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V :. . • s .r . , g -ACTION AGENDA ' Board of Trust ees of the Employees' Pension Fund August: 15, 1994 • ??W',=. • 1' ,' ? ? • T. Call to order ? • ' ' . , ' : 1. ? • 10:25 a.m. a`... 2: Approval of Minutes 2. Approved as submitted, . of 7/18/94 3. Request for acceptance ° 3. Approved. into membership: „ . a) Wanda, M.'Johnson .' b) Reece Kilner c)"Thomas G.'Simak; ; d) Dorothy Morrow e) Wendell C. Brown ' f) Oliver Matthews 9). Mark 1Fichtner h) William Palisano i) Michael Roy j). William P. Warkenthein, k) Jerald Davis [)'Randall Coffin n John D. Cressman . n) Carrie Huntley o) Jeffrey Brooks P) Brenda Mahoney q). Michael P. Circle r) William Hastie. 4. Regular Pension to be grant ed: 4. Granted. Barbara Weston 5; Other Business: "5. None.. Adjournment: 6. 10:26 a.m. I 4 t ?. TRUSTEES OF THE EMPLOYEES' PENSION FUND Item # Agenda Cover' Memorandum Meeting Date: 1311.51.9.4 Subject: Membership in Employees' Pension Plan [.1 Recommendation/Motion: Employee(s) listed below be accepted into the Employees' Pension Plan as recommended by the Pension Advisory Committee. and that the appropriate officials be authorized to execute same. BACKGROUND: C Wanda M. Johnson, Police Ser. Tech. Reece Kilner, Beach Guard Thomas G. Simak, Gas Tech. I Dorothy Morrow, Staff Asst. I Wendell C. Brown, . Maint. Worker I Oliver Matthews, Maint. Worker I Mark Ficlrtner, Equip. Operator I William Palisano, Tradesworker I Michael Roy, TV Production Specialist William P. Warkenthein, Elec. Tech. Jerald Davis, Tradesworker I Randall Coffin, Maint. Worker II John D. Cressman, Maint. Worker it Carrie Huntley, TV Production Spec. Jeffrey Brooks, Maint. Worker 1 Brenda Mahoney, Cashier 11 Michael 'P. Circle, AC Technician William Hastie, Maint. Worker 11 Reviewed by: Legal N6 Budge) Purchasing _ NA Risk Mgmt. _NA Cis _ NA ACM ?-• Other NA Submitted by: Originating Dept: Human Resources User Dept.: Advertised: Date: Paper: Not required Affected parties ? Notified 0 Not required Seniority Pension pgpt,(Div, nice Effe??ate Police 7113192 3/5/94 Marine 6/13/94 6/13/94 Gas 6/ 13194 6/ 1 3194 GS/Fleet Maint. 6/27/94 6/27/94 Parks & Rec. 6/27194 6/27194 Pub. Wks./Solid Waste 6127194 0127194 Pub. Wks./Solid Waste 6127194 6/27/94 GS/Bldg. & Maint. 6127/94 6/27194 DOAS 6127/94 6/27194 Pub. Wks./Trans. 711 1194 7/11194 GS/Bldg. & Maint. 7/ 1 1194 7/1 1/94 Pub. Wks./Pub. Ser. 7111194 7111194 Parks & Rec. 7/ 1 1194 711 1/94 DOAS 7l 1 1/ 9 4 7/ 1 119 4 Parks & Rec. 7/ 1 1194 711 1194 DOAS/Customer Ser. 7/ 1 1 /94 711 1/94 GS/Bldg. & Maint. 7/ l 1 /94 711 1194 Parks & Rec. 711 1 /94 7/ 1 1 /94 Costs: I v101 Commission Action: ? Approved ? Approved w/conditions ? Denied ? Continued to: VL110111 1 1 Funding Source: ? Capt. Imp. ? Operating ? Other Appropriation Code: Attachments: Letter(s) ? None Citv Manager j CITY OF CLEARWATER EMPLOYEES' PENSION PLAN PENSION ADVISORY COMMITTEE TO: Pension Trustees FROM: Pension Advisory Committee SUBJECT: Recommendation for Acceptance into Pension Plan DATE: July 20, -1994 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". These,, employees are eligible for pension membership as noted . in the Pension Eligibility Date colum, below, and it is the recommendation of the Pension Advisory Committee that they be accepted into membership. Pension Elig. Nnale. Jib,. Claris G._12rpt,/Div. Birth Date Hire DW Date Wanda M. Johnson, Police Service Technician, Police, Department 1/5/65 7113192 3/5194* . *Employee hired from permanent part-tithe to full-time permanent status. Hire date reflects date hired as permanent part-time'. Reece Kilner, Beacliguard, Marine Dept. 11/23/68 6113194 6113194 Thomas G. Siniak, Gas Tech 1, Gas System 5120154 6113194' 6/13194 Dorothy Morrow, Staff Asst, I, General Services/Fleet Maint. 