EXHIBIT H

Detailed Time Records for Segal Consulting 

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 1 of 46
Exhibit H

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 2 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-8500

Fax: (312)896-9364

November 27,2017

INVOICE# 320080

Segal Consulting

Client Number: 14812

OFFICIAL COMMITTEE OF RETIREES IN THE

COMMONWEALTH OF PURETO RICO

C/O JENNER & BLOCK LLP

FOR PROFESSIONAL SERVICES RENDERED

DURING OCTOBER 2017:

DISBURSEMENTS

TOTAL INVOICE

$60,458.00

$ ,, ~

$60,458.00

Benefits, Compensation and HR Consulting. Memberof The Segal Group. Offices throughout the United States and Canada

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 3 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-B500

Fax: (312)896-9364

November 27,2017

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in October 2017:

Re: Matter 001 Actuarial Analysis

t*t Segal Consulting

Date Staff Member Hours Value

9/25/2017 Bohlman, Katherine R. Updates to valuation match coding for ERS plan. 0.70 224.00

9/29/2017 Bohlman, Katherine R. Updates to coding for valuation match - ERS plan. 0.20 64.00

10/4/2017 Bridges, Geoffrey W. Working on programming level income benefits for all

Act447 and Act1 actives. 0.80 360.00

10/9/2017 Bridges, Geoffrey W. Worked on mapping benefits to decrements. 1.80 810.00

10/9/2017 Nicholl, Kim M. Work on programming for ERS 3.20 2,176.00

10/11/2017 Bridges, Geoffrey W. Worked on coding employee plan in valuation system. 4.50 2,025,00

10/11/2017 Nicholl, Kim M. Work on programming for ERS 2.90 1,972.00

10/12/2017 Bridges, Geoffrey W. Finished coding assumptions for ERS. Updated data

fields to conform to coding updates. Ran group of 3,000

actives in order to generate coding for test lives. 3.00 1,350.00

10/12/2017 Nicholl, Kim M. Work on programming for ERS 1.60 1,088.00

10/13/2017 Bridges, Geoffrey W; Looked at split between basic and system-administered

benefits for public safety death and disability benefits.

Starting documenting basic/system-admin split for

members in pay status. 1.80 810.00

10/14/2017 Bridges, Geoffrey W,; Documenting split between basic and systemadministered benefits.' 5.50 2,475.00

10/15/2017 Bridges, Geoffrey W. Working on importing complete data set for ERS to

valuation software. Ran larger group of actives and 5.30 2,385.00

10/16/2017 Bridges, Geoffrey W,. Finished loading data. Looked at sample life calculations

for a couple of in-pay members. 7.80 3,510.00

10/16/2017 Bohlman, Katherine R. Programming disability assumption for ERS. 1.30 416.00

10/16/2017 Nicholl, Kim M. Work on programming for TRS 1.40 952.00

10/17/2017 Bridges, Geoffrey W. Worked on test lives and documentation. 9.50 4,275.00

10/18/2017 Bridges, Geoffrey W. Documenting work on valuation coding. Documented

work on sample lives for in-pay participants. 3.50 1,575.00

10/26/2017 Libauskas, Jacob Reviewing ERS plan provisions and valuation

programming to replicate Milliman's June 30, 2016 4.50 1,665.00

10/31/2017 Libauskas, Jacob Reviewing programming of ERS 2016 valuation 4.00 1,480.00

Fee summary:

Name Hours Value.

Bohlman, Katherine R. 320.00 2.20 704.00

Bridges, Geoffrey W. 450.00 43.50 19,575.00

Libauskas, Jacob 370.00 8.50 3,145.00

Nicholl, Kim M. 680.00 9.10 6,188.00

TOTAL HOURSA/ALUE 63.30 29,612.00

Total: $29,612.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 4 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60608

Phone: (312) 984-6500

Fax: (312) 896-9364

November 27,2017

'ytr Segal Consulting

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in October 2017:

Re: Matter 002 Research

Staff Member Hours Value

10/13/2017 Nicholl, Kim M. Review of additional documents added to the data room 3.70 2,516.00

10/23/2017 Kovach, Patricia L. Researching laws regarding retiree benefits in Puerto 1.90 475.00

10/26/2017 Kovach, Patricia L. Review Molina Medicaid document for PR 0.50 125.00

10/30/2017 Noonan, MarkJ. Review of Molina's Puerto Rico Government Health Plan 0.30 165.00

10/30/2017 Janus, Paul J Researching medicaid manual and materials. 2.40 1,008.00

10/31/2017 Wohl, Stuart Review ASES plan design documents to help determine 0.70 413.00

Fee summary:

Name Rate Hours Value

Janus, Paul J 420.00 2.40 1,008.00

Kovach, Patricia L. 250.00 2.40 600.00

Nicholl, Kim M. 680.00 3.70 2,516.00

Noonan, MarkJ, 550.00 0.30 165.00

Total:

Wohl, Stuart

TOTAL HOURS/VALUE

590.00 0.70.

9.50

413.00

4,702.00

$4,702.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 5 of 46
101 North Wacker Dr.

Suite 500

Chicago, II 60606

Phone: (312) 984-8500

Fax: (312)896-9364

November 27, 2017

"X- Segal Consulting

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in October 2017::

Re: Matter 003 Data Analysis

Date Staff Member Hours Value

10/20/2017 Bridges, Geoffrey W,: Worked on preparing teacher data for loading,,

Imported data to data handler. 4.40 1,980.00

Fee summary:

Name Rate Hours Value

Bridges, Geoffrey W. 450.00 4.40 1,980.00

TOTAL HOURSA/ALUE 4.40 1,980.00

Total: $1,980.00

EtW 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 6 of 46
"X" Segal Consulting

101 North Wacker Dr.

Suite 500

Chicago, !L 60606

Phone:(312)984-8500

Fax: (312)896-9364

November 27,2017

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in October 2017;

Re: Matter 004 Professional Calls and Meetings

Date Staff Member Hours Value

10/2/2017 Nicholi, Kim M. Professionals Call (FTI, Segal, Jenner) 0,50 340.00

10/2/2017 Wohl, Stuart Professionals Call (FTI, Segal, Jenner) 0.50 295.00

10/2/2017 Janus, Paul J Professionals Call (FTI, Segal, Jenner) 0.50 210.00

10/3/2017 Bridges, Geoffrey W. Discussion with Segal and FTI on determination of pension

liabilities in the fiscal plans 1.40 630.00

10/3/2017 Strom, Matthew A. Discussion with Segal and FTI on determination of pension

liabilities in the fiscal plans 1.40 742.00

10/3/2017 Nicholi, Kim M, Discussion with Segal and FTI on determination of pension

liabilities in the fiscal plans 1.40 952.00

10/3/2017 Nicholi, Kim Discussion with team to discuss explanation on the

pension liabilities in the fiscal plan 0.40 272.00

10/3/2017 Bridges, Geoffrey W, Discussion with team to discuss explanation on the 

pension liabilities in the fiscal plan 0.40 180.00

10/3/2017 Strom, Matthew A. Discussion with team to discuss explanation on the

pension liabilities in the fiscal plan 0.40 212.00

10/5/2017 Nicholi, Kim M, Discussion with FTI and Jenner®mmm|

0.60 408.00

10/5/2017 Nicholi, Kim M. Call with FTI and Jenner to hear the FTI economist's view

of the impact of the hurricane on the recovery 1.40 952.00

10/9/2017 Nicholi, Kim M, Professionals (FTI, Jenner, Segal) call 0.50 340.00

10/9/2017 Janus, Paul J Professionals (FTI, Jenner, Segal) call 0.50 210.00

10/17/2017 Nicholi, Kim M: Call with creditor workgroup for update 0.80 544.00

10/23/2017 Nicholi, Kim M, Update call with professionals (FTI, Jenner and Segal) 0.30 204.00

10/23/2017 Wohl, Stuart Update call with professionals (FTI, Jenner and Segal) 0.30 177.00

10/23/2017 Janus, Paul J Update call with professionals (FTI, Jenner and Segal) 2.00 840.00

10/31/2017 Nicholi, Kim M, Update call with FTI and Jenner 0.80 544.00

10/31/2017 Wohl, Stuart Update call with FTI and Jenner 0.80 472.00

Fee summary:

Name. Bait Hours Value

Bridges, Geoffrey W. 450.00 1.80 810.00

Janus, Paul J 420.00 3.00 1,260.00

Nicholi, Kim M. 680.00 6.70 4,556.00

Strom, Matthew A. 530.00 1.80 954.00

Wohl, Stuart 590.00 1.60 944.00

TOTAL HOURSA/ALUE 14.90 8,524.00

Total;

C

$8,524.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 7 of 46
101 North Weaker Or,

Suita 500

Chicago, It. 60606

Phone: (312) 964-8500

Fax: (312) 896-9364

November 27, 2017

Segal Consulting

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in October 2017: 

Re: Matter 005 Preparation of Reports

Date Staff Member Hours Value

10/2/2017 Kovach, Patricia L. Updating presentation on PR's health system. 0.80 200.00

10/4/2017 Kovach, Patricia L. Discussion with P. Janus regarding benefits documents 0.50 125.00

10/4/2017 Janus, Paul J Discussion with P. Kovach regarding benefits documents 0.50 210.00

10/6/2017 Wohl, Stuart Provide commentary on first draft of report on PR

healthcare system for retirees. 2.20 1,298.00

10/18/2017 Kovach, Patricia L. Updating presentation of Puerto Rico's health system based 

on initial feedback 1.00 250.00

10/19/2017 Kovach, Patricia L continue updating presentation on health care system 4.10 1,025.00

10/20/2017 Kovach, Patricia L. Updating presentation on Puerto Rico's health system. 3.50 875.00

10/24/2017 Wohl, Stuart Review questions on health report 0.50 295.00

10/25/2017 Noonan, Mark J, Peer review of power point presentation currently titled 

