an investment property and produces no income. I probably do not have to show
the Country Club stock as it was not held for income but I am voluntarily showing it.
I have not listed as an asset the value of my interest in the New Jersey Judicial Retirement System under paragraph VII, as it was listed under paragraph
II and the income from it was listed under paragraph III.
In Item VII, line 9, I list checking and money market accounts, and certificates of deposit with the Bank of America. I have aggregated the information
for that bank for the various accounts,
I list the New Jersey Economic Development Authority twice as an investment, once as paragraph VII, item 21, and once as paragraph VII, item 34,
because the two listings are for different bond issues I purchased at different times.
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.