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SU�S�i�'��Y�'dTi»�'ez�1�^�� �t '� . rFt" . � 'i;r� its .ts.,'j�e , . . . • '� , . . � � . , ' , • . • fi'�• . .... ,1....1»:i..� � ,..,l�.+Kra..'r,rF.7Ft,. ,n..il..3f�K �.�. ' �� � � s�.; ' . , . , . d. TF 1!.•t... .. .,. . �., . .�� . .'1ii" :'e�'.`:}:: .. � , ��GY%�iC; ,`llriiif'.:�, l{.,.,.ac. . �in:�, ... � ..� � � . � ' : ' . . . . ' . . . , ' . � � . . . � � , ' I � � . . . ; � ACTIUN� AG�NDA � � : • � � . � � � � � � ' : Board oi Trusiees of the �mployees' Ponsion Fur�d ' . . . ' � � - . .� . : • . � ., , . �ebruary 1, 1993 � ' ` �, . � • '. �� � ,� . . ' • � , 9:00 A.M. . , • . ' , . - , : . ' . . '. ' , � � . � . . . ', 1 �.; . ' ; .� ki . ;; . . , . � , ' ` ' � . , � . . � . , !I � � � . �. i .� �1��'Caii ta arder � ' i . 9:Op a.m. . . , . ��' . . .. . . . . - . . �: , . - , . . 2. :.Approval af Minutes , ,� Z. Approved as submitted. � ' , ' � +� � - �.. . o� 1115193 ' � . . � r , ' ' , . , . . . }I � , . . ` . . . . . •, �. . , ' , 3. . Request for•acceptance : �, . 3. Accepted. � , �i ' into• m�mbership: � .' . , . . . ' , . . ; , , . • . � . � . , � � ' , . . Barbara R. �rdslac , ,,. . ' . � , ' . , i . ' . � 4. Pensian4s} to be granted: - 4. ' Granted. . � � ' � � , ' _ 'Regt�lar , � '. � � ' . `' i�- ' . � , � ', r � ' � � � , , Wiliiam Pfennert , . ' ' ' � . f ; , . . .. , � � � 5. �ther Busir�ess: ' , � 5. Nane. � � � : � , , . .. � , . � � � : � 6. Adjournment: . 6. 9:01 a.m. � ' . � , . � ' � � , , . , , • . . i i ' . � , . , � � . . • II . • ' ' , ' • �" • - „ ;�i I`• . . . .. �i I ' ., � ; � ' , ' ;' , , , , , . , . � � ' � : , , , . , ' . �. , I. ' , . , ' . . , , , . , � _ , , . • . ' - , . • , ,. ' � , . • , ' ' , � . ,. I • ' , ' � � . , , ' �: i - . ' ! �.... . . . '.'i`-` t �': �.�; � c. rri',� r c. . . � . , , • _ ,�. ���'�`� '.I� 'i1� " ,, '}�. . ' ' , . , , . �}' , ., , � . .� . .. t' ' . , . , ' •I'� , • . ifJ�..,`(' �iii , ' ' '+� ,: f.'J.' ' . • . , .. . . � .'r ' . , , , .. ' �, E' , ''; . .... 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' . il . . i .. . i . . � . . . � ' � , ' , . . � ; . . '' . , ' ., . AGENDA �. � ' � � . , , , ' : � �r�..' ` .' ' . � . ' �, �. . Board af Trus#ass of the �mp�oyees' pension Fund � , i� � 1 . , i . . . . . � . , . . , ' � February 1, i 993 � . , ' , . �:�._� � � � �,� ' � ' , 9:00 A.M. , . � . � . , � '. , ,�; .. , ; . . .. �.. �. 1. '�Call to.order ,� � � . � , ; . . : ' ' � ' . �. ' E • . . . . . ' � � ' ' . . , . .. � `2: , . .Approval of Minutes � � ' ' , ' . � '� � �, • of1/19/9.3 � , ,� �� � � �.,. . . � ', . . � . .. .' � � . . . ,. � . . � ' �: , `! ,� ' ,; � �� , , , , � 3. . Request for acceptance . � . � , • . . . � , . ir�to membership: ' . . � � , . � � � � : . ;'. . . ,. . � . � ' � � � �' . �, ; , , . , 3 . Barbara f�. Erdefac ' ' : . , � ' ' � : � � - 4. � Pensio�is} to bs granted: . � � . . , . . ° � . . � Regular � � . � ' . . . , . , , . . . . � . William Pfennert � . 1 . . � . . .. � . �; .' . . � � . 