06-14-1999i
Agenda/Pension
6-14-99
o
ACTION AGENDA
Board of Trustees of the Employees' Pension Fund
June 14, 1999
1. Call to Order - 1:11 p.rn.
2. Approval of Minutes: 6/1/99 - Approved as submitted.
3. Request for acceptance into membership: Johnnie Allen, Robert Scott, Arny Mobley,
Michael Tennell, Amy Ruscher, Larry Labus, Gary L. Jones, Robert Defrez, Nicole
Elmore, Scott Smith, Tracy Jaeger, Christine Burg, Cherise Sarnoff, & Donald Fleming
- Approved.
4. Regular Pensions to be granted: Rosavelt Parker, James R. Davis, & Jean Strandlie -
Approved.
5. Other Business - None.
6. Adjourn - 1:13 p.m.
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Meeting Date:
(p•ly-
Approved by Trustees
TO:
FROM:
SUBJECT:
DATE:
Pension Trustees
CITY OF CLEARWATER
EMPLOYEES' PENSION PLAN
PENSION ADVISORY COMMITTEE
Pension Advisory Committee
Recommendation for Acceptance into Pension Plan
May 13, 1999
As Trustees of the City of Clearwater Employees' Pension Fund, you are hereby notified that the
employee(s) listed below have been duly examined by a local physician and each has been designated
as a "first class risk". The employment of these individuals brings the number of FTE's as of this
date to 1647.4 out of 1750.0 budgeted positions (including the City Commission).
These employees are eligible for pension membership as noted in the Pension Eligibility Date column
below, and it is the recommendation of the Pension Advisory Committee that they be accepted into
membership.
Pension Elig.
Name,Job. Class, & Dept./Div. Hire Date Date
Johnnie Allen, Maint. Worker I/Solid Waste 3/27/99 3/27/99
Robert Scott, Building Con. Inspector II/Planning & Dev. Ser. 4/1/99 4/1 /99
Amy Mobley, Police Com. Oper. Trainee/Police 3/29/99 3/29/99
Michael Tennell, Police Com. Oper. Trainee/Police 3/29/99 3/29/99
Amy Ruscher, Staff Assistant I/Planning & Dev. Services 4/12/99 4/12/99
Larry Labus, Recreation Programmer/Parks & Recreation 4/10/99 4/10/99
Gary L. Jones, Senior Planner/Planning & Dev. Services 4/21/99 4/21/99
Robert Deftez, Groundskeeper/Parks & Recreation 4/26/99 4/26/99
Nicole Elmore, Admin. Analyst/Tourism 4/26/99 4/26/99
Scott Smith, Meter Reader I, Customer Service 4/19/99 4/19/99
Tracy Jaeger, Police Information Tech./Police 4/12/99 4/12/99
Christine Burg, Police Information Tech./Police 4/12/99 4/12/99
Cherise Sarnoff, Maintenance Worker I/Parks & Recreation 4/12/99 4/12/99
Donald Flemming, Library Assistant/Library 12/22/97 4/12/99
*hired part-time on 12/2/97; changed to full-time and eligible for pension as of 4/12/99
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Trustees of the
Employees' Pension Plan
Agenda Cover Memorandum 14
Agenda Item #
Meeting Date: 6/14/99
SUBJECT/RECOMMENDATION:
Rosavelt Parker, Solid Waste Department; James R. Davis, Customer Service Division/Gas Department, and
Jean Strandlie, Customer Service Division/Gas Department, be granted regular pensions under Section(s) 2.393 and
2.397 of the Employees' Pension Plan as approved by the Pension Advisory Committee.
19 and that the appropriate officials be authorized to execute same.
SUMMARY:
Rosavelt Parker, Solid Waste Equipment Operator, Solid Waste Department, was employed by the City on
September 24, 1973, and his pension service credit is effective on March 25, 1974. His pension will be effective
May 1, 1999.
Based on an average salary of approximately $34,976 per year over the past five years, the formula for computing
regular pensions, and Mr. Parker's selection of the joint & Survivor Annuity, this pension will approximate $24,142
annually.
James R. Davis, Account Collector, Customer Service Division/Gas Department, was employed by the City on
June 16, 1972, and his pension service credit is effective on December 16, 1972. His pension will be effective
July 1, 1999.
Based on an average salary of approximately $32,613 per year over the past five years, the formula for computing
regular pensions, and Mr. Davis' selection of the 100% Joint & Survivor Annuity, this pension will approximate
$22,933 annually.
Jean Strandlie, Accounting Technician, Customer Service Division/Gas Department, was employed by the City
on April 1, 1968, and her pension service credit is effective on October 1, 1968. Her pension will be effective
December 1, 1999.
Based on an average salary of approximately $31,184 per year over the past five years, the formula for computing
regular pensions, and Ms. Strandlie's selection of the 10-Year Certain & Life Annuity, this pension vvill approximate
$29,153 annually.
Reviewed by: Originating Department: Costs: Commission Action:
Legal NA HUMAN RESOURCES S ? Approved
Budget NA Total ? Approved w/Conditions
Purchasing NA User Department: ? Denied
Risk Mgmt. NA Current Fiscal Year ? Continued to:
Is NA Funding Source:
ACM ? Capital Improvement:
Other NA Advertised: ? Operating:
Date: ? Other: Attachments:
Pension
Paper:
Submitted by: ? Not Required Appropriation Code
Affected Parties: 646-07410-514100-585-000
? Notified ? None
City Manager ? Not Required
0 Printed oit recycled paper
Regular Pensions
Page 2
June 14, 1999
Section 2.393 (p) provides for normal retirement eligibility when a participant has reached age 55
and completed twenty years of credited service or has completed 30 years of credited service.
Mr. Parker and Mr. Davis qualify under the age 55 and 20 years of service criteria. Ms. Strandlie
qualifies under both criteria.