The BIG question… WHO WAS ON THE COUNCIL?
Special thanks to the responsiveness of both the Department of Finance and the Treasurers Office for Providing me with the link to the Public records of the Deferred Compensation Council.
Here are the members who served on the now infamous 7 person council that holds so many State Employees retirement options in the palm of their hands.
We know that by law 4 of the members are “Ex-Officio” members…
Insurance Commissioner Karen Weldin Stewart (302) 674-7300
Thomas J. Cook – Secretary of Finance (302) 577-8546
Mr. Robert Scoglietti Office of Management & Budget (302) 739-4204
Ken Simpler- State Treasurer 302 672-6000
The other 3 members of the Council shall be appointed by the Governor.
State Employee Number 1 Charles Campbell-King
Empty Seat for State Employee Number 2
Representative of the public-at-large Ralph Cetrulo
So the 7 person Oligarchy was really a 6 person group that controls the financial future and stability of thousands of State Employees.
YOU MAY EMAIL THE COUNCIL AT Deferred Compensation Team
I had filed Freedom Of Information Act (FOIA) forms with the following State Offices. State Treasurer, Insurance Commissioner, Office of Management and Budget, Department of Finance, and Governor Jack Markell’s Office. Both the Finance Department and Treasurers Office where very helpful! This information is publicly available at https://egov.delaware.gov/pmc/. At that site you can access agendas, names of council members, and meeting minutes by searching for the Deferred Compensation Council.
Here are the documents that are available on the Deferred Compensation Website.
Sunlight is the best disinfectant. Lets see the meeting minutes and agenda items from these high power meetings. Stay Tuned…