03/15/2010
4 PENSION TRUSTEES AGENDA
Location: Council Chambers - City Hall
Date: 3/15/2010- 9:00 AM
1. Call to Order
2. Approval of Minutes
2.1 Approve the minutes of the February 16, 2010 Pension Trustees meeting as submitted in written
summation by the City Clerk.
Attachments
3. Pension Trustee Items
3.1 Employees listed below be accepted into the City of Clearwater's Employees' Pension Plan as approved
by the Pension Advisory Committee.
Attachments
3.2 Dennis Golden, Solid Waste/General Services 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.
Attachments
4. Other Business
5. Adjourn
Meeting Date: 3/15/2010
Pension Trustees Agenda
Council Chambers - City Hall
SUBJECT / RECOMMENDATION:
Approve the minutes of the February 16, 2010 Pension Trustees meeting as submitted in written summation by the City Clerk.
SUMMARY:
Review Approval: 1) Clerk
Cover Memo
Item # 1
Attachment number 1
Page 1 of 2
TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING
MINUTES
CITY OF CLEARWATER
February 16, 2010
Present: Chair/Trustee Frank Hibbard, Trustee George N. Cretekos, Trustee John
Doran, Trustee Paul Gibson, and Trustee Carlen Petersen.
Also William B. Horne II - City Manager, Jill S. Silverboard - Assistant City
present: Manager, Rod Irwin - Assistant City Manager, Pamela K. Akin - City Attorney,
Cynthia E. Goudeau - City Clerk, and Rosemarie Call - Management Analyst.
Unapproved
To provide continuity for research, items are in agenda order although not
necessarily discussed in that order.
1. C ' t,) r
The meeting was called to order at 9:04 a.m.
2. Approval of Minutes
2.1 drove the minutes of the January 11 g 2010 Pension Trustees Meeting as
submitted in written summation b the City Clerk.
Trustee Carlen Petersen moved to approve the minutes of the January 11, 2010
Pension Trustees Meeting as submitted in written summation by the City Clerk. The
motion was duly seconded and carried unanimously.
3. Pension Trustee Items
3.1 Emolovees listed belov e acceoted into the Citv of Clea ater's rolovees'
Pension Trustees 2010-2-16 Item #11
Attachment number 1
Page 2 of 2
chard Ryals, Recreation Leader/Parks & 12/7/09 12/7/09
:creation
Trustee John Doran moved to accept the employees listed below into the City of
Clearwater's Employees' Pension Plan as approved by the Pension Advisory
Committee. The motion was duly seconded and carried unanimously.
4. Other
5. -r,
The meeting was adjourned at 9:05 a.m.
Chair
Employee's Pension Plan Trustees
Attest
City Clerk
Pension Trustees 2010-2-16 Item #21
Meeting Date: 3/15/2010
Pension Trustees Agenda
Council Chambers - City Hall
SUBJECT / RECOMMENDATION:
Employees listed below be accepted into the City of Clearwater's Employees' Pension Plan as approved by the Pension Advisory
Committee.
SUMMARY:
Pension
Name, Job Classification, & Department/Division Hire Date Elig Date
Jadranko Stankovic, Fleet Mechanic/General Services 12/21/09 12/21/09
Christopher Dunbar, Solid Waste Equip. Oper./Solid Waste 1/4/10 1/4/10
Kathleen DeVito, Recreation Leader/Parks & Recreation 1/4/10 1/4/10
Seine Wingfield, Solid Waste Worker/Solid Waste 1/4/10 1/4/10
Review Approval: 1) Clerk
Cover Memo
Item # 2
Meeting Date: 3/15/2010
Pension Trustees Agenda
Council Chambers - City Hall
SUBJECT / RECOMMENDATION:
Dennis Golden, Solid Waste/General Services 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.
SUMMARY:
Dennis Golden, Solid Waste Equipment Operator, Solid Waste/General Services Department, was employed by the City on July
20, 1987, and began participating in the Pension Plan on that date. Mr. Golden terminated from City employment on January 21, 2010.
The Employees' Pension Plan provides that should an employee cease to be an employee of the City of Clearwater or change status
from full-time to part-time after completing ten or more years of creditable service (pension participation), 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.
Golden would have completed 30 years of service on July 20, 2017. His pension will be effective August 1, 2017. This pension was
approved by the Pension Advisory Committee on February 11, 2010.
Review Approval: 1) Office of Management and Budget 2) Legal 3) Clerk 4) Clerk
Cover Memo
Item # 3