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06-01-1993
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' � ' . � • � , . . , , . ' � � � 4 ` : � . ° ' ' ' ' - � . , .� ACTI�I'1d AG�NQ�1 . , � ' # . , . ; � :� �, � . . ' , , : �•, ,':-��'� � . : ` Board�of Trustees �of.thei �r�ployess`. l�ensior� Fund � � � ,- ' , �3 3. : , , ` ' j' r. . . . . . . . . . ., . ., Juno 1, � 993 • : , , -. . . : . . . � I . �,, , ' . , . �9:Oa �A.M. � ' � , . ,. i 1� '` � � � v � .. . , �. . . � . .' . .' . , ' .' , . � � . . . . . . . � . , , � � � ; . . , , . - , ,,; .. , , , ,, .. �. ` - ° 1.,. �Call ta order � � � � . . 1.. 9:OO.a.m. " � , . '.,. , � `� . � � ; ,. : , , . .. . . . . � ; � , , � , � .' 2. � Approval of Minutes � � � � ' 2. Appro�ed as submitted. � ` 1 , - , ot 5l17�93 . ' . , ' � � . ' . � , . . . � , � . , , . , . , . . ; . . .. �3:. r ; � Reques't #or a+cc�pta�ce . . . 3�� , Accepted.j . � ' , . . � . . � . . . , ' . inio��mernb�rsi�ipi , . � . ' ' . . �. . �, �j. ' . .. ' ' . . ' , . . � . a� Alethea Lscata-Hea��n . � � � � � � � . � , - � . . ' � � ' . b) Angela K. Pierce � � . . , ' , ' . , . . . �� . , . � , '. � . f � , _ � ' cj Susan D. Harne � � � . . ;' � . . , . �� � � � dy Fiobert Halleti � . . : , � . � , ; . � � . . ' , , , � � � � � � , . � . . � � . ' - � 4: , . , �ensianfs) ta �e granted: ' ' � � 4. � A�provsd.. , ` � � , � . . � Reg�lar - , ,. � - � � � , ,� `. - - , � , � ', - , . . , , , . . . , . -� � . � � . „ � '. . . � ' : • Devid F. P�;rez • . . � , . . , .. ; . . . ' .'. � . ' ' . ! , . � 5. Ather Business: � . . � .� � 5. None. � � . ,. . , . . � • 6. Adjournment: . , ' S. S:U2 a.m. ' . � . ' � � � . � � � � ' � , ' � , . , . . • ' , , � � � � , . , . ,..� � • ' � , : �I � • . � �, � , � � � . � . � . , ,, . , . i � : ; , . � � ' . ' ' ' . . .I 1 ' � � . ' , ,• ' 1 . . � ' , � . . . � . . . i 5 4 , � . � . . ' i . � . � � 1 . . . . . . ' • � . . � ' • � � , � � � , � � i � ' ., '' ' . . , � , . ., • , ; .. , ` I � • . ,l . . , . � � " � � � , . ' . , '. . , , . . , • � . � � ' � � . . � � � ' . 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'.).� . . ,� . . , . :�l� � . . . . ?� , . �V: .i'[`r`� „�..,.,, . , .. �. . , �.'.. . .. „ � .� . . . � .. s � .. • � ' :'{�n���l:�:�Gi{tri+.,i:� .. �G�f Cs:,'. � P' �:"�: ' -e• . a=,1' , L".� :•.�,:i'; . • •.y°e�., • *.w�. , ....�, nt}+`K �� � G ,nia aw. � ..s...rw.awn^,t<r�.-�; .. �i�. , _ , � .. ..,;,� ;r�;•::'�°.:'7 f, �d�r .: , .<�";1•.;?'f";'3,t ,r-' , . � '�.7:: � . . 3- lt:':°'- � . , ' e , � . , .. . . • � � ' ' � � ' . , , .� . � , ' � ' • .. �.I � .' ,� - � � . j • . . ( � ,.. .. . . ' . � . •� . ' . . . . � i 1 , . , . .. 1 � . . ' . , • �I i .. . . . I , . .. � `' . � � . � � . � , � � � . .. � ' . I i ' . , i . i � . ' � . . ' . . I.v I � r r , . l,' r. . , .. t � � . , : , ' . �.. 