5. Other Business: � � . ' , � ' . , fi.. Adjournment: , . . , . , ' . ; . �� . ., . , ,� . .. . � , . , � � ' _ � s � � I � . , � � . . � I � ' � . .� . .�, . . ' ' s � 5 � � . I . � . 1 � � ' r 1 p ' . f ' . � � . . ' � � � I r � Y'• «.� ��Lre_--'i�.t i�.�1 —_— 'S . ! . • ��.. e�. • . !. ' ' . ' � � . . , ...... � t . . � � � � �'`'� � c�:�a��v��E� c�zv co�wM�ss�aN �. , :,�. � .,�., . � � = � � � Agend� Go�er Memerandum � � i��m � � � �.��. � .. . ��'�iTEA�'��� Trustccs af thc �mployces' Pcnsion Fund M�eling Date: �� �93 � `. ` subject: ,� . Mcmbcrshi� in Emplayccs' Pension Plan � � � FtecammendationlMotio�: � Emgloycc{s) listed hclaw bc acccpicd into thc Employccs' P�nsinn Plan ns recommendcd by thc �, P'cnsion Advisory Comrnittec.. , ❑ and ihat the appraprfgte otffcfals be authnrized to execttta Sar�e, ' - BACKGROUND: ' ' Datc N�rt'�c an Seni�rity Yension ��.Qb .l ss � , D�p�D.� p� Eifecsive Barbara R. Erdcit�c, TraF. Sign & Pub. Wks./Tr�f. Eng. 12/22/86 � 1J11/93 • Mar�:ing Tcch. Rsvfewed by: Qrlglnating Dept.: ����� �v/� Human Rcsau Budget N Purchasing N�- 11se�' Dttpt.: Fifsk Mgrr�t. N�" DIS ACM N Advert4sed: Other _ � D���: S�bmlttnd by: Clty Manager Paper: � Not requir�d Afiocte� pArties ❑ Notllied {��1 Nat requirec! Casts: ..._� _ � Cammission Aation: �°�a� l� Approved 1� Approvad wlconditians Current FY � a�nled ❑ Conilnued ta; Funding Source; ❑ Capl. Imp. ❑ Operating [� other Appropriatlon Code: Attachmenie: L7 fVone �� Leitcr(s} �5,� .i'�'[. , .� . ; , , . . . . ' � � . � o I! , '�/3 .I .� . . 9.••1!`' . . � • • . � � t , � ' ' • ' • I f � • • � . . . . . . � � . . , ' . ' . � � . � . ' � • � ' • , , �'� � � � • • , • • ' , ' ' , 1 ! ,1 " ' ' . ' , f1 ' . . '� • , • • '�/ � ' , , ' • � � ' ' , • ' � ' • •1 a . .� ' ' j ' . .,i; .1 ' . . ' I . ,`.i , 1� ]{ ' ` , 1�j 1 ' ' ' . • . � � � . . ' � ' � �. • � . ' ' .. � , I• � ' ` � . fr • ^ �'.- 1 � • •• '! � • . ' .. ' . � i .. � . . .. � . � ! , � '� ' �.. ., . '5..� ] 1 �j ' . • • , , r. . . , � � .. . ' . . ' . . ' .. ' . 1�'• .R . . . . f; � b' . . � �..r'� . .. . ' ' � ' . � � . " . . I ' , . .. I , � � � . • �. ` r � '�`' • ' , � . . � ��•• , 5 • , , � . r . . _ `.� . . . . r � . � � . . . � � � . �.lj� ,. . . , . ,�'� . ' . . , , • . . ' . . . .. . .• . , � . � ' . ' , � I� .. . .� ��t. t �. r, . . ' , ' ' i� .� " • . � . ' '' • . . , � � ' , . . �il`�,`-"<:;J.�:.t<�..'�t �^.��. „5..tid..4.�.. .��.� .�`"4 ' :. . • r,,"r7„e7r+ai.'�' .'.��.e . . •�, � . ..-� ,. .. . .�. ' . . � ° y� ';r '`s i -!,t . ' 1, ' . � ? .. . � . ' ' . . .. . J�. , . . .M�c °r • . , .. � ' . � , ' � . . . . • • , . / � ' . . , � , t `4` , .. , . . i, ' , � � � ' � • � ' . ' , . � . . . . , . , , CITY OF CL�ARWATFR � • ' � • � � ' ' EMPLOYEES' PENSION PLAN � ` � � '` � � � � PENSION ADVISORY COhiMYTTEE , • � � 'IQ ' Pcnsion Trustces � � . - � , .. . � . , , � FAOM: Penaion Advisory Committec � �,.,�`" � . �..�, , SUBJEGT: kecommendation Cor Accept�n�c intn Penaion P1un � .