"Puerto Rico's Health System" focusing on actuarial issues. 2.00 1,100.00

10/26/2017 Kovach, Patricia L. Updating health care in Puerto Rico presentation based on

feedback 1.50 375.00

10/26/2017 Kovach, Patricia L. Review Molina Medicaid document for PR 0.50 125.00

10/17/2017 Kovach, Patricia L. Discussion with P. Janus on benefit document edits 0.50 125.00

10/17/2017 Janus, Paul J Discussion with P. Kovach on benefit document edits 0.50 210.00

10/20/2017 Janus, Paul J Reviewing changes to benefits document 1.00 420.00

10/25/2017 Kovach, Patricia L. Making minor changes to healthcare presentation 0.50 125.00

10/25/2017 Janus, Paul J Reviewing changes to benefits document 1.50 630.00

10/26/2017 Janus, Paul J Phone call with P. Kovach to discuss presentation. 0.80 336.00

10/26/2017 Kovach, Patricia L. Phone call with P. Janus to discuss presentation. 0.80 200.00

10/27/2017 Janus, Paul J Reviewing changes to benefits document with P. Kovach 1.50 630.00

10/27/2017 Kovach, Patricia L. Finalizing 2nd draft of presentation on Puerto Rico's 

healthcare system. 5.00 1,250.00

10/30/2017 Noonan, MarkJ, Follow-up to responses on comments and questions of

"Puerto Rico's Health System" presentation. 0.20 110.00

10/30/2017 Kovach, Patricia L. Updating presentation on Puerto Rico's health system. 3.70 925.00

Fee summary:

Name tlgjjis Value

Janus, Paul J 420.00 5.80 2,436.00

Kovach, Patricia L. 250.00 22.40 5,600.00

Noonan, MarkJ. 550.00 2.20 1,210.00

Wohl, Stuart 590.00 2,70 1.593.00

TOTAL HOURSAZALUE 33.10 10,839.00

Total; $10,839.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 8 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Rhone; (312) S64-B500

Fax: (312)896-9364

November 27,2017

^Segal Consulting

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in October 2017’.

Re: Matter 006 Retiree Committee Meetings

Date

10/24/2017

Staff Member

Nicholl, Kim M. Retiree Committee conference call

Hours Value

4.20 2,856.00

Fee summary:

Name

Nicholl, Kim M.

TOTAL HOURSA/ALUE

Rate Hours Value

680.00 4.20 2,856.00

4.20 2856.00

Total: $2,856.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 9 of 46
101 North Wacker Dr.

Suite 500

Chicago, iL 60606

Phone: (312) 984-8500

Fax: (312) 896-9364

November 27,2017

'X' Segal Consulting

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in October 2017:

Re: Matter 018 Case Management

Date Staff Member Hours Value

10/5/2017 Nicholl, Kim M. Review emails 1.60 1,088.00

10/6/2017 Nicholl, Kim M. Review of emails and court orders 0.70 476.00

10/27/2017 Nicholl, Kim M. Update on case issues with Stu 0.30 204.00

10/27/2017 Wohl, Stuart Update on case issues with Kim. 0.30 177.00

Fee summary:

Name Rate Hours Value

Nicholl, Kim M. 680.00 2.60 1,768.00

Wohl, Stuart 590.00 0.30 177.00

TOTAL HOURS/VALUE 2.90 1945.00

Total; $1,945.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 10 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 80606

Phone: (312) 964-8500

Fax: (312)896-9364

November 27, 2017

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

”^r Segal Consulting

SUMMARY OF PROFESSIONAL SERVICES

Name Rate Hours. Value

Bohlman, Katherine R, 320.00 2.20 704.00

Bridges, Geoffrey W. 450.00 49.70 22,365.00

Janus, Paul J 420.00 11.20 4,704.00

Kovach, Patricia L. 250.00 24.80 6,200.00

Libauskas, Jacob , 370.00 8.50 3,145.00

Nicholl, Kim M. 680.00 26.30 17,884.00

Noonan, MarkJ. 550.00 2.50 1,375.00

Strom, Matthew A. 530.00 1.80 954.00

Wohl, Stuart 590.00 5.30 3,127.00

TOTAL HOURSA/ALUE 132.30 60,458.00

Total: $60,458.00

BINS 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 11 of 46
^Segal Consulting

101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-6500

Fax: (312) 896-9364

December 19,2017

INVOICE# 321923

Client Number: 14812

OFFICIAL COMMITTEE OF RETIREES IN THE

COMMONWEALTH OF PURETO RICO

C/O JENNER & BLOCK LLP

FOR PROFESSIONAL SERVICES RENDERED

DURING NOVEMBER 2017:

TOTAL INVOICE

$115,793.00

$115,793.00

Benefits, Compensation and HR Consulting. Member ofThe Segal Group. Offices throughout the United States and Canada

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 12 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-8500

Fax: (312) 866-9364

December 19,2017

'X' Segal Consulting

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in November 2017:

Re: Matter 001 Actuarial Analysis

Date Staff Member Hours Value

11/1/2017 Libauskas, Jacob Reviewing programming and results for replication of 2016 

ERS valuation 3.90 1,443.00

11/3/2017 Bridges, Geoffrey W. Looked at future employer contributions for current Puerto 

Rico teachers who retired under Act 70. 1.10 495.00

11/5/2017 Bridges, Geoffrey W. Worked on setting up Puerto Rico teachers in valuation

system. Added benefits and assumptions. Did very rough 

preliminary run. 1.60 720.00

11/5/2017 Bridges, Geoffrey Wt. Worked on setting up Puerto Rico teachers in valuation

system. Added benefits and assumptions. Did very rough 

preliminary run. 4.50 2,025.00

11/6/2017 Bridges, Geoffrey W, Started review of test lives. Made various coding 

adjustments to correct issues found in initial test life

examination. 8.10 3,645.00

11/6/2017 Libauskas, Jacob Reviewing ERS programming to match June 30,2016

valuation results 1.50 555.00

11/6/2017 Nicholl, Kim M. Review teacher valuation results 2.90 1,972.00

11/6/2017 Tabemacki, Patryk Program Valuation for ERS 3.40 1,088.00

11/6/2017 Tabemacki, Patryk Program ERS 1.30 416.00

11/7/2017 Kovach, Patricia!. Creating a frequency table/chart of health benefit usage by 

group for miitliple years. 2.50 625.00

11/8/2017 Tabemacki, Patryk ERS Active Liability Match Test Lives/Coding Changes

Demographics Match 5.60 1,792.00

11/8/2017 Kovach, Patricia L. Continue analysis of health payments 0.80 200.00

11/9/2017 Tabemacki, Patryk Program Valuation for ERS 6.70 2,144.00

11/9/2017 Kovach, Patricia L. Review new items in data room and save, as appropriate. 1.00 250.00

11/10/2017 Tabemacki, Patryk Program valuation forTRS 6.80 2,176.00

11/10/2017 Bridges, Geoffrey W. Reviewed comments from Analyst on ERS valuation 

model. 1.10 495.00

11/10/2017 Libauskas, Jacob Reviewing ERS programming to match June 30, 2016 

valuation results 5.20 1,924.00

11/10/2017 Nicholl, Kim M. Review teacher valuation results 1.70 1,156.00

11/10/2017 Kovach, Patricia !. Discussions (Kovach, Janus) oh benefit analysis 0.30 75.00

11/10/2017 Janus, Paul J Discussions (Kovach, Janus) on benefit analysis 0.30 126.00

11/10/2017 Janus, Paul J Review health benefit usage analysis 1.70 714.00

11/10/2017 Kovach, Patricia L. Continue analysis of health payments 0.80 200.00

11/13/2017 Libauskas, Jacob Reviewing ERS programming/results to match June 30,

2016 valuation 5.10 1,887.00

11/13/2017 Tabemacki, Patryk ERS&TRS Match 5.20 1,664.00

11/13/2017 Bridges, Geoffrey W, Worked on coding service purchase in Teachers plan. 1.20 540.00

11/13/2017 Tabemacki, Patryk Program TRS 1.20 384.00

11/13/2017 Kovach, Patricia L, Continue analysis of health payments 0.70 175.00

11/14/2017 Bridges, Geoffrey W, Discussed results of ERS modeling with J. Libauskas. 0.40 180.00

11/14/2017 Bridges, Geoffrey W, Worked on coding the service purchase for TRS in our

valuation system. 4.20 1,890.00

11/14/2017 Tabemacki, Patryk ERS & TRS Match 5.20 1,664.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 13 of 46
11/14/2017 Libauskas, Jacob Reviewing ERS programming/results to match June 30,

2016 valuation 8.40 3,108.00

11/14/2017 Nicholl, Kim M. Review Teacher system valuation results 2.80 1,904.00

11/14/2017 Tabernacki, Patryk Review of match for ERS 1.50 480.00

11/15/2017 Bridges, Geoffrey W,. Worked on service purchase calculations forTeachers. 7.90 3,555.00

11/15/2017 Tabernacki, Patryk ERS & TRS Match 1.80 576.00

11/15/2017 Libauskas, Jacob Reviewing ERS programming/results to match June 30,

2016 valuation 7.20 2,664.00

11/15/2017 Kovach, Patricia L. -; Phone call with Paul discussing payroll analysis. 0.20 50.00

11/15/2017 Kovach, Patricia L. Updating payroll analysis based on feedback from Paul. 1.00 250.00

11/16/2017 Libauskas, Jacob Reviewing ERS programming/results to match June 30,

2016 valuation 2.20 814.00

11/16/2017 Libauskas, Jacob Reviewing programming for TRS to match Milliman's

valuation results 2.10 777.00

11/16/2017 Bridges, Geoffrey W,i Worked setting up valuation for Judges' plan. 2.30 1,035.00

11/16/2017 Tabernacki, Patryk TRS Match 5.50 1,760.00

11/16/2017 Bridges, Geoffrey W,, Prepared for conference call on 11/17. Status updates, 

model capabilities. 0.50 225.00

11/16/2017 Bridges, Geoffrey W, Enhanced TRS coding for leave of absence members. 1.80 810.00

