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12/04/2000 (2) <! : .../'~ ,.". . ..... ~" .';' ,> . \.: :. ,./ I ~ /::'~;/:', ~., . ~ > : .5 .c' . ~ I ~,:,:; , '" d ' ,'.. I <,;,:' ':~~', ",' I,,' : " ,\. I ~ . , I ,,> I ';; ", ."1" :.. .:} " '. " .:. .'. ~ '.". '\ . ,'C ..I'. .'.,.,,' .j..' ;,' ~ ~ <:~. :;,1, , .: :~?")'::"':"; " I" j I. J, I. :'; ~ "~,1 . " , , ~. ./ t', :'J/ :~:' \~ ..c .." , j, " l' / I, ~', '. , ~..'. ~ . >;,' ," ~. ~ '.r '; ~.. ,; , ~ , . ~. > ;:: .1 ! ' , ' .', ,1ic " .. " ' , ' ... ~, I t, .I . i: , i: ,,' \ :., ~ " < r ~ ,! ,'"p. . J":' '.:,i I ," ~::r' ~ \' ;',',c I' '.} , . d ,i -, ';' '.. . I ~ . 'I " ,Cj " , " " , , ",I' ,;,r::. :C:/.C '. ' d, '" : . 'I' , ! .:1; '. " '! , ( ,,' " I' c. :f .' ~ >, ' ~ ' j . . ":- ' !.' , '.' ;n . .. . :' , ~ . ;' ". ; I '. ~#\1'i~...".j,.:,;, ,~, " ,: /, ..::,~,! .;::);:;~,,;.::' 11'P;~';1~\'>' )':';';j~>r:~~ , I ."'Iul':'"''"'' '" " ~ . II,:. . .~J;:: ):. ' ,I' <r. . 'I, \, J,; '\' '. ~. C ~:;>~ >." :':::1 " ,~. , ,I' .' ~ . ," " ", ;1, (.' '.,' ," ;,1'. , " ~ . j' " LT. ~ ';1 '? : , I' ~; .',< 'i ~ 'I, :<' .:;~. : \.,1 I ,.. V" < . , ~\ ~ ' ,,'.' 1,/ ,.,:' ~ ~. I',' ;1 I '1" . . ~ . , , \, , " I"~ '.'. ..',.\ ;;(~.; .i'.! .1;. ".' ,+:' ,:(,\ 1'1' " ' :'" ;\'./ , ~; . " ," I .., , , , ...\ , " , .. '; , ; :\ ': " .. , .' j, " 'I- t j '. : .~ 't, I , / I " ;, ~ : ' , " '/ , \' , " . i ,j \' ". .', ." ',/ ,,': \ ,\ ;', ",' ' ," "I', '. .:~ \ \ ~ :, . ~~. ~. ': ,.i/":f 'I' (., <. ..". ~, , . t '. '" ';"'1'\' ,I . ~, ::" , ',~ , I ..) " ' , ',r '~~'. ~<> ,... .:,~. ~ ... \ : '~.': r.~, j; >;: _' ~ ~' ,. f :! ~..,. ~ ...~..~. i, , ' , j ! ' ", PENSION " (TRUSTEES) Board of Trustees oft~e Employees' Pension Fund Minutes ,Date I). -D'f-OD '.'\ ," ,..,.,;.,.... "(':.'1':'. .j.~,/I.:\,~".;':' }'.~""1~ ,,<',>',>;>:";)":.'::<":,",:'<<>,:_~, >\,:;,' "', ' ,,';:,... ",',' ' ,', .' \' .. ~ ' ,': J" /', ' ' '.' I, '.'" 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'..I...,.:.'...'H'~I\ .~~... .1. \ ~~~1li~.!r:'W!~~~\(~P~;;'\IJll,nii;;<';\I;~'..,. c:'(:;;':;i~,~,':i!/:"i'JY:"; ;,'.:;i, \/ :,;::i,;: <~~;;;;I'''V:'''i ",;r:f,:, ;,',"''';' :',,:\: n ",,l, :'.:: ...',: " '> '" ,.,;'1 ,','" " ',:,:--, \...',' 'I;' :: ,'. ',,.: '.. fi,::' , ~~~;';j~,]'~~.!P~>;;;r':~:!;:":'~\X'i;'t::;'./<\~~':J,~'~~':H?,:;:':::'.:~":;':' ';r':, ','",I::,: ,::.,:,':, , (.:; ;" :,' ~i;; ::' ;"',',', '..';' : ,'>' ,::' ':,. ',::,':.:' ,;11::',':', ' :; :"!.":~' ,...'..< <..',:', ~l-'i;1~t~'\11'11\V. ,t. '1.,i~'1.1 \I~,'.t", ~(.""... ~... (11 ~ 111' ff ~,' ' ';'~, ! : .. .' I ,. . f' ," . . k , , ' " '. : !~.o:~~~!.;,;,(\\P ',";:-":";:i';' ...,,' :~;',',\',::' ':";..:-,~"'~'.