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04-02-2001Agenda/Pension 4-2-01 ACTION AGENDA Board of Trustees of the Employees' Pension Fund April 2, 2001 1. Call to Order - 9:01 a.m. 2. Approval of Minutes: 1/25/01 & 2/12/01 - Approved as submitted. 3. Request for acceptance into membership: Charles Ashe, Adam Leach, Julie Tynefield, Douglas Lovejoy, Phillip Charles, Maria Quioco, Suzanne Hamilton, Michele Jaworck, James West, Heather Shell„ Jessica McLucas, Sheldon Goodloe, Julian Johnson, Antonis Magganas, John McQueeney, Tracey Reed, Gregory Browning, Derek Higgins, Tim LaVechia, Marralyn Malcolm-Smith, Bridgett Vinson, & Travis Lowe - Approved. 4. Regular Pension(s) to be granted: Howard Huff, Gerald McDevitt, Wayne Tiggett, & Jerry Worsham - Approved. 5. Request for Survivor's Pension: Dianne Sedrick - Approved. 6. Pension(s) to be vested: Deborah Earney & Albert Chaffer - Approved. 7. Request to buy back previous pension service credit: James Kleinsorge - Denied. 8. Other Business - None. 9. Adjourn - 9:08 a.m. 3 Meeting Date: 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: February 8, 2001 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". The employment of these individuals brings the number of FTE's as of this date to 1664.77 of 1799.3 budgeted positions (including 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. Name, Job. Class, & Dept./Div. Hire Date Date Charles Ashe, Police Cadet/Police 1/8/01 1/8/01 Adam Leach, Maintenance Worker I/Solid Waste 8/1 /00 1/15/01 Julie Tynefield, Customer Service Flepresentative/Customer Ser. 1/16/01 1/16/01 Douglas Lovejoy, Welder/Solid Waste 1/16/01 1/16/01 Phillip Charles, Public Service Technician I/Public Services 1/16/01 1/16/01 Maria Quioco, Utilities Chemist/Public Utilities 12/2100 12/2/00 * originally employed as temporary; changed to full-time and pension eligible as of 1 /15/01 Pensi dviso6P:Tmmittee*%?air 3 Meeting Date: TO: Pension Trustees Approved by Trustees: CITY OF CLEARWATER EMPLOYEES' PENSION PLAN/ PENSION ADVISORY COMMITTEE FROM: Pension Advisory Committee SUBJECT: Recommendation for Acceptance into Pension Plan DATE: March 8, 2001 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". The employment of these individuals brings the number of FTE's as of this date to 1675.41 of 1799.3 budgeted positions (including 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. Name, Job. Class, & Dept./Div. Hire Date Date Suzanne Hamilton. Library Assistant/Library 1/27/01 1/27/01 Michele Jaworck, Recreation Leader/Parks & Recreation 1/29/01 1/29/01 James West, Public Service Technician I/Public Utilities 1/29/01 1/29/01 Heather Shell, Staff Assistant I/Fire 1/29/01 1/29/01 Jessica McLucas, Systems Analyst/Information Technology 1/29/01 1/29/01 Sheldon Goodloe, Solid Waste Worker/Solid Waste 2/12/01 2/12/01 Julian Johnson, Solid Waste Worker/Solid Waste 2/12/01 2/12/01 Antonis Magganas, Accounting Clerk/Gas 2/12/01 2/12/01 John McQueeney, Gas Technician I/Gas 2/12/01 2/12/01 Tracey Reed, Systems Analayst/Library 1/16/01 2/10/01 Gregory Browning, Public Service Technician I/Public Utilities 2/12/01 2/12/01 Derek Higgins, Public Service Technician I/Public Utilities 1/29/01 1/29/01 Tim LaVechia, Field Service Representative/Customer Service 1/16/01 1116/01 Marralyn Malcolm-Smith, Housing Coordinator/Ping. & Dev. Ser. 2/20/01 2/20/01 Bridgett Vinson, Police Information Technician I/Police 2/12/01 2/12/01 Travis Lowe, Custodial Worker/Parks & Recreation 2/26/01 2/26/01 originally hired 1/16/01 as part-time; status changed to full-time and pension eligible as of 2/10/01 Pension Advisory Committee Chair ?gEAt",c _ Trustees of the Final Agenda Item # 99??+rEmployees' Pension Plan Meeting Date: 4/2/01 Agenda Cover Memorandum SUBJECT/RECOMMENDATION: Howard Huff, Public Works Department; Gerald McDevitt, General Support Services Department; Wayne Tiggett, Fire Department, and Jerry Worsham, Fire 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 appropriate officials be authorized to execute same. SUMMARY: Howard Huff, Utilities Coordinator, Public Works Department, was employed by the City on September 8, 1964, and his pension service credit is effective on that date. His pension will be effective April 1, 2001. Based on an average salary of approximately $54,242 per year over the past five years, the formula for computing regular pensions, and Mr. Huff's selection of the 100% Joint & Survivor Annuity, this pension will approximate $53,251 annually. Gerald McDevitt, Fleet