11/16/2017 Bridges, Geoffrey W, Reviewed ERS modeling for active members to identify

issues that might be causing difference in Segal and

Milliman results. 2.40 1,080:00

11/16/2017 Bridges, Geoffrey W, Started to set up model for Judges' plan. 1.40 630.00

11/17/2017 Tabernacki, Patryk TRS Match 4.60 1,472.00

11/17/2017 Bridges, Geoffrey W, Made coding adjustments and updated summary sheet for

ERS. 1.80 810.00

11/17/2017 Bridges, Geoffrey W; Worked on modeling for Judicial plan. 1.50 675.00

11/17/2017 Bridges, Geoffrey W, Reviewed Milliman modeling 1.60 720.00

11/17/2017 Libauskas, Jacob Reviewing programming for TRS to match Milliman's

valuation results 0 90 333.00

11/17/2017 Nicholl, Kim M. Review of valuation results for ERS 2.60 1,768.00

11/19/2017 Bridges, Geoffrey W, Worked on setting up modeling for Judicial plan. 0.60 270.00

11/19/2017 Wohl, Stuart Analysis of health insurance monthly payments 0.70 413.00

11/20/2017 Bridges, Geoffrey W,.: Investigated issues related to the fiscal plan, including

benefits payable to Act 70-4B members that aren't

included in dur retiree data, and the percentage of ERS

benefits that are payable from the General Fund (rather

than employers): 4.20 1,890.00

11/20/2017 Tabernacki, Patryk ERS Match 4.60 1,472.00

11/20/2017 Bridges, Geoffrey W, Worked on setting up model to value Judicial plan. 3.30 1,485.00

11/21/2017 Bridges, Geoffrey W, Worked on setting up modeling for the Judicial plan. 4.50 2,025.00

11/21/2017 Tabernacki, Patryk JRS Coding and review 3.00 960.00

11/21/2017 Noonan, Mark J. Review analysis ofretiree health plan payments 0.60 330.00

11/22/2017 Tabernacki, Patryk JRS Coding and Match 4.20 1,344.00

11/27/2017 Bridges, Geoffrey W, Looked at question concerning retiree health payouts and 

drop in payments in January 2017. 0.50 225.00

11/27/2017 Tabernacki, Patryk JRS Match and Test Lives 6.20 1,984.00

11/27/2017 Janus, Paul J Review updated analysis of change in number of

participants receiving health care benefits. 2.00 840.00

11/28/2017 Tabernacki, Patryk JRS Match 5.30 1,696.00

11/28/2017 Bridges, Geoffrey W, Looked at current ERS valuation mortality tables in

comparison to RP-2014. 2.50 1,125.00

11/28/2017 Strom, Matthew A. Review valuation programming 4.20 2,226.00

11/28/2017 Janus, Paul J Review updated analysis change in health participants by 

group and month. 2.00 840.00

11/29/2017 Tabernacki, Patryk Projected Cashflows for ERS 2.10 672.00

11/30/2017 Tabernacki, Patryk ERS projected benefit payments workbook 4.20 1,344.00

11/30/2017 Bridges, Geoffrey W. Worked on developing spreadsheet with projected benefit

payments. 6.50 2,925.00

11/30/2017 Strom, Matthew A. Review Cash Flow spreadsheet 2,80 1,484.00

11/30/2017 Kovach, Patricia L. Analyzing health benefit payments- finding the differences 7.00 1,750.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 14 of 46
Name

Bridges, Geoffrey W.

Janus, Paul J

Kovach, Patricia L

Llbauskas, Jacob

Nicholi, Kim IVI,

Noonan, Mark J.

Strom, Matthew A.

Tabernacki, Patryk

Wohl, Stuart

TOTAL HOURSAZALUE

Total:

EiN# 13-1975125

Fee summary:

Rate Hours Value

450.00 65.50 29,475.00

420.00 6.00 2,520.00

250.00 14.30 3,575.00

370.00 36.50 13,505.00

660.00 10.00 6,800.00

550.00 0.60 330.00

530.00 7.00 3,710.00

320.00 78.40 25,088.00

590.00 0.70 413.00

219.00 85,416.00

$85,416.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 15 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-B500

Fax: (312)896-9364

December 19,2017

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in November 2017:

Re: Matter 002 Research

^ Segal Consulting

Pate Staff Member Hours Value

11/13/2017 Nicholl, Kim M. Review items added to the data room 1.80 1,224.00

11/14/2017 Nicholl, Kim M. Review items added to the data room 1.50 1,020.00

11/16/2017 Wohl, Stuart 0.40 236.00

11/16/2017 Kompare, Pamela M. 3.00 1,320.00

11/17/2017 Wohl, Stuart 0.50 295.00

11/17/2017 Worrell, Mildeen Review HIPAA Privacy requirements re socioeconomic 0.80 376.00

11/17/2017 Kompare, Pamela M. Content development/review related to socioeconomic 0.50 220.00

11/19/2017 Wohl, Stuart E-mail to Jenner regarding status of health projects. 0.40 236.00

11/20/2017 Tabernacki, Patryk JRS Plan Provisions Review 1.20 384.00

11/21/2017 Tabernacki, Patryk JRS Plan Provisions Review 2.30 736.00

11/25/2017 Kompare, Pamela M. Calls and meetings related to socioeconomic profile 0.30 132.00

11/29/2017 Wohl, Stuart Review Law 95 and amendments 1.60 944.00

Fee summary:

Name Rate Hours. Value

Kompare, Pamela M. 440.00 3.80 1,672.00

Nicholl, Kim M. 680.00 3.30 2,244.00

Tabernacki, Patryk 320.00 3.50 1,120.00

Wohl, Stuart 590.00 2.90 1,711.00

Worrell, Mildeen 470.00 0.80 376.00

TOTAL HOURSAZALUE 14.30 7,123.00

Total: $7,123.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 16 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-8500

Fax: (312)896-9364

December 19,2017

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

"X- Segal Consulting

For professional consulting services in November 2017:

Re: Matter 003 Data Analysis

Date Staff Member Hours Value

11/3/2017 Bridges, Geoffrey W. Worked on data for Puerto Rico teachers. Set

up fields to value various benefits for inactives. 1.10 495.00

11/5/2017 Bridges, Geoffrey W, Worked on data for Puerto Rico Teachers.

Added various data fields to value basic and

system administered benefits, bonuses. 1.60 720.00

11/16/2017 Bridges, Geoffrey W. Worked on data for Judges' plan. 2.20 990.00

11/22/2017 Janus, Paul J Investigating drop in retiree benefits

information for 2017 1.30 546.00

Fee summary:

Name Rate Hours Value

Bridges, Geoffrey W. 450.00 4.90 2,205.00

Janus, Paul J 420.00 1.30 546.00

TOTAL HOURSAZALUE 6.20 2,751.00

Total: $2,751.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 17 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-8500

Fax: (312) 896-9364

December 19,2017

"X- Segal Consulting

Official Committee of Retirees in the

Commonwealth of Puerto Rico

do Jenner and Block LLP

Client Number: 14812

For professional consulting services in November 2017: 

Re: Matter 004 Professional Calls and Meetings

Date Staff Member Hours Value

11/1/2017 Nicholl, Kim M. Call with Bob Gordon to discuss pension and health care 1.00 680.00

11/1/2017 Nicholl, Kim M. Jenner (Steege, Root, Gordon, Levin) and Segal (Nicholl, 

Wohl) call on project status and planning. 0.90 612.00

11/1/2017 Wohl, Stuart Jenner (Steege, Root, Gordon, Levin) and Segal (Nicholl,

Wohl) call on project status and planning. 0.90 531.00

11/10/2017 Bridges, Geoffrey W. Update call with Jenner to discuss actuarial analysis that

Segal is doing. 1.10 495.00

11/10/2017 Libauskas, Jacob Update call with Jenner to discuss actuarial analysis that

Segal is doing. 1.10 407.00

11/10/2017 Nicholl, Kim M, Update call with Jenner to discuss actuarial analysis that

Segal is doing. 1.10 748.00

11/10/2017 Strom, Matthew A. Update call with Jenner to discuss actuarial analysis that

Segal is doing. 1.10 583.00

11/10/2017 Wohl, Stuart Discussions with Jenner, Segal and FTI on strategy going 

forward 1.10 649.00

11/16/2017 Wohl, Stuart Call with Segal (Wohl, Kompare), Marchand (Jorge, Luis) 

and Jenner (Root, Steege, Gordon, Levin) on 

0.80 472.00

11/16/2017 Kompare, Pamela M. Call with Segal (Wohl, Kompare), Marchand (Jorge, Luis) 

and Jenner (Root, Steege, Gordon, Levin) on

. 0.80 352.00

11/17/2017 Bridges, Geoffrey W. Professional call with FTI, Jenner and Segal to discuss

modeling 1.80 810.00

11/17/2017 Libauskas, Jacob Professional call with FTI, Jenner and Segal to discuss

modeling 1.80 666.00

11/17/2017 Tabernacki, Patryk Professional call with FTI, Jenner and Segal to discuss

modeling 1.80 576.00

11/17/2017 Nicholl, Kim M. Professional call with FTI, Jenner and Segal to discuss

modeling 1.80 1,224.00

11/17/2017 Strom, Matthew A. Professional call with FTI, Jenner and Segal to discuss

modeling 1.80 954.00

11/17/2017 Wohl, Stuart Professional call with FTI, Jenner and Segal to discuss

modeling 1.80 1,062.00

11/20/2017 Bridges, Geoffrey W. Call with Milliman and Jenner to discuss benefit

projections for fiscal plan 0.80 360.00

11/20/2017 Nicholl, Kim M. Professional call with FTI and Jenner 1.30 884.00

11/20/2017 Nicholl, Kim M. Call with Milliman and Jenner to discuss benefit

projections for fiscal plan 0.80 544.00

11/20/2017 Strom, Matthew A. Call with Milliman and Jenner to discuss benefit

projections for fiscal plan 0.80 424.00

11/20/2017 Libauskas, Jacob Call with Milliman and Jenner to discuss benefit

projections for fiscal plan 0.80 296.00

11/27/2017 Strom, Matthew A. Professionals (Jenner, FTI, Segal) call 1.00 530.00

11/27/2017 Wohl, Stuart Professionals (Jenner, FTI, Segal) call 1.00 590.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 18 of 46
Fee summary:

Total:

.Name. Rate Hours Value

Bridges, Geoffrey W. 450.00 3.70 1,665.00

Kompare, Pamela M. 440.00 0.80 352.00

Libauskas, Jacob 370.00 3.70 1,369.00

Nicholl, Kim M. 680.00 6.90 4,692.00

Strom, Matthew A. 530.00 4.70 2,491.00

Tabemacki, Patryk 320.00 1.80 576.00

Wohl, Stuart 590.00 5.60 3,304.00

TOTAL HOURSA/ALUE 27.20 14,449.00

$14,449.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 19 of 46
^Segal Consulting

101 North Wacker Dr,

Suite 500

Chicago, IL B0606

Phone: (312) 984-8500

Fax: (312)898-9384

December 19,2017

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in November 2017:

Re: Matter 005 Preparation of Reports

Date Staff Member Hours Value

11/1/2017 Kovach, Patricia L. Edits to PR healthcare report 1.00 250.00

11/27/2017 Kovach, Patricia L Continue report on healthcare benefit usage. 0.60 150.00

11/30/2017 Wohl, Stuart Review benefit sections of presentation for committee on

health benefits in Puerto Rico 2.60 1,534.00

Fee summary:

Name Rate Hours Value

Kovach, Patricia L, 250.00 1.60 400.00

Wohl, Stuart 590.00 2.60 1,534.00

TOTAL HOURSA/ALUE 4.20 1,934.00

Total: $1,934.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 20 of 46
■X- Segal Consulting

101 North Wacker Dr.

Suite 500

Chicago, IL 60908

Phone; (312) 984-8500

Fax: (312)896-9364

Official Committee of Retirees in the

Commonwealth of Puerto Rico

do Jenner and Block LLP

Client Number: 14812

December 19,2017

For professional consulting services in November 2017;

Re: Matter 006 Retiree Committee Meetings

Date :

11/21/2017

11/21/2017

Fee summary:

Total;

Staff Member Hours Value

Janus, Paul J Retiree Committee Call 2.80 1,176.00

Wohl, Stuart Retiree Committee Call 2.80 1,652.00

Name Rate Hours Value

Janus, Paul J 420.00 2.80 1,176.00

Wohl, Stuart 590.00 2.80 1,652.00

TOTAL HOURSAZALUE 5.60 2828.00

$2,828.00

EM 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 21 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60608

Phone: (312) 984-8500

Fax: (312)896-9364

December 19,

Official Committee of Retirees in the

Commonwealth of Puerto Rico

do Jenner and Block LLP

Client Number: 14812

Segal Consulting

For professional consulting services in November 2017)

Re: Matter 018 Case Management

Date . Staff Member

11/22/2017 Nicholl, Kim M.

11/12/2017 Nicholl, Kim M.

Review emails

Review emails

Hours.

1.10

0.80

Fee summary:

Name

Nicholl, Kim M.

TOTAL HOURSAZALUE

Rate Hours

680.00 1.90

1.90

Total:

2017

Value

748.00

544.00

Value

1.292.00

1292.00

$1,292.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 22 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone.' (312) 9B4-8500

Fax: (312) 696-9364

December 19, 2017

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

^Segal Consulting

SUMMARY OF PROFESSIONAL SERVICES

Name Hours Value.

Bridges, Geoffrey W. 450.00 74.10 33,345.00

Janus, Paul J 420.00 10.10 4,242.00

Kompare, Pamela M. 440.00 4.60 2,024.00

Kovach, Patricia L 250.00 15.90 3,975.00

Libauskas, Jacob 370.00 40.20 14,874.00

Nicholl, Kim M. 680.00 22.10 15,028.00

Noonan, MarkJ, 550.00 0.60 330.00

Strom, Matthew A. 530.00 11.70 6,201.00

Tabemacki, Patryk 320.00 83.70 26,784.00

Wohl, Stuart 590.00 14.60 8,614.00

Worrell, Mildeen 470.00 0.80 376.00

TOTAL HOURS/VALUE 278.40 115,793.00

Total: $115,793.00

EM# 13-197512S

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 23 of 46
Segal Consulting

101 North WacKer Dr.

Suits 500

Chicago. IL 6060B

Phons: (312) 984-8500

Fax: (312)806-9364

January 10,2018

INVOICE# 323921

Client Number: 14812

OFFICIAL COMMITTEE OF RETIREES IN THE

COMMONWEALTH OF PURETO RICO

C/O JENNER & BLOCK LLP

FOR PROFESSIONAL SERVICES RENDERED

DURING DECEMBER 2017:

$113,174.00

DISBURSEMENTS

$ 3,338.11

TOTAL INVOICE

$116,512.11

Beneflte, Compensation and HR Coniultlng. Member ofThe Sogal Group. Offices throughout the United States end Canada

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 24 of 46
Segal Consulting

101 North Waoker Dr.

Suits 500

Chicago, IL 00006

Phone: (312) 884-8500

Fax: (312)800-9304

January 10, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services In December 2017:

Re: Matter 001 Actuarial Analysis

Date Staff Member

12/1/2017 Tabernackl, Patryk

12/1/2017 Bridges, Geoffrey W.

12/1/2017 Bridges, Geoffrey W.

Hours Value

Work on valuation programming for the employees

pension plan Including the projection of benefits

Worked on benefit payment projections for Teachers

pension plan.

Worked on benefit payment projection for employees'

plan.

Use projected payments to construct model for

alternative benefit reduction scenarios

Judges retirement system valuation programming of

deferred vested and actives

Worked on model for applying benefit reductions to

Employees Retirement System in pay members.

Review valuation programming and results for Judges

Review cash flow model spreadsheet

Benefit Projection Charts for Teachers retirement

Review cash (low model spreadsheet

Teachers Retirement System benefit Projection Models

Prepare statistics of census and benefits for pension

plans

Actuarial Information for FTI document Including

average age, service benefit levels, distributions of

Judges valuation Match for Actives

Reviewing projected benefit payments for Employees

8.20 2,024.00

1.60 720.00

6.90 3,105.00

12/1/2017 Strom, Matthew A.

6.40 3,392.00

12/4/2017 Tabernacki, Patryk

4.80 1,536.00

12/4/2017 Bridges, Geoffrey W,

12/4/2017 Strom, Matthew A?

12/4/2017 Strom, Matthew A.

12/5/2017 Tabernacki, Patryk

12/5/2017 Strom, Matthew A.

12/6/2017 Tabernacki, Patryk

12/7/2017 Tabernacki, Patryk

1,260.00

954.00

1,961.00

1,216.00

1,113.00

1,824.00

2.80

1.60

3.70

3.80

2.10

5.70

1.50 480.00

12/7/2017 Nlcholl, Kim M,

1.80 1,224.00

Tabernacki, Patryk 608.0012/8/2017

12/8/2017 Llbau6kas, Jacob

1.90

259.00

795.00

1,272.00

plan 0.70

Review valuation programming for employees plan

Review cash flow model spreadsheet

Review of actuarial Information for document prepared

by FTI

Review of Employees Retirement System valuation

report to determine historical contributions

Review of valuation programming for teachers

Review valuation programming and results for Judges

Judges plan Benefit Payment Projections

Reviewing the replication of the 2016 Judges plan

valuation

Worked on adjustments to modeling for Judicial plan.

Cash flow models

12/8/2017 Strom, Matthew A.

12/0/2017 Strom, Matthew A.

12/9/2017 Nlcholl, Kim M.

1.50

2.40

1.40 952.00

12/10/2017 Nlcholl, Kim M. 1,496.00

2,475.00

2,014.00

664.00

2.20

12/11/2017 Bridges, Geoffrey W. 5.50

12/11/2017 Strom, Matthew A.

12/12/2017 Tabernacki, Patryk

12/12/2017 Ubauskas, Jacob

3.80

2.70

1,073.00

495.00

954,00

2.90

12/13/2017 Bridges, Geoffrey W.

12/13/2017 Strom, Matthew A.

1.10

1.80

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 25 of 46
12/14/2017

12/14/2017

12/14/2017

12/14/2017

Checked adjustments to modeling for Judicial plan.

Judges plan Projected Benefit Payments

Review of projected benefit payments

Development of actuarial values for Retiree health care

plans

Judges benefit projection modeling workbook

Actuarial modeling of benefit projections

Review ofjudges valuation

Generate sample slides to demonstrate cash flow model

Updates to cash flow projection model forTeachers

Benefit projection model for teachers plan

Updates to cash Now projection model for Teachers

Updates to cash flow projection model for Teachers

Review valuation flies and Judges program

Worked on benefit projection modeling forjudicial plan.

Bridges, Geoffrey W.

Tabemackl, Patryk

Strom, Matthew A.

Janus, Paul J

1,080.00

1,088.00

954.00

2.40

3.40

1.80

1,260.00

544.00

2,176.00

1,496.00

477.00

2,226.00

384.00

954.00

2,014.00

1,219.00

3.00

12/16/2017

12/15/2017

12/16/2017

12/18/2017

12/20/2017

12/21/2017

12/21/2017

12/22/2017

12/22/2017

12/28/2017

Tabemacki, Patryk

Nicholl, Kim M.

Nlcholl, Kim M.

Strom, Matthew A,

Strom, Matthew A.

Tabemackl, Patryk

Strom, Matthew A.

Strom, Matthew A.

Strom, Matthew A.

Bridges, Geoffrey W.