1. . � . � - j' . � AG�NDA . . .. . � . ' . i 1.. ' . , ;�;` . �� . �. � . :� 8oard� of Trt�stees Qf tne �mployees', Ponsiar� �und � � � � � � , �. s',t,, j � '. ' 't . ; , t, , , , � . - , " Jurie� 1 � 1993 � � , � � � . . , ' . � � . ..:.�. , � . ,f' ' . � , � , , � . ' 9:00 A.M: . . � ' . ' , , � . , , . � :s . � . . � � ' ' •• i ' 1 . . 1 ' � ' ' . � . . ' . . `F ,. . . . � . ' � . . . . . ` . � ' ' . ' � . . , � � . 1. � � Call to order � . � ' . , . � . ' �, ' , ; .� , z :. ' � , .. , . .'.. ; . , ' 2. .. . Approval o# Minutes � �,. , � ; � , : : . . . . � ofi 5/� 7/93 .. . . , � • , , , � � . � . ' � , . " � � . . , . . . ,,. � , - ; . . ,.. .. . , '', , �-.. ;, � ..•3., Flequest for�accepta�cs � . . • . , ' , ' , . . „ .. r .,� ' � ' . ir�to membership: � � . � , ' � • ' ' � , � � �� : � : . � � . � . , ' � . . �f : � � a1 Alethea Licata-Hearin . ' . . . � . ' . , . . , ' ` . . . , h} Angeta K. Pierce , � � � ' � , , . � ' . � . . ' , � , . � . � . , '. , ci� Susan D.. Horne � � � . , � . . , � ' � '�` � � '- � . � d} Rabert Hallett , . - ; � . � . :f , . � , , . . , ., � � . � , � , . . , � , . , ; . . . ,' . . � _' ., 4. . . . P�nsion(s} ta be granted: ' ` � � ' ' . , , � . �� � . � � � , ;� : . . . • . . ., . . .Regular . , ,. . . � i , . - , . :'� . � � .. , � David �. Perez � � � � , . . , , . '. ; . . . . � . . • ' , , ,. . . � .. .; . . , , . . . . - , . � , . �; �thert B�as�ness: � ; , _ . � . - , � , � , ., . , , . , � , �� � � �. . � s. : Adjournment: . � � . _ �. � , � " �. ' , � � . ° . i� . . - ` . � �.. � � � . � � ' � �� � � ,�. . � . � � � - - � ; , . . � . , .. , � � . ,�. , ,�. ' � .� .� � . ° . � , � • ; � i., .. . • .,. ` . ��• , ' • � . - r; - , • . , ,.. � _ , � � , � . . ... ,, . . , � ' ' � . �° � . , I � . : . , : � , . .. , . �; .' � � _... ..�......._..._.�. . �._._�� � _ ..._`.._._� �.: +, . ,., .. , . . . , . � . ;�.:::,.:��...... ... r:::.:.,.:.._�...,..�..�..:.::���.....�._..�.:..,..M.......� _..�.�,.w... �_ �.�....�...._..�..`_ .�. . ..._ � � . �° � . �����~ , , , CLEA�RWATEF� C#TY C�IV�MISSlON , . � � y �.:.� � Agend� Correr Memo�andum � it��, ,v � , . �,��'��� � � �Trusices nF thc Emplayees' Pe�sion Fund Meeiing pate; SubJB�i: � Membcrsl�ip in Empl4yccs' Pcnsian �lan Recommendatior�lMotion: . Employee(s) listcd b�low bc acce�tcd iiitn thc Empioyees' Pensian Plan as recommendcd by th� Pension" Advisory Committcc. . . � . • ❑ and that th� appropriate atTicfals ba auihorized to exec�te same. BacK�ROUNO: � � . ' � D�tc ' i � L��mc <�tnd ,� Clars � D� ID�v. �� Darity Pcnsion . - �• � _� Eifcc iv � Alcthca Licata-Hearin, Staff Ass�. I Potice II/Z/92 �/1/93 At��efa K. Picrce, Police Rccrait II Policc �4I5193 4/�Ig3 Susan D. Hornc, Staff Asst. I Police 5/3/93 S/3/9� f Robest Hal�ctt, S�rvcy Assistaxit I Pc�b. Wks./Eng. . 5/3/93 5/3/93 I� �� Reviowed by: Originaling Dept.s� Costs: NA Cortimisslon Action. ���Q� NA Human Rcs t�GS iofa) [� A roved Hudgot �A pp purchasing . u� Uset' Dept.