\-" ',j .' , '.. ;', ' '"" :', ' ',', ::,: :' .,,' "" " "',;1", : ! j c . ~. ~ . , , . ~. ~l t , .... I ': I II '/ ; :;':,:,:.. '-'c.\ '~':'!~ 11' . ,', t" ~.' : ' , , , ACTION AGENDA Board of Trustees of the Employees' Pension Fund " Monday - December 4, 2000 ' \,c ~' ", \ it , '1. . Call to Order - 9:10 8.m. '.t\ .c'l 2. Approval of Minutes: 11/13/00 - Approved as subml~ed. ,. \ , .. 3. Request for acceptance Into membership: Hemlata Iyengar, William Strlrgfellow. ,Chase L..Vaccaro, Sherry Watkins, Jason Jones:, Diane Luniewskl. Sandy Warner. Kerri Spaulding; Christine Biermann~ Kevin Klein, Carol Buck, John Haggart, William' Hig'glnbotham U1, Jeffrey Smith, Lenshawn, Price, Paul Mack, Alex Monte, Todd' Archer, Peter Georgantas, Patrick Conrey, Paul Capo, Christopher Hoyne, Michael Hendry, Brian Miller, John Gozzi, Gail Rina, & Brent Hazzard - Approved. 4. Regular Pension(s) to be granted: Helga Lanier, Gail-Patricia Greer, Richard 'D. Wilson, &' Unda Konga' - Approved. 'J" , '\ . ,~t \' i(:' );: " ,'. t',. ':.... ~\' '~ ~ t ,', " f. ~ , " .< ,I( , , 5. Other Business - None. 1"/" ;.1. ~.\l J \':' ':.,\, , j~~, . . ~ \' , , '6. Adjourn - 9:12 a.m. , .' ,1 ,: !', .~I~~:;O,~ I v./ ~~ " ' :.;' , "'L ~.' I .. ,,' \ 1 ~ :~;(! '.', :,:i,!i 'c, . j " ~' ,: .r .<'1,., ;;\ ,', j 'l~ I ',' I~ "'l' . l ~ "'I . ~, t \, .I; '/:" I, ,I , 1 f, 11. . \ I,' , ' : ,\ > 1 ',~', ./, I " , " " , , (I u 'I , , I' ('. 1" \ '\!' ',\ " .' 'l '\' , , l~j ::..., \.t~. ';' '::"/.J. ," . 'I., \,': '" " "', '" .<{," ,,> ::-1, t. ,\,,:, , " /, ' . \' ", " "t.1. -,,', ~ , " ":, '1 ~ " I- ' , ,i. ~".." ',J ',' ,::,>/ , .,1'1, ': .. ,', ,)~ \ I: ~,', ";' \ :-,~~,::",~;~>:'> ,",: ": I '\,;~,;\, 1<"<':', /;,' ':,; ):\~:, 1,:,\ . ':. 1,,'.':( /,~:;,"/'<:\<)i ,':':,:, .':\,..,;;;.:;~:: :'::: <':,"~).q ,'~' I~,:,;,)' ;,; \. ' <. '~, , (. ,,' '" ,~ . I \,,/ '. '.'f' ',' ", ,.;1,,' ',' ':"""::;'" /11" """j, ",.,','~',' ,)'~ ',' ,',,'. " ; ,~t'J,: "', ',~ ,\~.,,',..>I ,'.~ f, ",' " ~'I) 11\ '., II.~,\ .... ,1"\ " ;.+ ",.. 1/ . i ~ ~#<,I .",;,(+1,"'.":":>""":"" "l":,,,: 1'\/:I."I.\:'...",\~' ~""'~~".I;'I""I,""I'""" II ~ ,11'\ ,',. , " ... :' ,1,,'-':', '~',::,>..','~;:,..,."":,',:>.!',1;( .,Ii::',~':\', \",\.., ",,~ ;,/1 fl."',, ' ; .I~"\ ;<" ,'",:\:./:',': "'::',:,:'/,>'~(:<:/',),),',~'::::: Ih{, ";'j"" ~ ",,', ,;':,.., ,I, ," ,,' ',', ",'; ,';',:"" ....'.'1" ,,'. , .!,' ',\ ~\' , ( '.'.' ,':'", J 1\. ,? 1,0", ,\' ,r.,'!:".. :.':'.;:_,/I',~ ~J.,(".~,,:; "~""(;:,~~J.q'.!1.'.:;,..:~,\......'''.'. ,\",.' ': c I.:'.,~ "'t.: ~.\'.J" '> <.'~ .~. ., ,\ \ " ,>., , .' ','I , I. "t/. ",' " , :.,'. \ :> , '. ; '.