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07/10/2008 PENSION ADVISORY COMMITTEE MEETING MINUTES CITY OF CLEARWATER July 10, 2008 Present: Nathan Hightower Chair John Schmalzbauer Committee Member Carlen Petersen Committee Member/Councilmember John Doran Committee Member/Councilmember Brian De Witt Committee Member Paul Gibson Committee Member/Councilmember Absent: Tom Jensen Vice-Chair Also Present: Joe Roseto Human Resources Director Brenda Moses Board Reporter The Chair called the meeting to order at 9:00 a.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 2. Approval of Minutes of June 12, 2008 Member Petersen moved to approve the minutes of the regular Pension Advisory Committee meeting of June 12, 2008, as submitted in written summation to each board member. The motion was duly seconded and carried unanimously. 3. Employees to be Heard – None. 4. Action Items a. Review and Action on Employee Requests for Regular Pensions: 1. Christina Keenan, Police 2. Ray Boler, Public Services Member Schmalzbauer moved to approve the requests for regular pensions for Christina Keenan and Ray Boler. The motion was duly seconded and carried unanimously. b. Review and Action on Employee Requests to Vest Pensions: 1. Gary Johnson, Solid Waste Gary Johnson, Solid Waste, has resigned his position after being employed with the City for more than ten years of credited service. He will qualify for his pension beginning October 1, 2011. Member De Witt moved to recommend approval of the request by Gary Johnson to vest his pension. The motion was duly seconded and carried unanimously. Pension Advisory 2008-07-10 1 c. Approval of New Hires as Plan Members: Member Petersen moved to accept the following employees into membership in the Pension Plan: Pension Name, Job. Class, & Dept./Div. Hire Date Elig. Date Richard Ottinger, Solid Waste Equipment Op./Solid Waste 6/9/08 6/9/08 David Marlowe, Fire Medic/Fire 6/9/08 6/9/08 Greg Keane, Fire Medic/Fire 6/9/08 6/9/08 Sarah Happs, Fire Medic/Fire 6/9/08 6/9/08 Tracy Becker, Police Cadet/Police 6/16/08 6/16/08 The motion was duly seconded and carried unanimously. 5. Pending/New Business a. Hearing on George Agovino’s Request for Disability Pension – Continued to 9/11/08 at Request of Mr. Agovino’s Attorney Human Resources Director Joe Roseto reported that Mr. Agovino has requested his case be continued to September 11, 2008. He said the City will contest the application. Member Petersen moved to continue the hearing regarding George Agovino’s request for a disability pension to September 11, 2008. The motion was duly seconded and carried unanimously. 6. Director’s Reports Mr. Roseto welcomed new PAC (Pension Advisory Committee) Member Brian De Witt. He encouraged members to attend the August 18, 2008 Pension Trustees meeting as discussion will take place regarding the pros and cons of a defined benefit pension plan as compared to a defined contribution pension plan. The pension attorney and pension actuary also will be present at the meeting. 7. Committee Members to be Heard Members welcomed new member Brian De Witt. Member Doran expressed best wishes to employees who recently retired. He wished Ray Boler good luck with his new job in Safety Harbor. Member Hightower apologized for his absence at previous meetings as he was out of town. He said he is honored to be Chair again. Pension Advisory 2008-07-10 2 The meeting adjourned at 9:07 a.m. ~~irJJTT -;)f 8. Adiournment Pension Advisory Committee Pension Advisory 2008-07-10 3