� � DA'i'E Junuary 20, 1993 � ' � . As Trustecs of t�ie City uf Clearwatcr .Employees' Pension Fund, you are � hcreby notified tlint the .. empluyee(s) listed belnw ��ve been duly examincd k�y a iocal physician and cach: hus been - ; dcsignatcd As a"firsi class risk". . :, . These employecs are eligible for pension �nembcrship A5 nqted in the Pensiari Eltgibility Dnte ,� � , co�nnan below, �� and it is the recommenclntion o�' thc Pcnsian Advisary Cornmittcc thnt , thcy be , � accepted iato mcrnbcrship. ' , �, . ' , ' Pcnsion Elig. Namc. Ja6. Clnss� � I]c�t./Div. �irlh putc ��,,� , �� � I?� . Bar�ar� R. Erdelac, Traffic Sign Rc 9125/45 i2/22/86 , 1/11193* • . Mnrking Technici�n� Public Works � , . Uepartment, Transportatian Graup . � ' � ' •Ernployee' hired trom permu�ent - , � • part-time to fuRl-tlme pertn���ent � stut�s. �iire dute rc!'Iccts date hired as � ' � peruiat�ent part-tim�. , � ,, � � ' I. � , . . . � � , � - � •, � .a,a . , . .. .. . . . , . . , . . . . CL��IRWATER CITY C4MMIaSlQtV Ag�nd� Cover Memorandum 1lem N 21 ��3 Meeting Data: Tr�stccs of thc Ecnpinyecs' Pcnsion Fund Subjact: � � � Pcnsiat�(s) "C`o Bc Grantcd RecommendationlMotian: � Erngloy�c{s} listcd bc�aw br grantcd a reg���r pension ur�dcr Scct�on(s) 2b.34 andlor 2�.37 of the Emplayccs' Pension Pl�n as recnrnmcndcd by thc Pcnsion Advisory C�mmittcc. ❑ and that 1he appropriate olficials be authorized la execute same. BACKGR�UND: . ►.�� Weilia�n PlPnnert, Po�ice Oific�r, Pai�ce Departm�nt, w�s cmploycd by tlse City on ]uly 6, 1971. ��d bcgan participating in thc Pensiorx Plsn on J�nuary 6, 1972. His rctircmcnt will bc cffeciivc on I�nuary 29, 1993, at t�e end af ti�c day. Mr. Plcnnert's pension w�s approved by the Pes�sion Advisary Commiitce at its mectir�g oi January 2Q, 1993. Based on an avcragc Salary of approximatcly �36,323 over thc past fivc ycars and thc formula for camnuting reg�lar pensions, Mr. Plcnnert's pcnsion will aggroxi�iatc $19,D70 annually. Charts fra�n Financc which take into consideration mortalily ratcs and a�c rcflcct thc "p��se�t vulue cost of financing" this pcnsian will be� approxinsately $203,298, Note: For a number of ye.�rs prior to and at the tin�c Off3ccr Picnncri was e�npZoyect by thc City, ihc Pension Pd�» was intcrprcled to provi�le ihnt empl�yces did noi p�rticigatc in the plan during their first six months aI' employment. A Circuit Court ruling on November 2, 1972, change� that it�tccpretation and pro�icicd cmp�oyccs l�ired prior ta ihe CoUri's ruiing thc aPportunity to "m�kc up" tite initial si�-mon[h period by paymcnt of an amount cyual to the pension dedueiian that wottld ��ve bc�n withheld ttt�ring that time of nor�-participation plus rntcrest. Officer Plennert did not cxcrcisc t6e optian to "makc np" the initial six months of timc for pension service credit; thus, thcrc is a differcncc iri his datc of hire and pension service ciatc. Re�iewed by:� Lega! N audget r» F'urchasing Na Ri5k Mgr�t,__�A ,., ois ACM �. KS R� -- -- Olhe[ Np Se�bmltt�ed by: Ci1y Manaqer �rigfnaling Dept�l Human Rc rc User D�pt.: Advcrllsed: Oate: Paper: �,� Nol required AHected parlies ❑ Natilied � Not reQurred costs: zn3, Z�A Tota! Currenl FY Funding Sourco: ❑ ca�i. ir�P. L� Operating L� o�n�r AppropriAtion Code: G9G-�a�o--�ai-��� Commisslon Action: C� Approved � Approveci wlconditions E.