\ t" \ S C :i.. " . '1,1 itl(:;';'/'!:';';, \~:~, ,;:"';<:~~'i')II ~,':;'. }(!:I:.,:,;! ,,'; ~, :, .': ." · :J~" ',; '1'/ ' ',:": ,; " ; I ' ,,' " , , ': ",:' " , " t:;/<,':..:..;,": ':: ' (,;" " ' I . \. " . I .; ~ r c ,I l" f ~ ' ,I , ' I q., ~ "c"" , , .',:. ':~ . I< . ~ ., . ' i' , . ~. c , I ',', ,.,' ~ ' I ". .,.' l" c< I , " ~ I. ~. l, ,j i , '.,' . ....' ~ , ':i' l . tl"., , 'c ",' ,', ,II ,\ ; \1: , ,,\" " I." , ;:\', , , .'e" -- TRUSTEES OF THE EMPLOYEESt PENSION FUND MEETING CITY OF CLEARWATER December 4, 2000 :~ '/IL ~; t, /~ ~ I' \ ~ ,;\':l " ,i Also, pr~sent: William B. Horne 'II Pamela K. Akin , Lee Dehner PaulOtRourke Cynthia E. Goudeau Brenda Moses ' Interim, City Manager City Attorney Pension Trustees Attorney Human Resources Administrator City Clerk Board Reporter ..,' ; \(, , ], " ,\ , \' : \ Present: Brian J. Aungst J. B. Johnson Robert Clark Ed Hart Vacant Seat Chair Vice-ChairlTrustee Trustee Trustee Trustee , i+:,..... ,I, I : \ ;,' ,I ", , , l \ ~ ,I:'. The Chair called the meeting to order at 9: 10 a.m. at City Hall. ~ ~ ~~ '+) ;\,",!' j'.:t'. \i:;..: {,/I', !/ 'i I, " ~ ,{\ , t ~ .. '(:'::1 ~', ' ITEM #2 - Acproval of Minutes: l"':"'Jf ~ F., 0,.' 1...,. Trustee Johnson moved,to approve the minutes of the November 13, 2000, meeting, as recorded and s\.lbmitted in written summation by the City Clerk to each Trustee. The motion was duly seconded and carried unanimously. ~ '~ ~.~, ',:',\, t ,t"(~, f I , ~ ,://' l .' ~ , ;;l>: (':-1r i'I', ..('.;, :~t~jJ,~ t '0' ',:';\' ".'1' ~ . ~..,~ t ".P :)'l' I;~ I,t I ~" . ! , " "I' ,III; I"~ ,II> ITEM #3 - Reauest for Acceptance into Membership: The Human Resources Administrator presented the recommendation of the Pension Advisory Committee to approve membership for the employees listed below: Hernlata Iyengar, William Stringfellow, Chase L. Vaccaro, Sherry Watkins, Jason Jones, Diane Luniewski, Sandy Warner, Kerri Spaulding, Christine Biermann, Kevin Klein, Carol Buck, John Haggart, William Higginbotham W, Jeffrey Smith, Lenshawn Price, Paul Mack, Alex Monte, Todd Archer, Peter Georgantas, Patrick Conrey, Paul Capo, Christopher Hoyne, Michael Hendry, Brian Miller, John Gozzi, Gail Rina, & Brent Hazzard Trustee Clark moved to accept the recommendation of the Pension Advisory Committee. The motion was duly seconded and carried unanimously. . ~,1 . , " ,',; I, . :/c,. '::r" , ' '( ~ < . .'1 ITEM #4 - Reauest for Pension: ~ I.' :, f 'II',;'" .. '"It , The Human Resources Administrator presented the recommendation of the Pension Advisory Committee that Helga Lanier, Gail-Patricia Greer, Richard D. Wilson, and Linda Konga be granted regular pensions under Section(s) 2.393 and 2.397 of the Employees' Pension Plan. ',/ 1,.1. " , \ . I \,,:nJ.j) mpf 1 200 " 1 2/04/00 ,'\, ,,f ( '{ , II, I'oj 't:.:;" i,/ 'c " \, . , ,\ , , :,"} \: . /, "i ' _, ~ . t" ! I ' > l \ \ ~ j' \" '" 1 ,,". ' '{" \' \ I, I' ,"" " l,< 1"lt'I,,~I" 41,,'..