Services Coordinator, General Support Services Department, was employed by the City on January 20, 1975, and his pension service credit is effective on July 28, 1975. His pension will be effective April 1, 2001. Based on an average salary of approximately $49,973 per year over the past five years, the formula for computing regular pensions, and Mr. McDevitt's selection of the joint & Survivor Annuity, this pension will approximate $34,466 annually. Wayne Tiggett, Fire District Chief, Fire Department, was employed by the City on July 23, 1974, and his pension service credit is effective on January 6, 1981. His pension will be effective February 1, 2001. Based on an average salary of approximately $50,346 per year over the past five years, the formula for computing regular pensions, and Mr. Tiggett's selection of the 100% Joint & Survivor Annuity, this pension will approximate $27,402 annually. Jerry Worsham, Fire Deputy Chief/Logistics, Fire Department, was employed by the City on February 14, 1977, and his pension service credit is effective on that date. His pension will be effective March 1, 2001. Based on an average salary of approximately $54,656 per year over the past five years, the formula for computing regular pensions, and Mr. Worsham's selection of the 100% Joint & Survivor Annuity, this pension will approximate $35,522 annually. Reviewed by: Originating Dept: Costs Legal NA Info Tech NA Debbie Ford/Human Resources Total Budget NA Public Works NA User Dept. Funding Source: Purchasing NA DCM/ACM c't""l'"'r"o"emeW Current Fiscal Year Risk Mgmt NA Other NA Attachments OMx'ng o0w Appropriation Code: Submitted by: 0 None City Manager Printed on recvcled oaoer Rev. 2/98 Regular Pensions Page 2 April 2, 2001 These pensions were approved by the Pension Advisory Committee on March 8, 2001. Section 2.393 (p) provides for normal retirement eligibility when a participant has reached age 55 and completed twenty years of credited service, has completed 30 years of credited service, or has reached age 65 and completed ten years of credited service. Section 2.393 (p) also 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 Fire District Chief and Fire Deputy Chief/Logistics as meeting the hazardous duty criteria. Mr. Huff qualifies under the age 55 and 20 years of service and the 30 years of service criteria, Mr. McDevitt qualifies under the age 55 and 20 years of service criteria, and Mr. Tiggett and Mr. Worsham qualify under the hazardous duty criteria. °' fQ Trustees of the u ? -f c Final Agenda Item r< 9??ATE Employees' Pension Plan 4/2/01 Agenda Cover Memorandum Meeting Date: SUBJECT/RECOMMENDATION: Dianne Sedrick, widow of William Sedrick, Police Department, be granted a death benefit under Section 2.397 of the Employees' Pension Plan as approved by the Pension Advisory Committee. and that the appropriate officials be authorized to execute same. SUMMARY: William Sedrick, Police Sergeant, Police Department, was employed by the City on January 8, 1973, and his pension service credit is effective on that date. Mr. Sedrick passed away on December 21, 2000. Dianne Sedrick, widow of William Sedrick, applied for death benefits on February 28, 2001. Mr. and Mrs. Sedrick were legally married on June 26, 1982, thereby entitling her to death benefits under provisions of the Employees' Pension Plan. Mrs. Sedrick's request for death benefits was approved by the Pension Advisory Committee on March 8, 2001. The amount of Mrs. Sedrick's pension will be computed by the Finance Department at a later date. This pension will be effective January 1, 2001. Based on an average salary of approximately $54,617 per year over the past five years, this pension will approximate $42,026 annually. Reviewed by: Originating Dept: Costs Legal NA Info Tech NA Human Resources Total Budget NA Public Works NA User Dept. Funding Source: Purchasing NA DCM/ACM eapilaltmpm%ement Current Fiscal Year Risk Mgmt NA Other NA Attachments Operating ti-y Other Appropriation Code: Submitted by: O None r City Manage PA-t-4 nn rnrvrlM nanar Oo.. WON SEAL. ? Trustees of the ??_ o Final Agenda Item # 9q?y?lTEp`??