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09-13-1999Agenda/Pension 9-13 -99 0105 ACTION AGENDA Board of Trustees of the Employees' Pension Fund September 13, 1999 - 1:00 P.M. 1. Call to Order- 1:12 p.m. 2. Approval of Minutes: 8/16/99- Approved as submitted. 3. Request for acceptance into membership: Tony Simotes, Kathy LaBelle, Michael T. Conley, Jeffrey Lucas, Robert Ackerman, Stacy Attwill, David Buchholz, Christalyn Johnson, Kimberly Jones, Lucas Semple, Matt Carpenter, Daniel Campbell, Shawn Daniels, Rachel Batten, & Kelly Harnmer-Levy - Approved. 4. Regular Pension to be granted: Sara Ruby - Approved. 5. Pensions to be vested: Eugene M. Tobias, Jr. & James M. Lewin, Sr. - Approved. 6. Other Business - see minutes. 7. Adjourn - 1:16 p.m. +rU SA-e- 25 3 Meeting Date: 9 .1-3 • 11 TO: Pension Trustees Approved by Trustees CITY OF CLEARWATER EMPLOYEES' PENSION PLAN PENSION ADVISORY COMMITTEE FROM: Pension Advisory Committee SUBJECT: Recommendation for Acceptance into Pension Plan DATE: August 12, 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 1651.9 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 Tony Simotes, Gas Technician I/Gas 7/6/99 7/6/99 Kathy LaBelle, Customer Service Rep./Solid Waste 7/6/99 7/6/99 Michael T. Conley, Mechanic II/General Support Services 7/14/99 7/14/99 Jeffrey Lucas, Construction Inspector I/Public Works 7/19/99 7/19/99 Robert Ackerman, Bldg. Con. Inspector I/Planning & Dev. Ser. 7/19/99 7/19/99 Stacy Attwill, WWTP Operator Trainee/Public Works 7/19/99 7/19/99 David Buchholz, Sr. Marine Life Guard/Marine 7/17/99 7/17/99 Christalyn Johnson, Police Com. Oper. Trainee/Police 6/21/99 6/21/99 Kimberly Jones, Police Com. Operator/Police 6/21/99 6/21/99 Lucas Semple, Senior Marine Life Guard/Marine 7/17/99 7/17/99 Matt Carpenter, Meter Reader I/Customer Service 7/19/99 7/19/99 Daniel Campbell, Maintenance Worker I/Solid Waste 5;3/99 5/8/99 Shawn Daniels, Maintenance Worker I/Solid Waste 5/22/99 5/22/99 Rachel Batten, Staff Assistant I/Legal 5/10/99 5/10/99 Kelly Hammer-Levy, Utilities Chemist/Public Works 7/6/99 7/6/99 Pension Advi y Committee air M? Trustees of the Final Agenda Item # Employees' Pension Plan Meeting Date: 9/13/99 Agenda Cover Memorandum SUBJECT/RECOMMEN DATION: Sara Ruby, Human Relations Department, be granted a regular pension under Section(s) 2.393 and 2.397 of the Employees' Pension Plan as approved by the Pension Advisory Committee. l and that the appropriate officials be authorized to execute same. SUMMITRY: Sara Ruby, Human Relations Manager, Human Relations Department, was employed by the City on September 13, 1976, and her pension service credit is effective on that date. Her pension will be effective October 1, 1999. This pension was approved by the Pension Advisory Committee on August 12, 1999. Based on an average salary of approximately $56,751 per year over the past five years, the formula for computing regular pensions, and Ms. Ruby's selection of the joint & Survivor Annuity, this pension will approximate $35,960 annually. 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. Ms. Ruby qualifies under the age 55 and 20 years of service criteria. Reviewed by: Originating Dept: Costs Legal NA Info Tech NA Human Resources Total Budget NA Public Works NA User Dept. X X Funding Source: Purchasing NA DCWACM ?0 captial Improvement Current Fiscal Year Risk Mgmt NA Other NA Attachments Operating Y Other Appropriation Code: Submitted by: 0 None City Manager 0 Printed on recvcled vaner Rev. 2/98 r w0ac --(a)r Trustees of the 5 Agenda Item # Employees' Pension Plan Meeting Date: 9113199 Agenda Cover Memorandum SUBJECT/RECOMMENDATION: Eugene M. Tobias, Jr., Police Department, and James M. Lewin, Sr., Gas System, be allowed to vest their pensions under Section(s) 2.397 and. 2.398 of the Employees' Pension Plan as approved by the Pension Advisory Committee. 0 and that the appropriate officials be authorized to execute same. SUMMARY: Eugene M. Tobias, Jr., Police Officer, Police Department, was employed by the City on March 29, 1989, and his pension service credit is effective on that date. James M. Lewin, Sr., Gas Assistant Director/Supply & Regulation, was employed by the City on August 20, 1974, and his pension service credit is effective on February 10, 1975. The Employees' Pension Plan provides that should an employee cease to be an employee of the City of Clearwater after completing ten or more years of creditable service (pension participation), then such employee shall acquire a vested interest in the retirement benefits. Vested pension payments commence on the first of the month following the month in which the employee normally would have been eligible for retirement. Section 2.393 (p) provides for normal retirement eligibility when a participant has completed twenty years of credited service in a type of employment described as "hazardous duty" and further specifically defines service as a Police Officer as meeting the hazardous duty criteria. Section 2.393 (p) also 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. Tobias would have completed twenty years of hazardous duty service on March 29, 2009. His pension will be effective on April 1, 2009. Mr. Lewin would have completed thirty years of service on February 10, 2005. His pension will be effective March 1, 2005. These requests were approved by the Pension Advisory Committee on August 12, 1999. Reviewed by: Originating Dept: Costs Legal NA Info Tech NA Human Resources Total Budget NA Public Works NA User Dept. r Funding Source: Purchasing NA OCM/ACM /y Captial Improvement Current Fiscal Year Risk Mgmt NA Other NA Attachments Operating Other Appropriation Code: Submitted by: ? None City Manager Printed on recycled paper Rev. 2/98 .0,