1014147 6127194 6127/94 Wendell C. Brown, Maintenance Wkr. 1, Parks & Recreation Department 8123/63 6127194 6127194 Oliver Matthews, Maintenance. Wkr, I, Public Works/S,W.Dept. 10/27151 6/27194 6/27/94 Mark Fichtner, Equipt. Op. I., Public Works/S.W. Dept. 12/20158 6127194 6127194 William Palisano, Tradesworker I, l 1 / 17163 6/27/94 .6/27/94 Gen. Svcs./Bldg. & . Mnint. Michael Roy, TV Production Specialist, 811156 6/27194 6/27194 DOAS William P. Warkenthein, Electronics Technician, P.W./Transp. 213164 711 1/94 711 1194 °. 4}'•,`h?[Ati:+ :.11: ±r. y ?'?, 3?rR'?y_x?; y `'l.r'.??;y,? rY??'L?l=?.,. ?' *: Lei'): < . # ?.t.,' •'• S!'[f'?SF. h" `, s G?a4 ??g!' . lit R ' ' l ?"v ?. ?4, 't•'I- i ?.: F ' ' .,?. ;.i i•.s.F.! '} •.rf s';i;' • . 'F'' ?f, , f ? ' i rya, " 7?`.r! = „?..:,F 'G ` l S 5. il .I .? :.. 4., .. ?a !:, :?"• : t,h•.,? ,. is<,..5 ! .. '4r S '"r% .: , ? ='1 ? ?y s , . 1. 1 !' .., ?'S: S I - .. fy'.I'., r' .. ? - . _E Page 2 Recommendation for' Acceptance' Into Pension Plan' July' 20, 1994 ' r. Pension Elig. Birth Date " it C. ate ' Date. Jerald Davis, Tradesworker 11 9117141. 711 1194 711 1194 General Svcs./Bldg. & Maint. ,?. Randall 'Coffin: Maintenance 'Mr.' 11, 5126153 711 1194 7/11194 . , Public Works/Public Service John D. Cressman, Maint, Wkr. 11, 1 / 19/65 711 1194 7/ l 1194 Park`s" & "Recreation Department. Carrie Huntley, TV Production Specialist, 2/7166 711 1/94 ' 7) 1.1/94 ' DOAS . Jeffrey Brooks,' Mairit. Wkr. 1, 12/24/67 7/1 1/94 711 1/94 Parks & Recreation -Dept. Brenda ', Mahoney, Cashier 'll, DOAS/UCS 7119168 7/1 1194 71/1 1194 ' Michael' P. Circle, Air. Conditioning " " Technician, Gen,` Svcs./Bldg. & Maint, 813/68 " 711 1/94 "711 1194 r William Hastie, Maint. Wkr. 11, r17 Parks'& Recreation Dept.. 519/70 7111194 7111194 S h I 1 1 - s " TRUSTEES OF. THE EMPLOYEES' PENSION FUND t ` Agenda Cover Memorandum ? and that the ap ropriate oflicials be authorized to execute same. BACKGROUND: n 'r Subject: Pension to, be Grunted. Recommendatfon/Motion: Barbara Weston, Cash & Investments Manager, Administrative Services Department, be granted a regular pension under Section(s) 2.396 of the Employees' Pension Plan as recommended by t h e Pension Advisory Committee. N! t Mal Item # Meeting Date: 8/ j 5/94 Barbara Weston, Cash & Investments Manager, Administrative Services Department, was employed by the City on October 26, 1971, and began participating in the Pension Plan U n April 26, 1972, Her retirement will be effective on April 27, 1995, at the beginning; of the day, Ms. Weston's pension was approved by the Pension Advisory Committee at its meeting of July 20, 1994. Based on an average salary of. approximately $50,310 over the past five years and t h e formula for computing regular pensions, Ms. Weston's pension will approximate $28,928 annually. Charts from Finance which take into consideration mortality rates and age reflect the "present value cost.of financing" this pension will be approxim?itely $302,391. Note: When Ms. Weston was originally employed, pension deductions were not taken for the first six months and employees contributed to Social Security. When employees were given an option to buy back their first six months of service, Ms. Weston chose not to exercise such option. Originating Dept: Costs: $392,391 Human Resources n Total Reviewed by: Legal NA- - Budget NA Purchasing NA Risk Mgmt. NA CIS ------ NA _- ACM _k,::?! /[-. _ Other AA Submitted by: User Dept.: I Current FY Funding Source: Advertised: ? Capt. imp. Date: ? Operating Paper: ? Other P.gnslonT_ ? Not required Affected parties Appropriation Code: ? Notified ? Not requlrad 040.07410-2530100.585 Commission Action: ? Approved ? Approved w/conditions ? Denied ? Continued to: Attachments: Letter(s) ? None Human Resources Department 8101482.8870 C I -T Y O F C L E A R W- A