~f.'<".r'\ .';.~ ,~( .'\'/\ .....c,.~.;.t.j~, '\'.""-.""~ ,\., ~.,.':; .,',~~ I'"'f\', '/1\",'\;1 I, ."I)~~;"'" ,\,/,/'.,I~.~.l~"I,..\,I'~: ~,'~. , ~\.., I"f: "',~,:"\")". ~.'\ 1,~:..~,",~.I~~'I' f::J';""(./', ,:,.",'~:~~'~:~t;:~\:/: "'~,/'.~.,I.I,;I,(...:. I....~..,~.~.,',.,~\';'..\...;'I >".. ',' I.....'.~ '\: ;",~.h'J.,"'I'''L:,.'",,/ ~.,'.,. 'J' t ~',{,' ~~., ,,~"~'IIo' \1 \. . ;,j'. '1" '. ~ \ ; . ,', '/~l "'.. \ 'ff,' t'\\,~.:,,: I< ,<,:..., \"""'''') I.,::' ....\'Y :\:~:/..\ '.~/ ,~' /' ", ;I"""~"~' r'C', ':.i~' "~::'.'\',\',:;,.', "::"" '.:..:,'fl,'~f..:".,i" ",,"\' \, ..'.1'" ""))'3~' ,~... ,;,.-.,'\"'" "5"':'11" ,I.'.: /, (,...'f',,'" ;";' t. "'d :~"~i,,.I\'j'~"':I' '.'~ ' ,,..\. :....,:,l.~,;' J. i,'},\.'''' """\"';'~,'I'''' :1. ~", ~,.... ,...,~., .',..(.,}',. ..,.,'-.....',l,' '.... \".'~. (,~.."/,,, r,L\ ",.,(. II I..,..;A-l. ..i' ~ ,J 'I, ~ ,. "~I..! '.';-'\~\ :-..:.1/'... r :.~ .....".' ~,{ 'I:".. 11\, ":"'/:\~."~' ,..',,:,:< ~;'I':I:"J~',~};.."J;:..<',\' ~}.; ~~: ~\.)(":'}f. "~" .ill, ..-:'l'<\'.~ :~,.:'~..;',.,<l: ,.,'~.r ...,,0' '.'f'J ~;':;<';::, (~r:" '~", ~~:I~',I: \.,~'/''1 ~~:I ;",/i, ';" r/"~:::~, ,,: ~:<~'<:,~, \, . ,~ : ';'.'::' . :~.",)'\t~( , ~,':':' ':;:":,;, :,:':'...."::, :' 'I,". c' ,,'II' . "t, " ,'I:"; , , ',:' " r >" ,- . ,'.'. " ; ;'"-. ~>; :,' ','~I,:. ,"'/ " ,;, i , '. ' 'I "" ,,,i ~, . " ' '. ,> ,';1. {' , " \ , ""I I,.. , {~ Helga Lanier was employed on December 15, 1980, and her pension service credit Is effective on that date. Her pension will be effective January 1, 2001. ' '.' '} I ~ .J"" '\, Based on an average salary of approximately $41,865 per year over the past 5 yearsJ the formula for computing regular pensions, and Ms. Lanier's selection of the 50% Joint & Survivor Annuity, this pension will approximate $24,112 annually. 1 ....1 Gail-Patricia Greer was employed on October 6, 1980, and her pension service cr~dit is effective on that date. Her pension will be effective February 1 J 2001. ~"'I .~ /,} ,I,.,' ,'\ 1<, .1 ':':1 Based on an average salary of approximately $36J 766 per year over the past 5 years, the formula for computing regular pensions, and Ms. Greer's selection of the 100% Joint & Survivor Annuity, this pension '!Viii approximate $20,172 annually. ,", I; ( 1 ~:, Richard D. Wilson was employed on April 21, 1980, and his pension service credit is effective on that date. His pension will be effective November 1, 2000. ,~~~ ,';'4 Based on an average salary of approximately $60,556 per year over the past 5 years, the formula for computing regular pensions. and Mr. Wilson's selection of the 100% Joint & Survivor Annuity, this pension will approximate $33,755 annually. \.f. , >~ . ~ f J :,1 .:.