• � ApprovQSi wlconditions � C�rrenl FY � �enied F�isk Mgmt. - p�,�, - d Continlisd to: D15 Fundin� Sourca: - ACM a►dvertised: ❑ Capi. Imp, Other� N�I�_..,^ D81B: �] Op�raling Attachments: Lc L tc r Submittad by: �a�r� � othar � Not roquired Aitected par�ies Appropriatio� Goda; C7 Notiiied Ci�y Mana�er � Not required Q Nane ���'` `n . . . r. ,�, � � . . .. . • . . . . � .. ' .< ; . , � . . � .. . . , �. . .�,� � . . � i .. . . • .1 . . � , . . ' , � 4 ' � ' , , . ' ' • � . . � ' ' ' .. i. ' ' :I , ' . r , t' ' •' . . - , � . .. r � ' . . � , . . � r � . ..£ . � ' . I' . �` ' , � .� . . .. . � ' . . � I. ' . .. , � , , � " �j�• L . •. � +� '' . . ,f � ' .. • ' � , • � • ' 1 1 . ,'1f,;.41�1 � ' .tl • , iF . � . .:l , .; , e i.l, ''1 ' . '1 ... . ' � .... ' . 1 ' , ' • ' ' . ' r i ' �4' . t � k ' . . . r � .• . , � , � • � � �. ,,. � , ' � �' ,• `'/' .. ��,� 1 .,I .' �,1' '` • •� � , � . � ' � 1 . . � • . ' ,�1 3 �f .� .. ' , , f . . . ' . •, t ' , , � '[' , � 1� .7, i �I � ,1 . C�. ;.1..:� . •C: . � 1'�t. . �d � j'. , . , . ;•1 � ,� . y. •., ' :,T., � }���:� �;r,. ° : f !�'�':�r+�` �.a. ?{r, ., a,aso..,ra,�., .,w.3�,,.�. ;xrs'�>'�'�°�. .. , 'Si���t,:° `' .. • • r ., . � ' ;� . . ; , ,. ..��'� `�' ;`'3. , i .. . . , ' � � � � . � � ' � � CITY Ok CLEARWAT�R • � ' . , '-• . - . . EMPLOYF.�:S' t'ENSION PLAN � � . • � - � � _ ' PENSIUN ' ADVI50RY COMMITTEE , , . � 'IOc. Pcnsian Trustces ' , , , . . _ - � �ROM: . Pension Advtsory CQrnm4ttec � . , , , , , �, . � � �� � , �, SLIB3EG'i': � Recammendution far Acccptancc . into Pcnsian Plan ,� � . , � DA'iE: _ , Muy 5. 1993 . - � � �, � . As Trusiees of ,the City ,of Clearwater Empinyces' Pension Fund, ynu urc hcreby notified thul tiie � ' �rr3ployee(s) listed:� belnw hIIVG been duly exu:nined by � 1oca1 physiciun and cach lius been . dcsigr�Ated as a�"�rst class risk". , , Thesc employces slrc ciigible for, pension mcmbcrshi� as noted in the Yension Eligibilily I7ntc ' cnlumn bclow. and it is thc recommendation of the Fension Advisory Cammittcc tl�at ihcy be ,. accepted into membership. � � � � ' . Pensian Efig, , � � i�m��,�SLbL_.����� ��t./Div. . , Birth DaEc �-1ire�ttt� . �LF , � . alethea Licata-Heariit, St�ff 1A18/b9 11/2/92 5/1/93*. Assistnnt I, . Palicc DepaTtment ' � � *Fmployee hired lrom temporAry ta � . full-time permaaent stutus. , Hirc d�te � � � reflects dnte hired, �s. ter�epor�ry. , . � � . � An{�eia K. Pierce, Police Rerruit II, 4j27/71 4/5/93 4/5/y3 � �'nlice Dep�rtrnent � . Susan �. Iiorne,' SEnf� Assislant �I, 5�3�72 3/3J93 S/31y3 • � • Palice D�purtmcnt � � Kabert HAltett, Sur�ey Assistant I, 8/3l/62 5/31�3 �� 5/3/93 , , Public WurkslEnAi��eerFng � 1. ��.> . . . , . � s �.. e j ` I �•.. �rl�+�w��'_---_ — — _rr��.rur�+r�•r�w.�r. - ...`�rn..�-�..��.��.nnr.n.r�ar��.� . ,� �� ���� �LEARWATER CiTY CON9MISSIQN � ' y��� � Agenda Ga�er M�smorandum �t�m a�_�.. 