Loading...
12-04-2000Agenda/Pension 12-4-00 Daly ACTION AGENDA Board of Trustees of the Employees' Pension Fund Monday - December 4, 2000 1. Call to Order - 9:10 a.m. 2. Approval of Minutes: 11/13/00 - Approved as submitted. 3. Request for acceptance into membership: Hemlata lyengar, William Stringfellow, Chase L. Vaccaro, Sherry Watkins, Jason Jones, Diane Luniewski, Sandy Warner, Kerri Spaulding, Christine Biermann, Kevin Klein, Carol Buck, John Haggart, William Higginbotham III, Jeffrey Smith, Lenshawn Price, Paul Mack, Alex Monte, Todd Archer, Peter Georgantas, Patrick Conrey, Paul Capo, Christopher Hoyne, Michael Hendry, Brian Miller, John Gozzi, Gail Rina, & Brent Hazzard - Approved. 4. Regular Pension(s) to be granted: Helga Lanier, Gail-Patricia Greer, Richard D. Wilson, & Linda Konga - Approved. 5. Other Business - done. 6. Adjourn - 9:12 a.m. 3 Meeting Date: P-400 Approved by Trustees: CITY OF CLEARWATER EMPLOYEES' PENSION PLAN/ PENSION ADVISORY COMMITTEE TO: Pension Trustees FROM: Pension Advisory Committee SUBJECT: Recommendation for Acceptance into Pension Plan DATE: November 9, 2000 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 1678.1 of 1795.6 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, & Debt./Div. Hire Date Date Hernlata lyengar, System Analyst/Programmer II/Information Tecn. 10/2/00 1012/00 William Stringfellow, Police Aide/Police 1 1 /22/99 9/23/00 * Chase L. Vaccaro, Police Recruit/Police 10/9/00 10/9/00 Sherry Watkins, Development Review Tech. I/Planning & Dev. Ser. 10/9/00 10/9/00 Jason R. Jones, Police Recruit/Police 10/9/00 10/9/00 Diane Luniewski, Police Communications Operator Trainee/Police 3/1 /99 10/7/00 * Sandy Warner, Police Communications Operator/Police 10/9/00 10/9/00 Kerri Spaulding, Police Recruit/Police 10/9/00 10/9/00 Christine Biermann, Library Assistant/Library 10/9/00 10/9/00 Kevin Klein, Police Communications Operator Trainee/Police 10/9/00 10/9/00 Carol Buck, Library Assistant/Library 10/9/00 1019100 John Haggart, Police Recruit/Police 10/9/00 10/9/00 William Higginbotham 111, Police Recruit/Police 10/9/00 10/9100 Jeffrey M. Smith. Police Recruit/Police 10/9/00 10/9/00 Lenshawn Price, Police Recruit/Police 10/9/00 10/9/00 Paul Mack, Parks Service Technician I/Parks & Recreation 10/17/00 10/17/00 Alex Monte, Firefighter/Fire 10/16/00 10/16/00 Todd Archer, Firefighter/Fire 10/16/00 10/16/00 Peter Georgantas, Firefighter/Fire 10/16/00 10/16/00 Patrick Conrey, Firefighter/Fire 10/16/00 10/16/00 Paul Capo, Firefighter/Fire 10/16/00 10/16/00 Christopher Hoyne, Firefighter/Fire 10/16/00 10/16/00 Michael Hendry, Firefighter/Fire 10/16/00 10/16/00 Brian Miller, Field Service Representative/Customer Service 10/9/00 10/9/00 John Gozzi, Custodial Worker/Marine 10/23/00 10/23/00 Gail Rina, Staff Assistant I/Customer Service 10/23/00 10/23/00 Brent Hazzard, Parks Service Technician 1/Parks & Recreation 10/22/00 10/22/00 * originally hired part-time on 11/22/99; status changed to full-time and pension eligible as of 9/23/00 * * originally hired part-time on 3/1/99; status changed to full-time and pension eligible as of 9/23/00 w , lM? L] Trustees of the Agenda Item # Employees' Pension Plan 12/4/00 Meeting Date: Agenda Cover Memorandum SUBJECT/RECOMMENDATION: Helga Lanier, Accountant, Public Works Department; Gail-Patricia Greer, Administrative Support Manager; Public Works Department; Richard Wilson, Police Lieutenant, Police Department; and Linda Konga, Police Officer, Police Department; be granted regular pensions under Section(s) 2.393 and 2.397 of the Employees' Pension Nan as approved by the Pension Advisory Committee. 0 and that the appropriate officials be authorized to execute same. SUMMARY: Helga Lanier, Accountant, Public Works Department, was employed by the City on December 15, 1980, and her pension service credit is effective on that date. Her pension will be effective January 1, 2001. Based on an average salary of approximately $41,865 per year over the past five years, the formula for computing regular pensions, and Ms. Lanier's selection of the 50% Joint & Survivor Annuity, this pension will approximate $24,1112 annually. Gail-Patricia Greer, Administrative Support Manager, Public Works Department, was employed by the City on October 6, 1980, and her pension service credit is effective on that date. Her pension will be effective February 1, 2001. Based on an average salary of approximately $36,766 per year over the past five years, the formula for computing regular pensions, and Ms. Greer's selection of the 100% Joint & Survivor Annuity, this pension will approximate $20,172 annually. Richard D. Wilson, Police Lieutenant, Police Department, was employed by the City on April 21, 1980, and his pension service credit is effective on that date. His pension will be effective November 1, 2000. Based on an average salary of approximately $60,556 per year over the past five years, the formula for computing regular pensions, and Mr. Wilson's selection of the 100% Joint & Survivor Annuity, this pension will approximate $33,755 annually. Linda F. Konga, Police Officer, Police Department, was employed by the City on October 13, 1980, and her pension service credit is effective on that date. Her pension will be effective December 1, 2000. Reviewed by: Originating Dept: Costs Legal NA Info Tech NA Debbie Ford/Human Resources Total Budget NA Public Works NA User Dept. Funding Source: Purchasing NA DCM/ACM ? Captial improvement Current Fiscal Year Risk Mgmt NA Other NA Attachments Oix.rati"ti t ? Oihu Appropriation Code: Submitted by: ? None City Mana er Printed on recvcled naner ?DA. 'ion Regular Pensions Page 2 December 4, 2000 Based on an average salary of approximately $44,053 per year over the past five years, the formula for computing regular pensions, and Ms. Konga's selection of the joint & Survivor Annuity, this pension will approximate $24,236 annually. These pensions were approved by the Pension Advisory Committee on November 9, 2000. Section 2.393 (p) provides for normal retirement eligibility when a participant has reached age 55 and completed twenty years of credited service, has completed 30 years of credited service, or has reached age 65 and completed ten years of credited service. Section 2.393 (p) also 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 Lieutenant and Police Officer as meeting the hazardous duty criteria. Ms. Lanier and Ms. Greer qualify under the age 55 and 20 years of service criteria and Mr. Wilson and Ms. Konga qualify under the hazardous duty criteria.