~I i: \,,';' ': ~ \ q J.:_ >: ~ I r ' < ~ I' ~ Linda F. Konga was employed on October 13, 1980, and her pension service credit is effective on that date. 'Her pension will be effective December 1, 2000. ' f'~,~ Based on an average salary of approximately $44,053 per year over the past 5 '1. ~. years, the formula'for computing regular pensions, and Ms. Konga's selection of the Joint & Survivor Annuity, this pension will approximate $24,236 annually. " . ~'1 ','/' , " 'i"; ~.',''', ," ,,' .'!e> ~. \ ~\l , " ,~:\;..: '1/:" 't." 1\/ >'I,!,r , , :i:,~.::. \~,'.; ,\.).' ',1;0' " , ~.J'~: ~.' '( ~..::.( . ~' \,', '.'1 These pensions were approved by the PAC on November 9, 2000. Section 2.393 (p) provides for normal retirement eligibility when a participant has reachod age 55 and completed 20 years of credited service, has completed 30 years of credited service, or has reached age 65 and completed 10 years of credited service. Section 2.393 (p) also provides for normal retirement eligibility when a participant has completed 20 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. Ms. lanier and Ms. Greer qualify under the age 55 and 20 years of service criteria and Mr. Wilson and Ms. Konga qualify under the hazardous duty criteria. .~": i...~ Trustee Johnson moved to accept the recommendation of the Pension Advisory Committee. The motion was duly seconded and carried unanimously. .; ITEM #5 - Other Business - None. ITEM #6 - Adiournment - 9: 12 a.m. /[i:vt~ II}, " '"-...... ATTEST: Ct~L-Z. ~. ~~. , (J City Clerk mpf1200 2 1 2/04/00 ;" i t\"1 I, \.., " I' ':~:l<1 '! ~I ". , I 1.\. '/ ' ",' I ~;' :1<'". . '~;' ,', :,;:': ,,'. : ,~~ I";~' f 'I' il: > ',< ~./ J \~. \t; ,I , ,~')"> \:, '>. ,',: ".. ;~~,", i"::"" 1 \ "f< '.' "I.' '>"1',1' ,:.~ J' , ;:, l' \::',:..., :',~ ,: ., : <::< ';,',' ~,I",~> i' ' ' :~';, ,,::, ':,':, \ 1'\ :,;/. \ :'" ,j . I. ~,'. r' OJ'" 'i, .. 'i" .', ,,' I I .' " ' f ~,~, l "I j" " .. , I" <, '., . " . i /" " "," ~.', '" , 'l. \. <. . ..1' I "., I ,t I '!. \ ~: .'.,..',. ~~... ~.: :.~':'.~.,II' , ..'..'1;,'."" ~'. :"I,c,~:'.!"'I,~'; "~\'f' ,"<,:":\',:(:\':::',,,::-:,..:.:",;:':,.:.,:'...'.:':,:',(;: ':,'i:,':,..~>';:;<,:;'.',':::~'J.::,~/\,:::~,>,,'\ "'" / :',",\. \' ' ',:'/, '{, ':o' "..', '"" ,'",,:. \"" . /'<','1" '.. ~.,,~/Li '~:".'II "Ii._.'::'~d,r,~~~<' ". ~\:~.:.')'.',>~<}:.,'"II\..<<.,~'~<~...':~;~t::~.:.'o..:t.,,. ..1...... "",! ~: ..,~'>":,:;I.,'":\'I>.~'",.' 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