'i'w,�r�*�c�° Trustccs oi' the Ernptayccs' Pcnsidn Fund Meating pat4: Subject: . � Pcnsinci(s} To Be GrAntcd R�commend�tionlMotfon: Employcc{s) listed bclow bc �ras�tcd a rcgular pcnsion undcr Section(s) 2.396 af thc Employccs' Pensic�n Plan as r�cammcnded by the Pe�sian Advisory Camn3ictcc. ❑ and thal ihe apprapriate ofiicisls be authnrized to execute same. BACKGRDUNa: - � David F. Ferex, Police Officer, Palic� Department, was cniployed by thc �ity on ]une 4, 1�73, and begun participatis�g in lhc Pcnsion Plan on Deccmbcr 5, ]973, His rctircmcnt v�ii� be cf�'cctivc on March 24, i994, at thc cnd af thc day. Mr. Pcrcz' pcnsion was approveci by thc Pcnsion Ad�isory Committce al i!s mecting of M�y 5, 1993. Based o�i �n avcrAge salar}�� oF a�proximaieiy �34,305 ovcr the past i'ivc ycars and lhe farmula for computing regulAr pensions, Mr. Pcrcr.' pcnsia�i wil! approximace $17.367 annuully. Ct�arts frorn Fin�MCe which takc into cansicicration eziortality ratcs and agr. rcf�cct thc "prescni value cost of financittig" this pcnsion will bc a�proximatciy $],7G,949. Note; Far u numbcr of y�ars prior to and at thc timc Mr. Pcrcz w�s cmplqycd by thc City, lhc Pension P[�n was intcr�retcd ta providc th�t cmployccs did not participa�c in �hc �ian during thcir first six rnant�s of cm�loy��icnt. A Circvil Court ruling on N�vcinbcr 2, 1g72, changcd �hat interpretation �nd provided cmployees hircd �riar to the Caurt's ruiin� thc Q�parwnity ta "makc up" the initi�l six-manth periad by paymc»t oi an amaum cquai ta tlic pc�sion dcduction that would "navc becn withhcld durin�; th�t timc of nan-participation �alus interest. Mr. Pcrcr did nat cxcrcisc iY�e option ta "ntakc up" thc initial six manths of time for pensinn servicc crcdit; thus. [hcrc is a difFcrencc in his datc oF hirc and Pcnsion servicc datc. Revtewed by: Legal na 8udgai �� Purchasing n� Risk Mgmt. �� plS ..._ ACM _ �'�-- Other na ,.... --, .�5 Submitted by: City Manager Ori inating �ept�' �iuinan Resc�� U�er Dept.: Ad�ertl$ed: Date: Paper: [�� Not required ANacted partfes ❑ Nntifiad L� �Int required costs: �7�,9a9-- — 'Total Current FY �unding Source: �� Capt. Irnp. L7 Operating �� Other p�r�sir�n Appropriation Code: Commisslan Actlon: ❑ Approved L] Appraved wfcand+tians I.� penfed f..� Cantinued io: Attachment$: Lctter(s) Rey�est fior�» 646—b7 �10��301pa-58� C� �ane . • },• � S�1 � f . • � , � i� �� ' ' ,• � , • ' • ' , . . . ' . .. � �' , , ; . . ' .. • . ' ' ? ` j ' , I � . ' . , ' • . . . . • .. � � � � ' , . . ' � . � . • , • ' � ,.. � ' • �. . � . . ' I , . . ` , ; ' ` , r, , • ,. '. ,.r, ,•, ' , � � :i .. • . ' . ' , ' . . ' . , , . .� , . . . � ' �. } ' ' , � . �� . � � ' � . . . . • ,. . , . , . 1�.. 1 . �' , � F . . ` • . . . . . ' ; . . , . ' , �. � . ' i!" , . . <i . , � . . . ` , ' ' i �. • � . . • ' . . ` ' • ' . r. . t � . . , � , , .. • . . . ' . ' � " . ' � . � �� • � e . .. �' i. ' '7�i I ..1�.