�] Denied ❑ Cnnlinued to: Atlechments: ❑ Nano Lcttc:r(s) Rcqucst Forr�i .�.,� � � � � ��� � " � - � ' � � � � � - ' . " � , . • ' �' � . . ., ' , ° ` ' ' � � , , . , � . . � . ' � � , , ' ... • � �. : - �. �. . '' , , , , � . ;� • ', • '. � ' �. � s� ,' . , . � . � � • . : � � � � • •� � ,• . , . , • . , , . . , ' , � , � . .� , , ` , , , , � , ,. �. . - • . , � �, ... . , - .� , '.. ; ' ; , �, ... ' '.' . . ,,,` , , , , , � , . . , ,. . , . . , . �,: � . , � . . � IF, ,,, . � ' ' ' '. , � . � . . .' ' . � �, � �� � . ' � � � '. � '� . ' � � � . -.ji.?!"viV�jj.�'��.. . ���'. . ?`3 i•i41ir � � " .t.� .==t :✓ �•;:.5 . . . • ' ' � . .��" � ' . . . • .'f . . ' �� �- . . * t.� , . . � . , ,. vr.I'G.vS�P.a. . . . . . . . � , Humui Rasourcea psparlmar�l . �162•5870 C I T Y a F C.L E A Y� W A T E R. � � POST OFFIC� Bpx �t7A8 �CLEARW�4T�R, FLORIQA 34618:4748 � 'IC} Honorable Mayor and Membcrs of the �ity Cammission �as Trustces of the ' Emp�oyccs' Pcnsinn Pian ' � FROM: �Pension Advisory Committcc . ' COPIES: Dan Dcignan, Assistant Dircctor of Administr�tivc ScrvicclFir�tncc Dircctvr; . � Employee's File , � .. � . SUBJL-'CT: Rcgular Pcnsian—William Plcnnert ' � DATE: JanUary Z0, I993 . T'he �'ensian Advisory Cammiitec rc�c;eived an application f'or rcgular pension fram William Plcnncrt on January 11, 1993. � Mr. P�ennerf. was empioycd by thc City on 3uty 6, I971, and has bcen a��rtici�rant in tt�e Pension Plan since 1an�ary 6, 1972. The amavnt of Mr. Plcnncrt's pension will be camputcd by thc Financc Departmcnt at such timc as his last �ve years af scrvicc and salary can �e calc��lated. Qy motion made and duly carricd at iis mcctin� af JanUary 20, 1493, the P�nsion Advisory Committec �pproveci/rccommcncicci a rcgul�r pcnsion based on ycars af scrvice far William Plenncr�. in accordancc with Section 2fi.34 of the City Cade, This pcnsian will be effcctiv� on 3'auivary 29, 1993, at thc cnd of thc day. I hcreby ccrtify that t�c Pcnsion Advisory Cammiktee has appravcd chc �ranting of a reg�tlar r�tiremcnt �ension for Wil�iam Pienner[ anci ihc abov� daics are correct. Ch ' man, Pension Acivisary Committce s,e�at� M. ���i�z , , �`ir�� � "�qu�! �mplayinent and A}I�rmalive A.ction �rroplayar" _.«.... .. . . . �� :� � • � ' . . � . � � . ' . � : r � � , � ' 7 , f � .. . j , . , , . � ' • . . ... :t',� ,.r .'�. '�°. .'c.� . -r . e ' ' � , ., .. . �,_ , • � ' r • i . � �' . � � � . . ' • , i � �.. � ;. q'.. �' , � �1 i , � . . PENS�ON REt�U�,S'� FQRht i� w3.].].iam piennerti do hcrrby apply fvr � rctirrmcnt� fram tha City o� Clea�rwater General �Emplayecs' Pcnsion Plan, . � M ben�fits datt'. is Januaxy 6, 1972 . � y � {Eutxy dat� Tnto gensioa plaa) ' . My d�te oi hir� is �u�y 6 f 1.973. � My birthdaq is � nec�.cnbez 3�,, 19g8 ' My job Cl�ssi�'i�tion u ' �'���-ce OEfzcer �d I work in the .P°1i'�� � Department. netective Divisi�n. Jantxaay 29, 1.993 � ' M y , resignaiion date 'ss ' T�Zt ty�c .of paasian far �v�icla I am applying 'ss (GY1CCiC anly one): � x �tegulzr Peusion �ased aa yrars of s�rvi�r . 