1.70

3.20

2.20

0.90

4.20

1.20

1.80

3.80

2.30

1.90 855.00

Fee summary:

Value

9,990.00

1,260.00

1,332.00

7,344.00

20,299.00

11,166.00

51,393.00

Hours

22.20

Name

Bridges, Geoffrey W.

Janus, Paul J

Libauskas, Jacob

Nicholl, Kim M.

Strom, Matthew A.

Tabemackl, Patryk

TOTAL HOURS/VALUE

Rate

450.00

420.00

370.00

3.00

3.60

600.00 10.80

530.00

320.00

38.30

34.90

112.80

Total; $51,393.00

BOW I3-I97J125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 26 of 46
'Xr Segal Consulting

101 North Wackor Dr.

Suite S00

Chicago, IL 60800

Phono: (312)084-0500

Fax: (312)896-9364

January 10, 2018

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in December 2017:

Re: Matter 002 Research

Date Staff Member

12/5/2017 Wohl, Stuart

12/8/2017 Bridges, Geoffrey W.

Hours Value

Medicaid plan research 590.00

Researched question from FTI concerning average

pension payment amounts in the United States.

Researched question from FTI concerning Additional

Uniform Contribution payments and actual contributions.

Researched question from FTI concerning Additional

Uniform Contribution payments and actual contributions.

Review

Jenner, FTI, Benazar, Luis, Segal (Wohl, Kompare)

discussion on

Jenner, FTI, Benazar, Luis, Segal (Wohl, Kompare)

discussion on taMaanMaM

Review most recent version ofmaim

Content development/revlew related t

1.00

0.80 360.00

12/10/2017 Bridges, Geoffrey W,

2.50 1,125.00

12/10/2017 Nicholl, Kim M.

12/11/2017 Wohl, Stuart

12/11/2017 Wohl, Stuart

2.60 1,768.00

0.60 354.00

0.80 472.00

12/11/2017 Kompare, Pamela M.

12/11/2017 Kompare, Pamela M.

12/11/2017 Kompare, Pamela M.

12/12/2017 Kompare, Pamela M,

12/13/2017 Tabernackl, Patryk

12/14/2017 Wohl, Stuart

12/18/2017 Tabernackl, Patryk

12/18/2017 Kovach, Patricia L.

12/18/2017 Kompare, Pamela M.

12/18/2017 Kompare, Pamela M.

0.80 352.00

0,70 308.00

3.00 1,320.00

Content development/review related toeeak

0.70 308.00

576.00

472.00

384,00

Review ofjudges valuation report

Review Platlno plan Information

Review of teachers valuation report

Looking at files in data room, uploading all relevant

documents

Content development/review related to

1.80

0.80

1.20

1.80 450.00

1.00 440.00

Call with Jenner, Benzar, Luis and Segal (Kompare) on

reviewing

Review of employees' valuation report

Review of employees' valuation report

Research into deductibles on Medicare Advantage Plans

880.00

448.00

288.00

2.00

12/19/2017 Tabernackl, Patryk

12/20/2017 Tabernackl, Patryk

12/22/2017 Kovach, Patricia L,

1,40

0.90

0.30 75.00

Fee summary:

Value

1,485.00

3,608.00

525.00

1,768.00

1,696.00

1,888.00

10,970.00

Hours

3,30

Name Rate

Bridges, Geoffrey W.

Kompare, Pamela M.

Kovach, Patricia L.

Nicholl, Kim M.

Tabernackl, Patryk

Wohl, Stuart

TOTAL HOURS/VALUE

450.00

440.00

250.00

680.00

320.00

8.20

2.10

2.60

5.30

590.00 3.20

24.70

$10,970.00 Total:

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 27 of 46
Segal Consulting

101 North Waoher Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-8500

Fax: (312) 896-9364

January 10,2018

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services In December 2017:

Re: Matter 003 Data Analysis

Date Staff Member

12/5/2017 Janus, Paul J

Hours Value

Review Medicaid aspects of health care

presentation

Reviewed statistical requests regarding

pensions and census from FTI Consulting.

Pulling together statistics on In pay participants

for FTI communication

Reviewing change to health presentation

Reviewing benefit designs for development of

actuarial values for health care programs

3.00 1,260.00

12/6/2017 Bridges, Geoffrey W.

12/7/2017 Bridges, Geoffrey W.

0.40 180.00

2,520.00

1,050.00

5.60

12/11/2017 Janus, Paul J

12/12/2017 Janus, Paul J

2.50

1.00 420.00

Fee summary:

Name Bala Hours Value

Bridges, Geoffrey W.

Janus, Paul J

TOTAL HOURS/VALUE

450.00

420.00

2,700.00

2,730.00

5,430.00

6.00

6.50

12.50

Total: $5,430.00

BIN// 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 28 of 46
'X' Segal Consulting

101 North Wacker Or.

Sulla 600

Chicago, IL 50606

Phone: (312) 9B4-8500

Fax: (312)808-0364

January 10, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14B12

For professional consulting services In December 2017:

Re: Matter 004 Professional Calls and Meetings

Date Staff Member

12/5/2017 Strom, Matthew A,

Hours Value

Non-working travel to/from mediation In NYC (billed at

50%)

Non-working travel to/from mediation In NYC (billed at

50%)

Non-working travel to/from mediation in NYC (billed at

50%)

2.60 1,378.00

12/6/2017 Nlcholl, Kim M.

2.80 1,904.00

12/6/2017 Nicholl, Kim M.

2.80 1,904.00

4,488.00

3,498.00

12/6/2017

12/6/2017

12/6/2017

Nicholl, Kim M.

Strom, Matthew A.

Strom, Matthew A.

0.60

6.60

Non-working travel to/from mediation in NYC (billed at

50%)

Discussion with Jenner and FTI concerning pension

benefit information to be shared with US representatives

Discussion with Jenner and FTI concerning pension

benefit Information to be shared with US representatives

Discussion with Jenner and FTI concerning pension

benefit information to be shared with US representatives

Professional call with FTI and Jenner to discuss progress

on benefit modeling and bankruptcy updates

Professional call with FTI and Jenner to discuss progress

on benefit modeling and bankruptcy updates

2.60 1,378.00

12/7/2017 Bridges, Geoffrey W.

1.30 585.00

12/7/2017 Nicholl, Kim M.

1.30 884.00

12/8/2017 Nicholl, Kim M.

1.00 680,00

12/18/2017 Nicholl, Kim M.

1.10 748.00

12/18/2017 Strom, Matthew A.

1.10 583.00

Fee summary:

Name HoursRate Value

Bridges, Geoffrey W.

Nicholl, Kim M.

Strom, Matthew A.

TOTAL HOURS/VALUE

450.00 1.30 585.00

10,608.00

6,837.00

18,030.00

15.60

12.90

29.80

680.00

530.00

Total: $18,030.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 29 of 46
'X' Segal Consulting

101 North Wacker Dr.

Suits 500

Chicago, 1L 00508

Phone: (312) 034-8500

Fax: (312)308-0364

January 10, 2018

Official Committee of Retirees In the

Commonwealth of Puerto Rica

do Jenner and Block LLP

Client Number: 14812

For professional consulting services In December 2017:

Re: Matter 005 Preparation of Reports

Date Staff Member

Kovach, Patricia L.

Hours Value

12/1/2017 Analysis of Government contributions towards health care

plans

Continue on health care presentation with focus on benefits

for retirees not eligible for Medicare.

Update health benefit payments

Update presentation for additional medicare plan

information.

Medicare plan updates based on review by Janus %

Update presenation based on Wohl-comments

Updating presentation with more recent Info, adding

sources, adding a chart for non-Medlcare retiree benefits.

Review of statistical benefit and census Information on FTI

communication

Adding sources, updating for more recent info, checking

facts In presentation.

Review of document FTI produced related to retirees

Finding Information of Medicare Platlno and Medicaid

spending, adding Information and sources to the

presentation.

Updating Healthcare In Puerto Rico presentation.

Adding traditional Medicare tables to the presentation,

adding part D drug benefits, re-arranging

tables/information, updating Medicare Platino information.

Preparing the presentation on Puerto Rico's health system

for further review.

Reviewing the presentation on health care in Puerto Rico,

making notes where more information is needed.

Updating presentation on Puerto Rico's health system.

3.00 750.00

12/2/2017 Kovach, Patricia L.

1.50 375.00

12/2/2017 125.00

12/4/2017

Kovach, Patricia L.

Kovach, Patricia L.

0.50

200.00

325.00

500.00

0.80

12/5/2017

12/6/2017

12/7/2017

Kovach, Patricia L,

Kovach, Patricia L.

Kovach, Patricia L.

1.30

2.00

1.00 450.00

12/8/2017 Nicholl, Kim M.

1,224.001.80

12/8/2017 Kovach, Patricia L.

500.00

1,632.00

2.00

12/10/2017

12/12/2017

Nicholl, Kim M.

Kovach, Patricia L,

2.40

1.80 450.00

12/13/2017 750.00

12/14/2017

Kovach, Patricia L.

Kovach, Patricia L.

3.00

775.003.10

12/18/2017 Kovach, Patricia L. 1,00 250,00

12/19/2017 Kovach, Patricia L.

75.00

375.00

0,30

12/20/2017 1.50

Fee summary:

Kovach, Patricia L.

Value

5,900,00

2,856.00

8,756.00

Hours

23.60

Name Bate

Kovach, Patricia L. 250.00

Nicholl, Kim M,

TOTAL HOURS/VALUE

680.00 4.20

27.80

Total: $8,766.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 30 of 46
'X'Segal Consulting

101 North Wacker Dr.

Suits S00

Chicago, IL 60006

Phone: (312) 984-3600

Fax: (312)696-0304

January 10,2018

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services In December 2017:

Re: Matter 006 Retiree Committee Meetings

Hours Value

2,040.00

1,590.00

1,770,00

Date Staff Member

12/14/2017 Nicholl, Kim M.

12/14/2017 Strom, Matthew A.