�. .�F, .` 3 ' Yi ,' .(� .. i. •. � . � .,,,,.���.. •.3a.c'i� � _...... . . ..- �..Ma��sl"'.Af'.,� `%�, .. ,'4: . ��',.�1 . . , . � . . . , . � . � . . ' . ' . � . .. . � 3 . , ' e ' . ' j�Mlir rr� � +'�;'`�'"�`���l�r�r�-'�- ; , � . . ��� ,�,;, f .�: ° ti� ' . �'#�. Y� ,�-,�,�i . ,; � 5 �� . � 4�, ; - ��1,..,�.r' 1 � T'��t.�`�,�;i''• . , ~' �r///Id1%�J :. C. I T Y 0 F C L E A R W� T E R. POST OFFICE BOX 4748 • � � CL�ARWA1'�R, �LOHIpA 3A818•4748 � Human Reeuuroos Daparimant 482•6870 TC}. H�nvrable Mayor ��nd Mcnibcrs of the City Commission �s Trtistces qf thc � Emplc�yccs' Pcnsion Plan � FRQM: Pcnsion Adyisc�ry Committcc COP�S: D��� Deig�an, Assistant Dircctor oi` Adminis�r�tivc ScrviccJFinancc Dircctar; Employcc's Filc SUB3�CT: Re�ular Pcnsion---David F. Pcrcz DATE: May 5, 1993 Th� P�nsion Advisory Committcc reccivcd �n application fvr rcgular pcnsion from David F. Percz on May 3. 1993. � Mr. PCIC'L was cmployed by Ehc City on Junc 4, 1973, and has bccn a particip�nt in thc Pensian Plan sir�ce Deccmbcr 5, 1973. The- amount of Mr. Percz' petzsian will Ue con�puted by the �inai�cc Dcp�rtmcnt at such ti�nc �s kiis l�s� fivc ycars ,of scrvicc and salt�ry can bc cateu�atec�. � ' By motion madc �nd duly c�rried �t its mceting of May 5. 1943, lf�c Pcnsinn Advisory Committec �ppra�cc�/rccommcndcd a rcgu��r pcnsion bascd on ycars of scrvicc for Davitl F. Per�z i�Z accordt�nCe witii Sectioty 2.39G of thc City Code. Tlzis peitsion wi11 hc cffcctive vn March �4, i994, ut ciir, cnd of tF�c day. � hereby ce�tify tltat tlic PC115IOIl Advisory Comntittc� has approved �hc grantiii�; of �i rcbulAr rctircment �cnsion t'ar David F. Pcrcz ancf thc abovc dn�cs arc cnrrcct. i• 'rman, Pcnsion Advisory Comn�ittcc ~ �'= �+i , r �'i.;r`�. , ��� . "[qunl Employmunt �nd Alfirmelive Aclion �mployar" . •�' . . .� ', . � ' ' ' , ; � , , . , ' . . . ' ..' . . . . , 1 .. S• • '. , , ' ' ' , . . ' . . ' . . . . , � � . . 1 � . , r . � � ' . . I � � . . � i ' • t � ' ,r, . , ,� . . , , � . • ' , '. ' - 1 . . I � ` ,� . � , ' , ' � .. . � , i 3 � . . .i' . . � � � . ' .� ' . • r . . ' ' ' . . � ' . ' . ` . •t ' . . " � . � . . ' � r � . r''�.1i�w� • . . eln.. . •. . . � � .uf�J"�• .f=I�r� r � ' . xi •. . .. '• •. ' . � . I .� 1 . . • ti . "� � � ' , •,' . � . . � � . I � . � . � PENSIUN REQUEST FQRM � ' �'� � nav.�a r. �erez da hercby apgly fnr retiremen� . I, . � frqm the City of Clearwater Geaeral Emptayecs' Pension Plafl. � .� � My bene�ts date ix D�Cem�er 5, 1973 . {Entry date ia,ta �ensio�n plan)� . � My tfat� of hire is �une 4, '3.973 � , � ' ' My birthdap is JuZ� 2s, 1.9g� Police Oifi,c�r � -�, My job C1aSSi�c.ation is and I work � ''. � ia �hc Policc Departrnent. par.zoi Di�isio�. � �� � . � . Ni y resignation date is_ �dreh 24, �.s�4 � � � • • The. typc of g�nsiqn for whict�. I am applying is (cbcck only oac): . , x Regutar Peasion basc� on years of service . � ' Job-conn�ctesi Disabiiity Pe�sio� � yon-jab-coanecied Disahility Pension � . My spnuse's nam� is: Dependeat chi�dren under the age af 18 and residing in my housebold �are: . (Print Ci�ild's Full Name) (Child's Datc of Birth) I hereby certify all of the above to be truo ans3 carsecr. � C � � .s�� �'-�. (� z�ur�.