1ob-connect�d Disabilit� P�nsion . .� Non•jab-toaaected Di�z�isit� 1'eusion My spo:�st's aame is: Li.nc3a S. � . Depeadcnt childreu ►�ader t6e age af I,$ and ,residing ia my �ou.schold are: (Print Child's Fuil Na,me� (Ch31d's Date of Birth) � ... - , - . i hereby cercify al! of thc abovc ta bc tnic and rnrrtct: . . � � �. � i (Signature) � ,7�nuaxv 11, i993 (Date) . ' / / �II�:i6'�� /�1.+�+ � :� r —_ _ {I'j0[�1C} NOYARY F'l1BL�C, S'i',17E d� FLORIDA. MY CO6t1�415S1�N EXi�IRES: JUI.Y l�, 1ggd. ' •oKOm �Hnu MoranY ►UryG UKOLR1yRI7i1l/. �� . . , . � - S .,. , , . .� .,. I , r '3__. .'_ _ I. � .. � ' � . .. ,s,. . �_—'— _ , �� ■ — � � . ' � . ' ' • . 1�' . ' � ' , • . . . • . �. � . . • . ... - .. � .. . . . . . _ � . . . . . � � . . � .r. �� . . . . , � � ' �. r .�.;.,, , , CI'IY OF CLEARWATER , , GENERAL EMPL�YEES' PENSIDN PLAN ' ' OP'TIONS - PO�.ICE OE'FICERS . OP'Z'X4N #1; Emp�oyccs can rcceivc a�ucnp sum paymeni for vacatiau atici • , holiday pay and 1{Z of aCCrued sicic lcave � at thc time• nf , scparauan fr�tu thc Cicy. 'I't�cre will bc na 89�o deductian iar � pensioa fracn this lttmp. sum pa,yment nor wili this amouut � count as earaiags in the calcc�latian� af the gcasiou. � The last - day af a�ork will be the terminacioa date and pension bancfits wi11 bcgin the following day. • � �P'I"�OH #Z: �m��oycc caa cxtenc� tcrrainaEiau date by tb,c ticne due �for (O��p avai]abEe �to' va�aiion. holiday pay, and i12 af ��ccrued sick ieave. � emplorees hired "Cermi�atioa date wi�1 be the �ual day of ext�nded timc. prior ta :�0/119Q) Pension bearfics will hegin the �foilvwiag d�y. OPTION #3: Er�playecs can splii thcir accumulated 3lCiC timc 3L (Onfy �vailable to one•quastcr Qay and one•quartcr aarly rccircmc�t time. That empiorees hirnd portian received as one•quarcer pay will noc havt 896 Qrior ta 1011194} drductcd . for pcnsiorc nor wilj it caunt as caratr�gs �n �e ' . calc�lauon of thc psnsion. Tbe � portiou applicd ta�ard early retirement time will be � subject to the 8� peusion , dtducuon � aad will counc as carttiags for pcasiou calculations. • Termiaatiaa dace wili be thc Cnai day of extendcd tima; pensian benefits will bsgin the fnllowing day. *��«*��r**�.,,,*��«*w*r��r** YJi2if;SIU Plerii]ert i, , an cm�Ioyee of the City af Ctearwatcr, hcrcby app�y E�r peaszon �cncfits �cacfcr thc Gcacral �mgloyccs' Pcasiaa FZaa, i hereby ccrtify tk�ac I#'utly underscan� thc thrcc op�ions offered to mc. I choase ta retire using Qption # and wis� my bcacfits to bc caiculated usder this vpli�n. , I undcrstand that ancc t�is farm is signcd. Fny dccisia� is irr��oca c. L l , . EMPLOYEE'S SIC',NATURE: _ � . S�CIAL SECURI'i'Y #: _ 2�4--74-6232 190D Souvenir Dxive WIT�SF.S: ADDRESS: � . � C.�e�xwater,� ��, 3�3615 �!l!1 � -� �� AATE' _ Januaxy ii, �993 � � I