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Approval of Minutes:. 2116199 - Approved as submitted. 3. , Request for acceptance into membership; Yvette. Poisson, Ami Dicataido, Jean M. Peeke, Jason Barlet, Miglena Moseley, &,Erin Driscoll - Approved. = 4: Regular- Pe.nsiori{s} to be. granted: Peter St. Martin, Alton W. Brown, Jr., John. Downs & Steven Kelly - Approved. 5. Request to buy back previous pension service credit as approved by the PAC: ."Kenneth Donagan'= Approved with no,interest being required.. 6.',.' Other Business - Motion to reduce the interest amount-for Jeff Harper's buy-back into the PenisIon Plan to 5% carried unanimously. f'; 7. :Adjourn - 9:31 a.m.. .Se bar ;?1. ::'':._ . , .,,.,..., ...v.4r ,.}.. c.ir,'9 •f ;,rfa? •.a '7S'•.r`.'.4 . ,. 'i i r'. •? , , 4 ,.?. 5?' . , . .. ., '•i .. .. . . r. Meeting Date:. Approved by Trustees 9 CITY OF CLEARWATER EMPLOYEES PENSION PLAN ; PENSION ADVISORY COMMITTEE TO: Pension Trustees FROM: Pension Advisory Committee I SUBJECT:' Recommendation for Acceptance Into Pension Plan DATE: February 11, 1999 As Trustees of the City of Clearwater Employees' Pension f=und, you are hereby notified that the empioyea(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 data to 1537.9 out of 1735.5 budgeted positions (inc(uding'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. Manejoh- Q1Sj.&QQDt-LQLV. Hire-Date PM Yvette Poisson Human Resources Technician /Finance 312198 112199 • , Ami Dicataido, Customer Service Rep./Gas 1119199 1119199 Jean M. Peeke, Customer Service Rep./Gas 1119/99 1119199 Jason Barlet, Motor Reader I/Customer Service 12/16/98 12/18/98 Migiena Moseley, Systems Analyst/Progrommer I]/Gas 1119/99 1/19/99 Erin Driscoll, Customer Service Rep./Ping, & Dev, Services 114199 1/4/99 ' 'originally hired part-time on 3/2/98; changed to full-time)J 12/99, D ension Advisory Comryi`yftee Chair Trustees of the Employees' Pension Plan Agenda Cover Memorandum JOW Agenda Item 0 _ 1? Meeting Date: 3115199 SUBJECTiRECOMMENDATION: Peter St. Martin, Fire Department; Alton W. Brown, Jr., Fire Department; John Downs, Fire Department, and Steven Kelly, Planning & Development Services Department, be granted regular pensions under Section(s) 2.393 and 2.397 of the Employees' Pension Plan as approved by the Pension Advisory Committee. ® and that the a ro riate officials be authorized to execute same. SUMMARY: Peter St. Martin, Firefighter, Fire Departmant, was employed by the City on January 17, 1972, and his pension service credit is effective on that date. His pension will be effective March 1, 1999. Based on an average salary of approximately $40,246 per year over the past five years, the formula for computing regular pensions, and Mr. St. Martin's selection of the 100% Joint & Survivor Annuity, this pension will approximate $29,545 annually, ?ttian IiV. 'rovirn Jr." Firefighter/QflrVer-Operator; . Fire ? Department, ?vvas employed by the City on December 17, 1973, and his pension service credit is effective on that date. His pension will be effective March 1, 1999. Based on an average salary of approximately $41,882 per year over the past five years, the formula for computing regular pensions, and Mr. Brown's selection of the 100% Joint and Survivor Annuity, this pension will approximate $28,329 annually. John M. Downs, Firefighter/Driver-Operator, Fire Department, was employed by the City on January 15, 1973, and his pension service credit is effective on June 15, 1973. His pension will be effective March 1, 1999. Based on an average salary of approximately $41,202 per year over the past five years, the formula for computing regular pensions, and Mr. Downs' selection of the 100° Joint and Survivor Annuity, this pension will approximate $28,415 annually. Reviewed by: Originating Department: Casts: Commission Action: L.aual NA HUMAN RESOURCES i ? Approved Budget NA "Z:- Total ? Approved w/Conditions Purchasing NA User Department: ? Denied Risk Mgmt. NA