12/14/2017 Wohl, Stuart

Retiree committee conference call

Retiree committee conference call

Retiree committee conference call

3.00

3.00

3.00

Fee summary:

Hours Value

3.00

Name

Nicholl, Kim M.

Strom, Matthew A,

Wohl, Stuart

TOTAL HOURS/VALUE

2,040.00

1,590.00

1,770,00

5400.00

600.00

530.00

590,00

3.00

3.00

9.00

Total: $5,400.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 31 of 46
"7^ Segal Consulting

101 North Wacker Dr.

Suite soo

Chicago, IL 60608

Phone:(312)264-8500

Fax: (312)896-9364

January 10, 2018

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jennerand Block LLP

Client Number: 14812

For professional consulting services In December 2017:

Re: Matter 018 Case Management

Date Staff Member

12/5/2017 Wohi, Stuart

12/6/2017 Bridges, GeoffreyW.

12/7/2017 Bridges, GeoffreyW,

12/7/2017 Nlcholl, Kim M.

12/7/2017 Strom, Matthew A.

12/7/2017 Nlcholl, Kim M.

12/9/2017 Nlcholl, Kim M.

12/14/2017 Bridges, GeoffreyW,

12/15/2017 Bridges, GeoffreyW.

Hours Value

Fee examiner document

Worked on quarterly invoice for fee examiner

Worked on quarterly Invoice for fee examiner

Fee examiner document

Fee examiner document

Review of emails regarding bankruptcy

Review of emails regarding bankruptcy

Worked on January 2018 budget for fee examiner.

Worked on January 2018 budget for fee examiner.

2.50 1,475,00

3,375.00

765.00

2,788.00

2,173.00

476.00

748.00

1,035.00

360.00

7.50

1.70

4,10

4.10

0.70

1.10

2.30

0.80

Fee summary:

Name Value

Bridges, Geoffrey W.

Nlcholl, Kim M.

Strom, Matthew A,

Wohl, Stuart

TOTAL HOURS/VALUE

Hours

12.30

Rate

450.00

680.00

530.00

590.00

5,535.00

4.012.00

2,173.00

1,475.00

13195.00

5.90

4.10

2.50

24.80

Total: $13,195.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 32 of 46
•X* Segal Consulting

101 North Wacker Dr.

Sulla S00

Chicago, IL 60606

Phone: (312) 084-8600

Fax: (312)806-0384

January 10, 2018

Official Committee of Retirees In the

Commonwealth ofPuerto Rico

c/o Jenner end Block LLP

Client Number: 14812

SUMMARY OF PROFESSIONAL SERVICES

Value

20,295.00

3,090.00

3,608.00

6,425.00

1,332.00

28,628.00

30,899.00

12,864.00

5,133,00

Name Rate Hours

Bridges, Geoffrey W.

Janus, Paul J

Kompare, Pamela M.

Kovach, Patricia L.

Llbauskas, Jacob

Nicholl, Kim M,

Strom, Matthew A.

Tabernacki, Patryk

Wohl, Stuart

TOTAL HOURS/VALUE

450.00 45.10

420.00

440,00

250,00

370.00

680.00

530.00

320.00

590.00

9.50

8.20

25.70

3.60

42.10

58.30

40.20

8.70

241.40 113,174.00

$113,174.00 Total:

EINH 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 33 of 46
Segal Consulting

101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-8500

Fax: (312) 896-9364

February 15, 2018

INVOICE# 326295

Client Number: 14812

OFFICIAL COMMITTEE OF RETIREES IN THE

COMMONWEALTH OF PURETO RICO 

C/O JENNER & BLOCK LLP

FOR PROFESSIONAL SERVICES RENDERED 

DURING JANUARY 2018:

DISBURSEMENTS

TOTAL INVOICE

$185,284.00 

$ 1,067,48

$186,351.48

Benefits, Compensation and HR Consulting. Member of The Segal Group. Offices throughout the United States and Canada

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 34 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone:(312) 984-8500 

Fax: (312) 896-8364

February 15, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

^ Segal Consulting

For professional consulting services in January 2018:

Re: Matter 001 Actuarial Analysis

Date

1/2/2018

Staff Member

Strom, Matthew A.

1/2/2018

1/2/2018

Nicholl, Kim M.

Libauskas, Jacob

1/3/2018 Bridges, Geoffrey W.

1/3/2018 Strom, Matthew A.

1/4/2018

1/5/2018

Strom, Matthew A.

Strom, Matthew A.

1/5/2018

1/5/2018

Strom, Matthew A.

Nicholl, Kim M.

1/5/2018 Libauskas, Jacob

1/8/2018 Bridges, Geoffrey W.

1/8/2018 Libauskas, Jacob

1/8/2018

1/8/2018

Strom, Matthew A. 

Nicholl, Kim M.

1/8/2018 Nicholl, Kim M.

1/9/2018

1/9/2018

1/9/2018

1/10/2018

Strom, Matthew A.

Nicholl, Kim M.

Nicholl, Kim M.

Libauskas, Jacob

1/10/2018 Strom, Matthew A.

1/10/2018

1/10/2018

Nicholl, Kim M.

Noonan, Mark J.

1/11/2018

1/11/2016

Bridges, Geoffrey W.

Libauskas, Jacob

Worked on updates to(

Distribution of retiree lives based on plan, age, and status

Reviewing expected annual mortality rate of retiree

population.

Matching census data files)

Reviewing (

Reviewing

Analysis of the estimate of member contributions made to

the ERS hybrid plan

the

Work on (

Begin review of calculation of actuarial value calculation

models for the various Medicare Advantage plans (Gold

Ruby)

Worked on cash flow projections

Updating and refining)

Hours

7.30

Value

4,015.00

1.10

1.40

748.00

532.00

3.50 1,610.00

1.50 825.00

0.80

4.70

440.00

2,585.00

2.20

2.80

1,210.00

1,904.00

3.50 1,330.00

1.80 828.00

1.80 684.00

3.80

0.90

2,090.00

612.00

1.80 1,224.00

4.90

3.60

2.40

7.70

2.695.00

2.448.00

1.632.00

2.926.00

7.70 4,235.00

3.80

0.50

2,584.00

280.00

1.70

5.90

782.00

2,242.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 35 of 46
1/11/2018 Strom, Matthew A.

1/11/2018

1/11/2018

1/12/2018

1/12/2018

Strom, Matthew A.

Nicholl, Kim M.

Bridges, Geoffrey W.

Libauskas, Jacob

1/12/2018

1/12/2018

1/12/2018

Strom, Matthew A.

Nicholl, Kim M.

Fuhrer, Charles S.

1/16/2018 Libauskas, Jacob

1/16/2018

1/16/2016

1/16/2018

Strom, Matthew A. 

Nicholl, Kim M.

Wohl, Stuart

1/16/2018 Janus, Paul J

1/17/2018 Libauskas, Jacob

1/17/2018 Bridges, Geoffrey W.

1/18/2018 Libauskas, Jacob

1/18/2018

1/18/2018

Bridges, Geoffrey W.

Nicholl, Kim M.

1/18/2018

1/18/2018

1/19/2018

Janus, Paul J

Fuhrer, Charles S.

Libauskas, Jacob

1/19/2018

1/19/2018

Wohl, Stuart

Janus, Paul J

1/22/2018

1/22/2018

Bridges, Geoffrey W.

Nicholl, Kim M,

1/22/2018

1/22/2018

Strom, Matthew A.

Libauskas, Jacob

1/22/2018 Libauskas, Jacob

1/22/2018 Wohl, Stuart

1/23/2018

1/23/2018

1/23/2018

Nicholl, Kim M.

Strom, Matthew A. 

Libauskas, Jacob

1/23/2018 Libauskas, Jacob

1/23/2018 Libauskas, Jacob

1/23/2018 Libauskas, Jacob

1/23/2018 Wohl, Stuart

1/23/2018 Janus, Paul J

Updates and improvements to(

Review old projection spreadsheet provided by Hector

Work on

Worked on cash flow projections for Puerto Rico ERS.

Updating and refining (

Review old projection spreadsheet provided by Hector

Provide advice for the calculation of actuarial values of

Medicare Advantage plans

Working on the(

Review actuarial valuation reports <

Reviewing benefit plan designs for Actuarial value

calculations

Worked on determining Act 70 liability for Highway

Transportation Authority ("HTA").

Follow up on issues raised in 1/17 meeting.

Continue workingon actuarial value calculations

Reviewed Actuarial value calculations

Distribution of amounts paid towards health benefits

Looked at projecting retiree population for two years.

Actuarial analysis for the development of member

contributions to the hybrid plan

Revising programming to reflect hybrid plan freeze as of

June 30, 2017 and determining benefit payment projection

for retirements through June 30, 2017.

Analysis of how to obtain the information to determine what

portion of the hybrid account balances are from member

contributions and from interest credits.

Review actuarial value calculations for Medicare Advantage

plans offered to Government retirees.

Estimating the retiree and beneficiary population as of June

30, 2017 based on the June 30, 2015 census data.

Analysis of how to obtain the information to determine what

portion of the hybrid account balances are from member

contributions and from interest credits.

Finalizing clean up of modeling spreadsheet from January

17 meeting and sending spreadsheet to other professionals.

Revising programming to reflect hybrid plan freeze as of

June 30, 2017 and determining benefit payment projection

for retirements through June 30, 2017.

Actuarial value analysis of prescription drug plans offered to

retirees.

Working on updating the Actuarial Values CMCM modeler

for 2018

3.30 1,815.00

0.80 440.00

4.30 2,924.00

1.50 690.00

3.50 1,330.00

2.70 1,485.00

2.20 1,496.00

0.20 108.00

11.20 4,256.00

1.10 605.00

2.50 1,700.00

0.90 549.00

1.00 430.00

3.30 1,254.00

1.90 874.00

2.20 836.00

2.80 1,288.00

2.20 1,496.00

1.50 645.00

1.50 810.00

3.50 1,330.00

0.80 488.00

2.50 1,075.00

2.60 1,196.00

1.30 884.00

1.20 660.00

3.80 1,444.00

0.80 304.00

2.20 1,342.00

1.60 1,088.00

3.60 1,980.00

2.20 836.00

0.90 342.00

1.90 722.00

4.20 1,596.00

1.70 1,037.00

3.50 1,505.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 36 of 46
1/24/2018

1/24/2018

1/24/2018

Nicholl, Kim M.