°? Employees' Pension Plan Meeting Date: 4/2/01 Agenda Cover Memorandum SUBJECT/RECOMMENDATION: Deborah Earney, Public Works Department, and Albert Chaffer, Police Department, be allowed to vest their pensions under Section(s) 2.397 and 2.398 or the Employees' Pension Plan as approved by the Pension Advisory Committee. and that the appropriate officials be authorized to execute same. SUMMARY: Deborah Earney, WWTP Operator C, Public Works Department, was employed by the City on March 18, 1985, and her pension service credit is effective on that date. She terminated from City employment on July 31, 1999. Albert Chaffer, Police Telecommunicator, Police Department, was employed by the City on March 22, 1982, and his pension service credit is effective on that date. He terminated from City employment on March 9, 2001. The Employees' Pension Plan provides that should an employee cease to be an employee of the City of Clearwater after completing ten or more years of creditable set-vice (pension participation), then such employee shall acquire a vested interest in the retirement benefits. Vested pension payments commence on the first of the month following the month in which the employee normally would have been eligible for retirement. Section 2.393 (p) provides for normal retirement eligibility when a participant has reached age 55 and completed twenty years of credited service, has completed 30 years of credited service, or has reached age 65 and completed ten years of credited service. Ms. Earney would have completed twenty years of service and reached age 55 on February 20, 2010. Her pension will be effective on March 1, 2010. Mr. Chaffer would have completed twenty years of service and reached age 55 on March 22, 2002. His pension will be effective on April 1, 2002. These requests were approved by the Pension Advisory Committee on March 8, 2001. Reviewed by: Originating Dept: Costs Legal NA Info Tech NA Debbie Ford/Human Resources Total Budget NA Public Works NA User Dept. Qom/ Funding Source: Purchasing NA DCM/ACM IY'- eapf.,fo1,nrovemellf Current Fiscal Year Risk Mgmt NA Other NA Attachments oc,errfing ? ? C31her Appropriation Code: Submitted by: ? None r City Manage Printed nn ?ecvried naner DPW- WOR SEAI¦- l 9?w?ITElWk Trustees of the Employees' Pension Plan Agenda Cover Memorandum Final Agencla Item # Meeting Date: 412/01 SUBJECT/RECOMMENDATION: James Kleinsorge, Police Officer, Police Department, be denied the right 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: James Kleinsorge, Police Officer, Police Department, was originally employed by the City of Cleawater as a Police Officer on December 30, 1991. Mr. Kleinsorge resigned from the City on February 11, 1994, and withdrew his pension contributions in the amount of $4,667.13. Mr. Kleinsorge formally requested a withdrawal of his resignation under the appropriate Civil Service Rule. His request was granted and he returned to work as a Police Officer on August 6, 1994. Upon his return, Mr. Kleinsorge's seniority date was adjusted by 175 days, the number of clays he was actually gone, as is done in any case where an employee withdraws a resignation. Additionally, Mr. Kleinsorge was credited with all his benefits, including sick leave and vacation. At that time, although no provision existed in the ordinance, the Pension Advisory Committee (PAC) and the Pension Trustees established a policy for repayment of contributions when an employee returns to work after withdrawing his resignation. Under this policy, a returning employee had two weeks from the date of his return to advise the PAC in writing of his intention to repay his contributions. Upon notification to the PAC, the employee had 90 days from the date of return to repay the fund. By letter dated July 20, 1994, from H. Michael Laursen, Human Resources Director, Mr. Kleinsorge was provided with a copy of this policy. Upon his reemployment, Mr. Kleinsorge took no action regarding his pension contributions. He was readmitted to the Pension Plan with an eligibility date of August 6, 1994. Several years ago when the PAC and Trustees were considering the buy back requests of David Krieger and Leonard Marotta, Mr. Kleinsorge also made a request to buy back his previous time. The PAC and Trustees took no action on this request upon the advice of their pension attorney. On February 8, 2001, Mr. Kleinsorge's attorney Andra Dreyfus again presented his request to the PAC and the request was denied. This matter is now being forwarded to the Pension Trustees for consideration. Reviewed by: Originating Dept: Costs Legal NA Info Tech NA Debbie Ford/Human Resources Total Budget NA Public Works NA User Dept. / d Funding Source: Purchasing NA DCM/ACM l b cdpll,lI ImpimelywM Current Fiscal Year Risk Mgmt NA Other NA Attachments crl+l? Appropriation Code: Submitted by: O None City Manage r PAn/rd nn rrrvrIM nanrr Rev. 2/98