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09-29-1997<Y11I ... ?11? ' ? I .. ; • t, ' .e I I ? i •t? '•t ?; a'J` %l;•j'r.?kC;',..?11'1 '?i?^;t:p.orti,rr"1.:;.?rta??'I?? •1i 4., •0! s.?: of4 :kl .. i! .?`;'1• ys=h'?'s'°?' , SF". ?f`'P,-1?s`?' ,sY,.,t'-t :?, ?i: ?;' d ? ;.i:.'S•"'a4':F:ai::.:r: ?r} }'?;??;''{ ?,> z .. .s.^ ,Y a,i;t'a t; ,i '?, r} <''i• ? 1 i'•?,r, .r dl f s. :fl;°:I .'j'' `' '3 ?L'., t. ?L.=t..1 ?:??t:.a!},. d.v ,?{t€ Y?. :, Zt?e".??' .s.. nr I'.7:y3' :k.' ?. iF li•=t' •t.:: -qil''.'' ?,w: ,E4:;j'•?: :.r,,.. rl' ? .}' 'i'?:; <';' .P ?f??li -l , .Z„a F`t. ,(i??)•.hh ^f.tl °.A , sY .'ik .. t, 1(! I,ji r.-:, Y'.' 1... ',L?r?,. •.??. ?t.,.i.. ..? ? :.L,... f,•;?a, ?~ ?°1' k'ft'. ,q., '?xa?.?'• r`7.'ti„£{?t,.?")`;?; ?%. ...Jr.'.:.F<fr :i'i- :?i?°.4' ;`i `. `r:, .??,.. i',... :i: ','!?.•s q f. .li {i •1 ,t,:?''?.t ??SF.t t:'!',L.. E3 r? ?, G' :'i' ,`1: ;ii. :I. _ ,t e.;. ',t .r .f<.•' Si'' •r?. •i+ ?r. .?. .J1, ,(art' C°tl ,?'.)f'? ;•??, •?f: a'aL'ftt;., r' 1' i .li% a;n, rf< •.i: -rl?n 1??.7, 3'? L1. :.',.,3r..ul:`?. :?;o,aMs..,1r.•?. .•i- _, .F. -k,, ,•i. •`r.t,. .r:? <.; ''4e:' cs::n ,Y'?o ..I'r "s.;"C. tt t ?f' Is:ia ,.,i k! J,•? .I r' ;: .a :t;rati`:7?i...?: •?i /' :t: Af+r :•is sL, (.: 's. ,(i e'f: 'S. YI. •s?'. .'{? 4i?. 'iv'ii?r' !?. {S i.??r• 'I- .? .,t;' %y+.t l'sa :'? St'', '.?`'•r•?•:r ,`^ .'t. t ,61i.y ,,1r,1 .yi•.. :°:i>5:r ta..r^{r a .?cS?re ,.r .?a.?, r ': ?''.,. t., .r. !A ... °' •. - ? .. • ..; .. ` ,. Agen'da/,P.ekns-" a ', • ion 9?29aog3 4 1, ?.' + • ` • - r - ' .i ,' 1 . ,/ •` ? .t?' 1 • •?E. ' r ;? r ,l' . - ? i, . •' !?. ?fl? t .?v'r .15 t['??75?. ? f I1 ?'?`s ' ' 1 • 1 ?t['?.i1' .t<k' ?r•"nKs•r iS?'• y je?, (vrt.ft"-v???•.'? !' I?. .` [ 'J,1.4• '%r0.. ,.tr 1'q?:;../, ?`(f. '?? ?}'1 1 "+l::tl?:: j '?r •Itl3 1 ?? ?. 1.I... '/? .'!' •1 ? .?yF t??j '?•1 .}(, •? ' ! 1 i? 'AS t ,? r. .1 'J v - .4 , . .. kj. ACTION AGENDA Board of Trustees of the Employ ees, Pension Fund September 29 1997 , Call to order ' 1. 9;02 a.m. ' ' d 2.•' Approval of Minutes: 9/2197 2. Approved as submitted. ` 3. Request,for acceptance 3. Approved. into membership: I' a) Kenneth Cotton b) Michael Vaiilancourt c)- Tim Keene d).James Jackson e) Robert Carpenter ;,. '. f) David Veile g) Jere Jones h) Kelly Myrick ; 1) Jeanmar're Kabala ' j) Alien Mardis k)' Johnnie McFarlane ' I) Shawna Service :4. Regular Pension(s) to be granted: 4. Approved a.& b. a) John P.'Geisel, Jr. b) Donald A. Meerians 5. Pension to be vested: Terence C. 5. Approved, Jennings 6. Other Business: 6. None. 7. Adjournment: 7. 9:03 a. m..' Meeting Date: q• aq' q 7 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: September 11, 1997 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 column below, and it is the recommendation of the Pension. Advisory Committee that they be accepted into membership. Pension Elig. N- m J Class, & DeI2j.IDiv. Hire Data Date Kenneth Cotton, Maint. Worker I/Solid Waste 814197 814197 Michael Va'illancourt, Welder/Solid Waste 814/97 814/97 Tim Keene, Groundskeeper IlParks & Recreation 814197 814!97 James Jackson, Maint. Worker I/Parks & Rec. 8/4197 814/97 Robert Carpenter, Maint, Worker Ii/Parks & Rec: 814197 814197 David Veile, WWTP Operator Trainee/Engineering 814/97 814197 Jere Jones, WWTP Operator Trainee/Engineering 814197 814197 Kelly Myrick, Staff Asst. II/Police 6123/97 6123197 Jeanmarie Kabala, Comp. Ed. Coord./Info. Mgmt. 7114/97 7114197 Alien Mardis, Hum. Res. Specialist/OED 8118197 8118197 Johnnie McFarlane, Maint. Worker I/Solid Waste 8118/97 8118197 Shawna Service, Police Com. Oper./Police 417/86 717197 * * originally employed on 417186 full-time; changed to part-time on 3/3/97; returned to fuii-time on 7/7186. y7z-t-A-- Pension Advisory, Com' ee Chair e Trustees of the Employees' item #: Pension Plan Meeting Date: 9129197 Agenda Cover Memorandum SUBJECT: Pension(s) to be Granted RECOMMENDATION/MOTION: John