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Retirement System calls Department of Justice rent arrears "unacceptable and unsustainable"; board reviews payroll and loan plans
Summary
At its April 23 meeting the Government Employees Retirement System board heard that the Department of Justice tenant has accumulated roughly $160,000–$170,000 in unpaid rent; the administrator warned the system will seek cooperative resolution but may pursue more aggressive collections if necessary.
The Government Employees Retirement System’s board of trustees heard on April 23 that a central government tenant, the Department of Justice, has built up substantial rent arrears and faces formal notice from the system.
In the administrator’s report, the board was told the Department of Justice carried arrears representing January through March and related electrical charges that together total in excess of $160,000 and approach $170,000. The administrator described that shortfall as “unacceptable and unsustainable” and said staff would attempt one more cooperative resolution before…
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