Strom, Matthew A.

Libauskas, Jacob

1/24/2018 Libauskas, Jacob

1/24/2018 Libauskas, Jacob

1/24/2018 Janus, Paul J

1/24/2018 Wohl, Stuart

1/24/2018

1/25/2018

1/25/2018

Fuhrer, Charles S.

Bridges, Geoffrey W.

Nicholl, Kim M.

1/25/2018

1/25/2018

Strom, Matthew A.

Libauskas, Jacob

1/25/2018 Libauskas, Jacob

1/25/2018 Libauskas, Jacob

1/26/2018 Tabernacki, Patryk

1/26/2018 Libauskas, Jacob

1/26/2018 Libauskas, Jacob

1/29/2018

1/29/2018

Bridges, Geoffrey W.

Libauskas, Jacob

1/29/2018 Libauskas, Jacob

1/30/2018 Libauskas, Jacob

1/31/2018

1/31/2018

Tabernacki, Patryk

Libauskas, Jacob

Fee summary:

Estimating the retiree and beneficiary population as of June

30, 2017 based on the June 30, 2015 census data.

Analysis of how to obtain the information to determine what

portion of the hybrid account balances are from member

contributions and from interest credits.

Determining the projected benefit payments for HTA

members, including Law 70-4B members.

Working on updating the Actuarial Values CMCM modeler

for 2018 including dental values

Analysis of actuarial values of Medicare Advantage plans

and how they compare to standard Medicare.

Review next set of Actuarial value calculations.

Adjustments to TRS cash flow projection.

Review of projected benefit payments for Highway

Transportation Authority

Review TRS cash flow projection

Determining the projected benefit payments for HTA

members, including Law 70-4B members.

Estimating the retiree and beneficiary population as of June

30, 2017 based on the June 30, 2015 census data.

Revising programming to reflect hybrid plan freeze as of

June 30, 2017 and determining benefit payment projection

for retirements through June 30, 2017.

Determining the projected benefit payments for HTA

members, including Law 70-4B members.

Determining the projected benefit payments for HTA

members, including Law 70-4B members.

Estimating the retiree and beneficiary population as of June

30, 2017 based on the June 30, 2015 census data.

Reviewed at pension cash flows in most recent fiscal plan.

Calculating the projected benefit payments for ERS split by

law groups

Reviewing new fiscal plan spreadsheet to determine whether

the fiscal plan includes pension cuts.

Reviewing TRS projected benefit payments and updating

projected benefit payments for retirements through June 30,

2017.

2.40

3.90

3.80

0.80

3.40

2.00

1.50

0.40

2.80

1.30

2.10

1.50

2.60

2.50

2.80

2.20

5.40

0.80

2.20

1.60

5.40

7.30

3.30

1.632.00

2.145.00

1.444.00

304.00

1.292.00

860.00

915.00

216.00

1.288.00

884.00

1.155.00

570.00

988.00

950.00

924.00

836.00

2.052.00

368.00

836.00

608.00

2.052.00

2.409.00

1.254.00

Name Rate Hours Value

Bridges, Geoffrey W. 460.00 19.40 8,924.00

Fuhrer, Charles S. 540.00 2.10 1,134.00

Janus, Paul J 430.00 10.50 4,515.00

Libauskas, Jacob 380.00 92.50 35,150.00

Nicholl, Kim M. 680.00 34.20 23,256.00

Noonan, Mark J. 560.00 0.50 280.00

Strom, Matthew A. 550.00 51.60 28,380.00

Tabernacki, Patryk 330.00 10.10 3,333.00

Wohl, Stuart 610.00 7.10 4,331.00

TOTAL HOURS/VALUE 228.00 109,303.00

$109,303.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 37 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606 

Phone: (312) 984-8500 

Fax: (312) 896-9364

February 15, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

do Jenner and Block LLP

Client Number: 14812

For professional consulting services in January 2018:

Re: Matter 002 Research

Segal Consulting

Date Staff Member Hours Value

1/3/2018 Nicholl, Kim M. Review of document that tracks pension payment

differences between the March and August fiscal plans

2.40 1,632.00

1/5/2018 Wohl, Stuart Research on applicability of deductibles for Medicare

Advantage plan offered by Government.

0.60 366.00

1/8/2018 Kovach, Patricia L. Reviewing/saving documents from the data room. 1.30 338.00

1/17/2018 Kovach, Patricia L Viewing new documents in data room, saving relevant

documents to L drive.

0.30 78.00

1/19/2018 Kovach, Patricia L Looking through new items in data room, saving relevant 0.50 130.00

1/25/2018 Nicholl, Kim M. Review of revised fiscal plan 3.60 2,448.00

1/25/2018 Strom, Matthew A. Review revised fiscal plan document 2.80 1,540.00

1/25/2018 Libauskas, Jacob Review revised fiscal plan document 2.40 912.00

Fee summary:

Name Rate Hours Value

Kovach, Patricia L. 260.00 2.10 546.00

Libauskas, Jacob 380.00 2.40 912.00

Nicholl, Kim M. 680.00 6.00 4,080.00

Strom, Matthew A. 550.00 2.80 1,540.00

Total:

Wohl, Stuart

TOTAL HOURSAZALUE

610.00 0.60

13.90

366.00

7,444.00

$7,444.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 38 of 46
101 North Wacker Dr,

Suite 500

Chicago, IL 60606 

Phone: (312) 984-8500 

Fax: (312) 896-9364

February 15, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

"X* Segal Consulting

For professional consulting services in January 2018:

Re: Matter 003 Data Analysis

Date Staff Member Hours Value

1/2/2018 Tabernacki, Patryk Data Preparation for Health Analysis 1.60 528.00

1/2/2018 Bridges, Geoffrey W. Reviewed age distributions prepared for health

practice. Requested corrections.

1.20 552.00

1/3/2018 Tabernacki, Patryk Data Preparation for Health Analysis 0.80 264.00

1/3/2018 Bridges, Geoffrey W. Reviewed and revised age distributions to assist

Stuart Wohl in his retiree health work.

2.20 1,012.00

1/4/2018 Bridges, Geoffrey W. Worked on matching pension data with retiree

health data to more accurately project retiree

health benefits.

3.50 1,610.00

1/4/2018 Nicholl, Kim M. Match of health care data to pension data 1.10 748.00

1/4/2018 Wohl, Stuart Work with health data and pension data to

determine if there is an approach to combine

both data sets and identify potential issues.

2.70 1,647.00

1/5/2018 Tabernacki, Patryk Data Preparation for Health Analysis 0.90 297.00

1/5/2018 Bridges, Geoffrey W. Worked on matching pension data to retiree

health data to improve our projections for the

retiree health benefits.

3.90 1,794.00

1/8/2018 Bridges, Geoffrey W. Worked on questions relating to member

contributions.

5.80 2,668.00

1/9/2018 Bridges, Geoffrey W. Provided data on participant benefits to Stuart

for use in retiree health calculations.

2.60 1,196.00

1/9/2018 Tabernacki, Patryk Review of data requested for Health 0.90 297.00

1/9/2018 Nicholl, Kim M. Review of data analysis for health care work 0.60 408.00

1/16/2018 Bridges, Geoffrey W. Looking at data for Highway Transportation

Authority subgroup of ERS.

2.20 1,012.00

1/16/2018 Bridges, Geoffrey W, Investigated contributions to notional cash

balance accounts in ERS.

2.90 1,334.00

1/18/2018 Libauskas, Jacob Reviewing census data in attempt to identify

Highway Transportation Authority members.

1.20 456.00

1/18/2018 Bridges, Geoffrey W. Looked at data for Puerto Rico Highway

Transportation Authority group.

0.80 368.00

1/19/2018 Libauskas, Jacob Reviewing census data in attempt to identify

Highway Transportation Authority members.

3.40 1,292.00

1/19/2018 Wohl, Stuart Distribution of amounts paid towards health

benefits

0.80 488.00

1/22/2018 Bridges, Geoffrey W. Looked at historical information on notional

account balance contributions. Prepared email

1.50 690.00

with data request.

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 39 of 46
1/23/2018 Libauskas, Jacob Receiving and reviewing the updated census

data from Milliman with agency codes to identify

HTA members

1.90 722.00

1/24/2018 Tabernacki, Patryk Highway Transportation Authority Agency data

analysis

1.60 528.00

1/24/2018 Libauskas, Jacob Receiving and reviewing the updated census

data from Milliman with agency codes to identify

Highway Transportation Authority members

0.90 342.00

Fee summary:

Total:

Name Rate Hours Value

Bridges, Geoffrey W. 460.00 26.60 12,236.00

Libauskas, Jacob 380.00 7.40 2,812.00

Nicholl, Kim M. 680.00 1.70 1,156.00

Tabernacki, Patryk 330.00 5.80 1,914.00

Wohl, Stuart 610.00 3.50 2,135.00

TOTAL HOURSA/ALUE 45.00 20,253.00

$20,253.00

EIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 40 of 46
Segal Consulting

101 North Wacker Dr.

Suite 500

Chicago, IL 60606 

Phone: (312) 964-8500

Fax: (312) 696-9364

February 15, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in January 2018:

Re: Matter 004 Professional Calls and Meetings

Date

1/8/2018

Staff Member

Strom, Matthew A.

1/8/2018

1/8/2018

1/8/2018

Strom, Matthew A.

Nicholl, Kim M.

Strom, Matthew A.

1/8/2018 Libauskas, Jacob

1/8/2018 Tabernacki, Patryk

1/8/2018 Bridges, Geoffrey W.

1/8/2018 Nicholl, Kim M.

