12-10-2001Agenda/Pension
12/10/01
ACTION AGENDA
Board of Trustees of the Employees' Pension Fund
December 10, 2001 - 1:00 p.m.
1. Call to Order
2. Approval of Minutes: 11/13/01 - Approved
3. Request for acceptance into membership: Bradford Cheek, Jr, Donald
Flemming, Saphire Reedinger, Andrew Yeldon, Jamie Thomas, Cathy Adams,
Jennifer Rush, Jerry Rutigliano, Susan Jenkins, Denise Balog, Gregory Hart, Gary
Hutchinson, Joseph Walden. - Approved
4. Regular Pension(s) to be granted: Franklin Daly Jr, Paul H Cherry - Approved
5. Pension(s) to be vested: Miles Ballogg - Approved
6. Other Business
7. Adjourn
Meeting Date: /-2 -/y--V/ 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: November 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
1701.36 of 1835.7 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.
Name, Job. Class, & Dept./Div.
Pension Elig.
Hire Date Date
Bradford Cheek, Jr., Survey Assistant/Public Services 10/8/01 10/8/01
Donald Flemming, Library Assistant/Library 12/12/97 10/6/01
vSapahire Reedinger, City Clerk Specialist/City Clerk 10/8/01 10/8/01
Andrew Yeldon, Parks Service Technician I/Parks & Recreation 10/8/01 10/8/01
Jamie Thomas, Solid Waste Worker/Solid Waste 10/8/01 10/8/01
Cathy Adams, Police Information Technician I/Police 11122/99 10/20/01 "
Jennifer Rush, Library Assistant/Library 2/12/01 10/8/01 •"
Jerry Rutigliano, Senior Marine Lifeguard/Marine 10121/01 10/21/01
Susan Jenkins, Parks Service Technician I/Parks & Recreation 10122/01 10/22/01
Denise Balog, Administrative Analyst/Fire 10/22/01 10/22/01
Gregory Hart, Senior Marine Lifeguard/Marine 10/20/01 10/20/01
Gary Hutchinson, WWTP Operator Trainee/Public Utilities 10122-101 10/22/01
Joseph Walden, Parks Service Technician I/Parks & Recreation 10122101 10/22/01
originally hired as part-time; changed to full-time and pension eligible as of 4/10/99; changed to part-time on 7/28/00;
changed to full-time and again pension eligible as of 10/6/01.
•' originally hired as part-time; changed to full-time and pension eligible as of 10/20/01.
••' originally hired as part-time; changed to full-time and pension eligible as of 10/8/01.
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Trustees of the
Employees' Pension Plan
Agenda Cover Memorandum
Final Agenda Item #
Meeting Date: 12/10/01
SUBJECT/RECOMMENDATION:
Franklin Daly, Police Department, and Paul Cherry, Police 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:
Franklin Daly, Jr., Police Lieutenant, Police Department, was employed by the City on
May 19, 1980, and his pension service credit is effective on that date. His pension will be effective
January 1, 2002.
Based on an average salary of approximately $77,011 per year over the past five years, the formula for computing
regular pensions, and Mr. Daly's selection of the 100% Joint & Survivor Annuity, this pension will approximate
$45,152 annually.
Paul H. Cherry, Police Officer, Police Department, was employed by the City on
September 29, 1975, and his pension service credit is effective on that date. His pension will be effective
November 1, 2001.
Based on an average salary of approximately $49,366 per year over the past five years, the formula for computing
regular pensions, and Mr. Cherry's selection of the 100% Joint & Survivor Annuity, this pension will approximate
$31,634 annually.
These pensions were approved by the Pension Advisory Committee on November 8, 2001. Section 2.393 (p)
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 Police Lieutenant
and Police Officer as meeting the hazardous duty criteria.
Reviewed by: Originating Dept: Costs
Legal NA Info Tech NA Debbie Ford/Human Resources Total
Budget NA Public Works NA User Dep Funding Source:
Purchasing NA DCWACM captial'mpxmvinent Current Fiscal Year
Risk Mgmt NA Other NA Attachments Operating
Other
Appropriation Code:
Submitted by: ? None
City Manager
Printed on recvcled oaner oe. Ina
SEAIout? r '
Trustees of the u 5
Final Agenda Item tt
Employees' Pension Plan Meeting Date: 12/10/01
Agenda Cover Memorandum
SUBJECT/RECOMMENDATION:
Miles Ballogg, Economic Development Department, be allowed to vest his pension under Section(s) 2.397 and
2.398 of the Employees' Pension Plan as approved by the Pension Advisory Committee.
and that the appropriate officials be authorized to execute same.
SUMMARY:
Miles Ballogg, Economic Development Program Manager, Economic Development Department, was employed
by the City on September 23, 1991. Mr. Ballogg terminated from City employment on November 2, 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 service (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. Mr. Ballogg would have completed twenty years of service and reached age 55 on
November 4, 2014. His pension will be effective on December 1, 2014.
Reviewed by: Originating Dept: Costs
Legal NA Info Tech NA Debbie Ford/Human Resources Total
Budget NA Public Works NA User Dept. Funding Source:
Purchasi- NA DCM/ACM Captlallmpro%ement
Current Fiscal Year
Risk Mgrnt NA Other NA Attachments Operating
Outer
Appropriation Code:
Submitted bil; ? None
Cit mamaLw
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