T' E R POST OFF ICE BOX 4748 CLEAR WATER. FLORIDA 34 818.4748 -TO: Honorable Mayor and Members-of the City Commission as Trustees of the Employees' Pension Plan FROM: Pension Advisory Committee COPIES: Debbie Bailey, Payroll Services Manager Employee's File SUBJECT: Regular Pension---Barbara Weston DATE: July 20, 1994 The Pension Advisory Committee received an application ' for regular pension from Barbara Weston on July 19, 1944. Ms. Weston was employed by the City on October 26, 1471, and has' been a participant in tile Pension Plan since April 26, 1972. The amount of Ms. Weston's pension will be computed by the Finance Department at such time as her last five years of service and salary can be calculated. By, motion made and duly carried tit its meeting at' July 20, 1994, the Pension Advisory Cotnmitlec 'approvedlrecomntended a regular pension based on years of service for Barbara Weston in accordance with Section 2.396 of the City Code. This pension will be effective on April 27, 1995, tit the beginning of the clay. I hereby, certify that the Pension Advisory Committee has approved the granting of a regular retirement pension for Barbara Weston and the above dates are correct. Chairman, Pension dvisory Committee "Equal Employment and Allirmative Actlon Employer'' PENSION REQUEST FORM I. • Barbara Weston do hereby apply' for retirement from the City of Clearwater General Employees' Pension Plan. ` My. benefits date is April 26, 1972 (Entry date into pension plan) M y . date, of hire is October 26,'1971 My birthday is 19arch •29, 1940 My job classification is Cash & Investments Manager and I wont in the Administrative Services Department, Finance Division . My resignation date is April 26, 1995 The type of, pension for which. I am applying is (check only one): x Regular Pension based on years of service Iab-connected Disability Pension Non-job-connected Disability Pension My spouse's name is: Charles Edward Dependent children under the age of 18 and residing in my household are: (Print Child's Pull Name) (Child's Date of Birth) I hereby certify all of the above to be true and correct: (Signature) Sulu' 18, 994 (Date) STATE OF FLORIDA h fo egoing str[ ent vkas- acknowledged before me this COUNTY OF PINELLAS by , wh is p sonally known t me or who has produced (Ns'identifigjionAand wl}o did/did not take an oat `;nn b?y Public (Signature) MY COMMISSION [XPIRES;?S#E+PT. 24. 1994. aotifl?o' 1 1?ffittKion 1Voocmw. nwrirsH54 (Name of Notary Printed) J.M. sY ?`C?••.°r ?, ' ,:.?t'"r;•"?.. . PY sA,? ?f, ?' r-fa t 'ft fit ,iii;'•1' F CITY 'OF CLEARWATER GENERAL EMPLOYEES' PENSION PLAN OPTIONS - GENERAL EMPLOYEES OPTION .#l-.. Employees can receive a lump sum payment for vacation and holiday pay and 112 of accrued sick leave at the time of separation from the City. There will be no 6.% deduction for pension from this lump sum payment nor will this amount co u n t as earnings in the calculation of the pension. The last day, of work will be the termination date and pension benefits will begin the following day. OPTION #2: Employee can extend termination date by the time • due for vacation, holiday pay, and 112 of accrued sick leave. Termination date will be the final day of extended time. Pension benefits will begin the following day. (Only available to employees hired prior to 1011190,) Y Barbara Weston an employee of the City of Clearwater, hereby apply For pension benefits ' under the City's Employees' Pension Plan. I hereby certify that i fully understand the two options offered to me. I choose to retire using Option # 2 and wish my benefits to be calculated under this option. I understand that once this form is signed, my decision is irrevocable. EMPLOYEE'S SIGNATURE:.P SOCIAL SECURITY 297-34-5970 604 Washington Street DRESS- Oldsmar, FL 34677 July 18, 1994 DATE