1/8/2018 Nicholl, Kim M.

1/8/2018

1/8/2018

Wohl, Stuart

Wohl, Stuart

1/8/2018

1/11/2018

Wohl, Stuart

Strom, Matthew A.

1/11/2018 Nicholl, Kim M.

1/16/2018

1/16/2018

1/16/2018

1/16/2018

1/16/2018

1/16/2018

Strom, Matthew A.

Nicholl, Kim M.

Strom, Matthew A.

Libauskas, Jacob

Tabernacki, Patryk

Wohl, Stuart

Call with Hector, Francisco, Matt and Kim to discuss

pension plan provisions.

Professionals conference call 

Professionals conference call

Call with Hector, Francisco, Matt and Kim to discuss

pension plan provisions.

Call with Liz Park regarding Mi Salud eligibility request

Call with Hector Mayol regarding Mi Salud eligibility

request

Professionals Call (Segal, Bennazar, Jenner)

Call with Hector, Francisco and Matt to discuss plan

provisions

Call with Hector, Francisco and Matt to discuss plan

provisions

Travel to and from Jenner offices - bill at halftime

Travel to and from Jenner offices - bill at halftime

Travel to and from Jenner offices - bill at halftime

Travel to and from Jenner offices - bill at half time

Travel to and from Jenner offices - bill at halftime

Non-working travel time (billed at half time)

Hours Value

0.90 495.00

1.00 550.00

1.00 680.00

0.60 330.00

0.60 228.00

0.60 198.00

0.60 276.00

0.60 408.00

0.90 612.00

0.20 122.00

0.20 122.00

0.50 305.00

0.50 275.00

0.50 340.00

0.60 330.00

0.60 408.00

0.60 330.00

0.60 228.00

0.60 198.00

2.20 1,342.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 41 of 46
1/17/2018 Tabernacki, Patryk

1/17/2018 Bridges, Geoffrey W.

1/17/2018 Libauskas, Jacob

1/17/2018 Nicholl, Kim M.

1/17/2018 Strom, Matthew A.

1/17/2018 Strom, Matthew A.

1/17/2018 Libauskas, Jacob

1/17/2018 Bridges, Geoffrey W,

1/17/2018 Nicholl, Kim M.

1/17/2018 Tabernacki, Patryk

1/17/2018 Wohl, Stuart

Meetingi

Meeting with team to discuss topics at Jenner meeting

Meeting with team to discuss topics at Jenner meeting

Meeting with team to discuss topics at Jenner meeting

Meeting with team to discuss topics at Jenner meeting

Meeting with team to discuss topics at Jenner meeting

4.50

4.50

4.50

4.50

4.50

1.00

1.00

1.00

1.00

1.00

4.50

1/17/2018 Wohl, Stuart Non-working travel time (billed at half time) 0.70

1/17/2018 Wohl, Stuart Meeting with team to discuss topics at Jenner meeting 1.00

1/26/2018 Nicholl, Kim M. Call with Jenner, FTI, and Hector/Francisco to discuss the

New Fiscal Plan

0.70

1/26/2018 Libauskas, Jacob Call with Jenner, FTI, and Hector/Francisco to discuss the

New Fiscal Plan

0.70

1/26/2018 Tabernacki, Patryk Call with Jenner, FTI, and Hector/Francisco to discuss the

New Fiscal Plan

0.70

1/26/2018 Strom, Matthew A. Call with Jenner, FTI, and Hector/Francisco to discuss the

New Fiscal Plan

0.70

1/26/2018 Bridges, Geoffrey W. Call with Jenner, FTI, and Hector/Francisco to discuss the

New Fiscal Plan

0.70

1/26/2018 Wohl, Stuart Call with Jenner, FTI, and Hector/Francisco to discuss the

New Fiscal Plan

0.70

Fee summary:

Name Rate Hours

Bridges, Geoffrey W. 460.00 6.80

Libauskas, Jacob 380.00 7.40

Nicholl, Kim M. 680.00 9.80

Strom, Matthew A. 550.00 10.40

Tabernacki, Patryk 330.00 7.40

Wohl, Stuart 610.00 10.00

TOTAL HOURSA/ALUE 51.80

1,485.00

2,070.00

1,710.00

3,060.00

2,475.00

550.00

380.00

460.00

680.00

330.00

2,745.00

427.00

610.00

476.00

266.00

231.00

385.00

322.00

427.00

Value

3.128.00

2.812.00

6.664.00

5.720.00

2.442.00

6.100.00

26,866.00

Total: $26,866.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 42 of 46
y’r Segal Consulting

101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 964-8500 

Fax: (312)896-9364

February 15, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in January 2018:

Re: Matter 005 Preparation of Reports

Date Staff Member Hours Value

1/4/2018 Kovach, Patricia L. Editing the presentation to include all sources. 1.00 260.00

1/22/2018 Kovach, Patricia L. Sorting contribution data to show the ages of participants. 0.80 208.00

1/23/2018 Kovach, Patricia L 2.90 754.00

Fee summary:

Name Rate Hours Value

Kovach, Patricia L. 260.00 4.70 1,222.00

TOTAL HOURSAZALUE 4.70 1,222.00

Total: $1,222.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 43 of 46
101 North Wacker Dr.

Suite 500

Chicago, IL 60606

Phone: (312) 984-8500 

Fax: (312)896-9364

February 15, 2018

'7^' Segal Consulting

Official Committee of Retirees In the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in January 2018:

Re: Matter 006 Retiree Committee Meetings

Date Staff Member Hours Value

1/19/2018 Nicholl, Kim M. Participation in retiree committee conference call

meeting

4.20 2,856.00

1/19/2018 Wohl, Stuart Retiree Committee Meeting (partial attendance) 3.30 2,013.00

Fee summary:

Name Rate Hours Value

Nicholl, Kim M. 680.00 4.20 2,856.00

Total:

Wohl, Stuart

TOTAL HOURSAZALUE

610.00 3.30

7.50

2.013.00

4869.00

$4,869.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 44 of 46
't’t Segal Consulting

101 North Wacker Dr,

Suite 500 

Chicago, IL 60606

Phone: (312) 984-8500

Fax: (312)896-9364

February 15, 2018

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

For professional consulting services in January 2018:

Re: Matter 018 Case Management

Date Staff Member Hours Value

1/4/2018 Bridges, Geoffrey W, Preparing fee information detail in requested format for

fee examiner.

1.80 828.00

1/4/2018 Nicholl, Kim M. Work on Ledes data for fee examiner 2.20 1,496.00

1/5/2018 Bridges, Geoffrey W. Prepared additional information for fee application. 1.50 690.00

1/5/2018 Nicholl, Kim M. Review of files added to the data room 1.20 816.00

1/5/2018 Nicholl, Kim M. Preparation of Ledes file for fee examiner 1.10 748.00

1/8/2018 Bridges, Geoffrey W. Worked on required documentation for fee application. 0.50 230.00

1/8/2018 Nicholl, Kim M. Review of documents added to the data room 1.20 816.00

1/9/2018 Bridges, Geoffrey W. Added information on expenses to spreadsheet with

additional information for fee application.

0.80 368.00

1/9/2018 Nicholl, Kim M. Work on Ledes data for fee examiner 1.90 1,292.00

1/10/2018 Bridges, Geoffrey W. Work on data required by fee examiner 0.50 230.00

1/10/2018 Nicholl, Kim M. Work on data required by fee examiner 1.20 816.00

1/11/2018 Bridges, Geoffrey W. Prepared exhibits and supplemental information for fee

application.

4.00 1,840.00

1/17/2018 Tabernacki, Patryk Email with all notes from Puerto Rico meeting 1.00 330.00

1/22/2018 Nicholl, Kim M. Review and respond to emails related to the fiscal plan

and data needs

1.80 1,224.00

1/22/2018 Wohl, Stuart Review Gluzman, Guzman and Stiglitz "An Analysis of

Puerto Rico's debt relieft needs to restore debt

sustainability."

1.90 1,159.00

1/25/2018 Wohl, Stuart Review new fiscal plan 2.00 1,220.00

1/26/2018 Nicholl, Kim M. Review and respond to emails related to the fiscal plan

and data needs

0.60 408.00

1/30/2018 Nicholl, Kim M. Review of emails. 1.20 816.00

Fee summary:

Name Rate Hours Value

Bridges, Geoffrey W. 460.00 9.10 4,186.00

Nicholl, Kim M. 680.00 12.40 8,432.00

Tabernacki, Patryk 330.00 1.00 330.00

Total:

Wohl, Stuart

TOTAL HOURS/VALUE

610.00 3.90

26.40

2.379.00

15327.00

$15,327.00

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 45 of 46
101 North Wacker Dr.

Suite 500 

Chicago, IL 60606

Phone:(312)984-8500

Fax: (312)896-9364

February 15, 2018

'X'Segal Consulting

Official Committee of Retirees in the

Commonwealth of Puerto Rico

c/o Jenner and Block LLP

Client Number: 14812

\

SUMMARY OF PROFESSIONAL SERVICES

Name Rate Hours Value

Bridges, Geoffrey W. 460.00 61.90 28,474.00

Fuhrer, Charles S. 540.00 2.10 1,134.00

Janus, Paul J 430.00 10.50 4,515.00

Kovach, Patricia L 260,00 6.80 1,768.00

Libauskas, Jacob 380.00 109.70 41,686.00

Nicholl, Kim M. 680.00 68.30 46,444.00

Noonan, Mark J. 560.00 0.50 280.00

Strom, Matthew A. 550.00 64.80 35,640.00

Tabernacki, Patryk 330.00 24.30 8,019.00

Wohl, Stuart 610.00 28.40 17,324.00

TOTAL HOURSAZALUE 377.30 185,284.00

Total: $185,284.00

BIN# 13-1975125

Case:17-03283-LTS Doc#:2742-8 Filed:03/19/18 Entered:03/19/18 19:07:09 Desc:

Exhibit H Page 46 of 46