�93 � . , � � ` E�.ivU�-� � � (Gi.v✓ iDatc:) ' C . � (Notary Public} • . � � rrar�►�r �s�.sc s��� r� �to��94 � . �Y �O;�q�tYSSi�fl EXP SEI'T.24�1 • LOrL`£D THRU C�tiER1�L It15. Uli�. . i ,�,.. ' �� r� � • • .. � ' . f . . � . ' . . ` . . . ` . . . � � . , . . . ', � .� . ' . • ' i � I 1. ; 'S � . . ' . 1 � ' ' . . . . � . . A"y'..._r..n ' . 1 �� ., ' ' ... � , � . ' � �I..�.� � . .i� :%'i�. ... . � , , ��f' .. . . � , i E'. . ' . ' . . . � � , . . i � r � � • � � CITY OF CLEARNATE�t � ., � � GENERAL EMi'LQY�:ES' PENSION PL�N � � � ' . - � OPTYONS - pOLICE OFFICERS O�'TION #1: � Emplayecs can recaive � lump su�i Qayment for vacation aud holiday pay and 1/? af accrued sicfc leave �t the timc vf � , separation from ti�e City. There will ba no 84o deductipn �for ' pensian fram this I�mg sum payrnent nor will this �unount ' coun[ �s earnings in thc cnlculatian of the pension. Thc tast ,� ,' . � �, day of work will be thc terruiaation c3ate , �nd pensioQ benefits � •' will begia thc following day. QPTION #2: Emgloyee c�an extend tecmina�ioQ date by the tinne due far - (Qc�ly. `�vai9ahie ta. vacatian, hr�Iidny pay. and l/? of 'accrued sick le�ve. emplayees hired Tcrmination date will be the final day of extended tirae. }�rior ta 1011/9U) Pensian benetits wil! begin the falluwing day. �� � 4PT14N #3: . Emplayees can spiit their accurnulated sick tirae at '� (Only availahle to ona-qu�rter pay and onc-yuarter early retirement timc. Tha.c ' employees hired portion received as oae-quarter pay will not havc $�'Q I� priar to 1U11190) deducted for pension no� will it count �s earnings in the . � � �. caiculatian af the pension. The • gortion� �pplied toward early I . retiremer.t time wili be subject to the 3�o pension deduction ' . and wili count as earnings for peasion caiculatians. ' � Ter[nination date will be tt�e final d�y of extended tiine; • pension bencCits will be�in the following day. � � �w:�a���r*M+x*�*�*..**+h**�*w I. Davia r. Perez � , an employee af the City of . Cl�arwater, �tereby �pply for p�nsion be�efits under the Generai Emplvyces' � Pension Plan. � I hereby certify thac I fully understand the three options offered to me. I choosc to retire using Option #� 2 and wish my �enefits ta be calculatcd und�r this option. � i understand that ance lhis form is signed, my d�cisiou is irrevoca 1�. �] . � . r . , EMPLOYEE'S SIGNATUI2E: _ � �� Z `�" �OS-58—S'773 � SOCFAL SECiJRI�'Y #: _ ' WI i DDRES�: „ Z707 Green].ea i�rive � � � Clea�vrat�r, FL 34615-237.0 �� � r,e.r� DATE: MaY 3, 1993 , . Iw�r, .. , . . . . - . � ..