Current Fiscal Year ? Continued to: Is NA Funding Source: ACM ? capita Imp+ovemant: other NA Advertised: ? Op.rating: Data: ? Attachments- Other. Pension Paper: Submlttod by: 0 Not Required Appropriation Code Affected Parties: 646.07410-514100-585.000 ? Notified ? None Chy Manager ? Not Required 40 Printed an racyctad paper Regular Pensions Page. 2 March 15, 1999 Steven, Kelly, Building . Construction Inspector ll, Planning & Development Services. Department, was employed by the City on October 20, 1971, and his pension service credit is effective on that date. His'pension will be effective April 1, 1999. Based on an average salary of approximately 042,667 per year over the past five years, the, formula for computing regular pensions, and Mr. Kelly's selection of the 100% Joint & Survivor Annuity, this pension will approximate $31,591 annually. These. pensions were approved by the Pension Advisory Committee on -February 11, 1999. Section 2.393 fp? 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 Firefighter an'd Firefighter/Driver-Operator as meeting the hazardous duty criteria. Mr. St. Martin, Mr. Brown, and Mr. Downs qualify under the hazardous duty criteria. Section.2.393 tp1 also 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. Kelly qualifies under the age 55 and 20 years of service criteria. s'. .o Trustees of the Employees' Penslon Plan %Ut Agenda Item # Agenda Cover Memorandum Meeting Date: 3/15/99 SUBJECT/RECOMMENDATION: Kenneth Donagan, Police Sergeant, Police Department, be allowed to buy back his previous pension service credit as approved by the Pension Advisory Committee. © and that the appropriate officials be authorized to execute same. SUMMARY: Kenneth Donagan, Police Sergeant, Police Department, was originally employed by the City of Clearwater as a Police Officer on April 8, 1974. Mr. Donagan resigned from the City on September 2, 1983, after 9 %z years of service and withdrew his pension contributions in the amount of $10,614,81. On October 31, 1983, Mr. Donagan formally requested a withdrawal of his resignation under the appropriate Civil Service Rule. His request was approved and he returned to work as a Police Officer on February 6, 1984. Upon his return, Mr. Donagan's seniority date was adjusted by 156 days, the number of days he was actually gone, as is done in any case where an employee withdraws a resignation. Additionally, Mr. Donagan was credited with all his benefits, including sick leave and vacation. At that time, Mr. Donagan made a request to pay back the monies he had withdrawn from the Pension Plan. Then Assistant City Manager Gerald Weimer recommended that Mr. Donagan not be allowed to pay back the money due to the future actuarial impact on the Pension Plan. Mr. Donagan's request was denied. Over the years, Mr. Donagan has made several requests to buy back his pension service credit. On February 11, 1999, Andra Dreyfus, attorney for Mr. Donagan, made a presentation to the Pension Advisory Committee requesting that Mr. Donagan be allowed -to pay back the original amount withdrawn and receive credit for his original period of employment. It was the consensus of the Committee that Mr. Donagan should be allowed to buy back this time to remedy an inequity caused by a past arbitrary decision. Upon a motion duly made and seconded, the Committee unanimously approved this request. This matter is now being forwarded to the Pension Trustees for consideration. Reviewed by: Qrlflinating Department: Legal NA HUM SOURCI=S Budget NA ,7 /? 6- Purchasing NA US& Department: Risk Mgmt. NA is NA ACM Other NA Advertised: Dale: Submitted by: City Manager Paper- 0 Not Required Affected Parties: 0 Notified ? Not Required Costs: Commission Action: $ ? Approved Total ? Approved w/Conditions 13 Denied Cllrrenl rural Year ? Continued to. Funding source; ? Ca1111A hnptomfirnl, C] 0111rr: Attachments: Pension Approprialioll Code 646-07410-5'14101).5115-0011 ? None 0i Printed on recycled paper