Loading...
02-04-2002AGENDA PENSION TRUSTEES ACTION AGENDA Board of Trustees of the Employees' Pension Fund February 4, 2002 - 9:00 a.m.. Convene as Pension Trustees: 1. Call to Order 2. Approval of Minutes: 01/22/02 - Approved as submitted 3. Request for acceptance into membership: Daniela Riccelli, Jarred Stiff, Charles Redinger, Dana Harrison, Arban Goodrum, Kurt Zamor, David Ganote, Joel Morley, Norma Skinner, John Bennett, Jeff McCann, Vernard Berrien, James Jones, Jr., Mark Viola, Todd Johnson, Kris Familiari, Steve Salagaras, David Demarest, Timothy Downes, Edmund Kardauskas, Lisa Brown, Rachel Franklin, Suzanne Judge, & Renee McSwain. - Approved 4. Regular Pension(s) to be granted: Michael Teyner & John H. Jeffries - Approved 5. Other Business 6. Adjourn - 9:06 a.m. Meeting Date: o? ` 4 - DMZ. 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: January 10, 2002 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 1704.99 of 1834.7 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. Pension Elig. Name, Job. Class, & Dept./Div. Hire Date Date Daniela Riccelli, Utilities Chemist/Public Utilities 12/3/01 12/3/01 Jarred Stiff, Police Cadet/Police 12/3/01 12/3/01 Charles Redinger, Police Cadet/Police 12/3/01 12/3/01 Dana Harrison, Police Recruit/Police 12/3/01 12/3/01 Arban Goodrum, Police Recruit/Police 12/3/01 12/3/01 Kurt Zamor, Police Recruit/Police 12/3/01 12/3/01 David Ganote, Police Communications Operator Trainee/Police 12/3/01 12/3/01 Joel Morley, Police Recruit/Police 12/3/01 12/3/01 Norma Skinner, Staff Assistant II/Engineering 12/3/01 12/3/01 John Bennett, Police Recruit/Police 12/3/01 12/3/01 Jeff McCann, Police Recruit/Police 12/3/01 12/3/01 Vemard Berrien, Parks Service Technician I/Parks & Recreation 12/3/01 12/3/01 James Jones, Jr., Custodial Worker/Parks & Recreation 12/3/01 12/3/01 Mark Viola, Firefighter/Fire 12/3/01 12/3/01 Todd Johnson, Firefighter/Fire 12/3/01 12/3/01 Kris Familiari, Firefighter/Fire 12/3/01 12/3/01 Steve Salagaras, Firefighter/Fire 12/3/01 12/3/01 David Demarest, Police Recruit/Police 12/3/01 12/3/01 Timothy Downes, Police Recruit/Police 12/3/01 12/3/01 Edmund Kardauskas, Police Cadet/Police 12/3/01 12/3/01 Lisa Brown, Public Information Specialist/Gas 12/3/01 12/3/01 Rachel Franklin, Recreation Leader/Parks & Recreation .6/4/01 12/2/01 Suzanne Judge, Police Communications Operator Trainee/Police 12/3/01 12/3/01 Renee McSwain, Police Communications Operator Trainee/Police 12/3/01 12/3/01 originally employed as part-time; changed to full-time and pension eligible as of /3/01 ?/ ension wsory Gorrf"f ee air lf, 1 ?_ Trustees of the ?, oa Final Agenda Item 99w?rE ?•?? Employees' Pension Plan Meeting Date: 2/4/02 Agenda Cover Memorandum SUBJECT/RECOMMEN DATION: Michael Teyner, Public Utilities Department, and John H. Jeffries, Jr., Public Utilities 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. 11 and that the appropriate officials be authorized to e\ecute same. SUMMARY: Michael Teyner, Public Services Technician II, Public Utilities Department, was employed by the City on October 27, 1980, and his pension service credit is effective on that date. His pension will be effective April 1, 2002. Based on an average salary of approximately $36,310 per year over the past five years, the formula for computing regular pensions, and Mr. Teyner's selection of the joint & Survivor Annuity, this pension will approximate $21,341 annually. John H. Jeffries, Jr., Wastewater Treatment Plant Operator A, Public Utilities Department, was employed by the City on February 2, 1977, and his pension service credit is effective on that date. His pension will be effective March 1, 2002. Based on an average salary of approximately $46,163 per year over the past five years, the formula for computing regular pensions, and Mr. Jeffries' selection of the joint & Survivor Annuity, this pension will approximate $31,741 annually. These pensions were approved by the Pension Advisory Committee on January 10, 2002. 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 thirty years of credited service, or has reached age 65 and completed ten years of credited service. Mr. Teyner and Mr. Jeffries qualify under the age 55 and twenty years of service criteria. Reviewed by: 4 4 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 ca{afal1mpoveme"' Current Fiscal Year Risk Mgmt NA Other NA Attachments operating other Appropriation Code: Submitted by: O None City Manager Prinled nn recvcled naner Rev. 2/98