P. Geisel, Jr., Gas Department, and Donald A. Meerians, Engineering 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. im and that the appropriate officials be authorized to execute same. BACKGROUND: John P. Geisel, Jr., Gas Service Supervisor, Gas Department, was employed by the City on October 2, 1967, and his pension service credit is effective that date, His pension will be effective on November 1, 1997. Based on an average salary of approximately $43,188 per year over the past five years, the formula for computing regular pensions, and Mr. Geisel's selection of the Life Annuity, this pension will approximate $39,863 annually. Donald A. Meerians, Assistant Traffic Engineer, Engineering Department, was employed by the City on July 3, 1978, and his pension service credit is effective on that date. His retirement will be effective on August 1, 1998. Based on an average salary of approximately $58,074 per year over the past five years, tho formula for computing regular pensions, and Mr. Meerians' selection of the Joint & Survivor Annuity, this pension will approximate $31,945 annually. Mr. Gelsel's and Mr. Meerians' pensions were approved by the Pension Advisory Committee (PAC) on September 11, 1997. 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. Mr. Geisel qualifies under the 30 years of credited service criteria and Mr. Meerians qualifies under the age 55 and twenty years of service criteria. Reviewed by: Legal Budget Purchaning Risk Mgmt. is ACM Other !NA Originating Department: Costa: HUMAN RESOURCES NA - L NNA User Department: A NA NA submitted by: City Manager 0 Printed on recycled paper s Total Current Fiscal Year Funding Source: ? capital 1wfavernant: Advertised: 0 Operating: Date: 0 other- Pension Paper: © Not Required Appropriation Code Affected Parties: 646.07410-514100-585-000 Q Notified E3 Not Required Commission Action: ? Approved ? Approved w/Conditions ? Denied ? Continued to, Attachments: ? None : 5 Trustees of the Employeesr Item # Pension Plan Meeting Date: 9129197 Agenda Cover Memorandum SUBJECT: Pension to be Vested RECOMMENDATION/MOTION: Approve request of Terence C. Jennings, Engineering Department, to vest: his pension under the provisions of Section(s) 2.397 and 2.398 of the Employees' Pension Plan as approved by the 'Pension Advisory Committee. ® and that the aDDronriate officials be authorized to execute same. BACKGROUND: Terence C.Jennings, Chief Engineer, Engineering Department, was employed by the City on March 15, 1976, and his pension service credit is effective on that date. Mr. Jennings resigned from City employment effective November 3, 1997. As of his resignation in November, Mr. Jennings will have approximately 21 112 years of service and pension participation. The Employees' Pension Plan provides that should an employee cease to be an employee of the City of Clearwater after completing ten (10) or more years of creditable service (pension participation), then such employee shall acquire a vested interest in the retirement benefits. Vested pension payments commence at the time the employee normally would have been eligible for retirement. Mr. Jennings would have completed at least twenty (20) years of service and reached age 55 on June 26, 2005, His request to vest his pension was approved by the Pension Advisory Committee on September 11, 1997,. and will be effective July 1, 2005. Reviewed by: NA Legal NA Budget NA Purchasing NA Risk Mgmt. NA IS NA ACM Other NA Submitted by: City Manager 0 Printed on recycled paper Odginatinp Department: HUMAN RESOURCES User Advertised: Date: Paper: O Not Required Affected Potties: ? Notified ? Not Required Casts: Funding Source: ? Capital Improvemenit ? Operating. ? Other: Pension Current Appropriation Code 646-07410-514100-585-000 Commission Action: $ ? Approved Total El Approved wlConditions ? Denied Year ? Continued to: Attachments: ? None i