06/09/2011 PENSION ADVISORY COMMITTEE MEETING MINUTES
CITY OF CLEARWATER
June 9, 2011
Present: Nathan Hightower Chair
John Schmalzbauer Committee Member
John Doran Committee Member/Councilmember
Paul Gibson Committee Member/Councilmember
Brian De Witt Committee Member
Bill Jonson Committee Member/Councilmember
Absent: Tom Jensen Vice-Chair
Also Present: Joe Roseto Human Resources Director
Patricia O. Sullivan Board Reporter
Chair Hightower turned over the gavel to Committee Member Schmalzbauer. Acting-
Chair Schmalzbauer called the meeting to order at 9:00 a.m. at City Hall.
To provide continuity for research, items are in agenda order although not
necessarily discussed in that order.
2 -Approval of Minutes — May 12, 2011
Member Doran moved to approve the minutes of the regular PAC (Pension Advisory
Committee) meeting of May 12, 2011, as submitted in written summation to each board
member. The motion was duly seconded and carried unanimously.
3 — Employees to be Heard: - None.
4— Review and Action on Employee Requests for Regular Pension
4.1. Recommend approval of the requests of employee Glen Altomare, Public Utilities
Department; Robert Schneider, Public Utilities Department; Earl Barrett, Engineering
Department; Robert Kinchen, Police Department, and Mark Trulock, Police Department, for a
regular pension as provided by Sections 2.397 and 2.398 of the Employees' Pension Plan
Glen Altomare, Utilities Mechanic, Public Utilities Department, was employed by the City
on August 11, 1986, and his pension service credit is effective on that date. His pension will be
effective July 1, 2011. Based on an average salary of approximately $50,357 per year over the
past five years, the formula for computing regular pensions, and Mr. Altomare's selection of the
100% Joint & Survivor Annuity, this pension will approximate $33,440 annually.
Robert Schneider, Utilities Mechanic, Public Utilities Department, was employed by the
City on February 25, 1991, and his pension service credit is effective on that date. His pension
will be effective August 1, 2011. Based on an average salary of approximately $48,065 per year
over the past five years, the formula for computing regular pensions, and Mr. Schneider's
selection of the 50% Joint & Survivor Annuity, this pension will approximate $27,848 annually.
Pension Advisory 2011-06-09 1
Earl Barrett, Real Estate Services Coordinator, Engineering Department, was employed
by the City on January 14, 1991, and his pension service credit is effective on that date. His
pension will be effective August 1, 2011. Based on an average salary of approximately $60,040
per year over the past five years, the formula for computing regular pensions, and Mr. Barrett’s
selection of the 50% Joint & Survivor Annuity, this pension will approximate $35,868 annually.
Robert Kinchen, Police Sergeant, Police Department, was employed by the City on
November 3, 1989, and his pension service credit is effective on that date. His pension will be
effective July 1, 2011. Based on an average salary of approximately $87,635 per year over the
past five years, the formula for computing regular pensions, and Mr. Weaver’s selection of the
Joint & Survivor Annuity, this pension will approximate $52,196 annually.
Mark Trulock, Police Sergeant, Police Department, was employed by the City on May
20, 1988, and his pension service credit is effective on that date. His pension will be effective
October 1, 2011. Based on an average salary of approximately $100,303 per year over the past
five years, the formula for computing regular pensions, and Mr. Trulock’s selection of the 100%
Joint & Survivor Annuity, this pension will approximate $63,362 annually.
Section 2.397 provides for normal retirement eligibility when a participant has completed
thirty years of credited service, has reached age 55 and completed twenty years of credited
service, or has reached age 65 and completed ten years of credited service. Section 2.397 also
provides for normal retirement eligibility when a participant has completed twenty years of
credited service or has reached age 55 and completed ten years of credited service in a type of
employment described as “hazardous duty” and further defines service as a Police Sergeant as
meeting the hazardous duty criteria. Messrs. Altomare, Schneider, and Barrett qualify under the
age 55 and twenty years of service criteria. Messrs. Kinchen and Trulock qualify under the
hazardous duty criteria.
Member De Witt moved to recommend approval of the requests of employee Glen
Altomare, Public Utilities Department; Robert Schneider, Public Utilities Department; Earl
Barrett, Engineering Department; Robert Kinchen, Police Department, and Mark Trulock, Police
Department, for a regular pension as provided by Sections 2.397 and 2.398 of the Employees’
Pension Plan. The motion was duly seconded and carried unanimously.
5. Approval of New Hires as Plan Members
5.1 Recommend approval of new hires for acceptance in the Pension Plan as listed.
Geoffrey Newton, Police Officer/Police 05/23/11 05/23/11
Andrew Anderson, Police Officer/Police 05/23/11 05/23/11
Robert Main, Police Officer/Police 05/23/11 05/23/11
Justin Howard, Police Officer/Police 05/23/11 05/23/11
James Troutman, WWTP Operator Trainee/Public Utilities 05/23/11 05/23/11
Gregg Kunz, Custodial Worker/Marine & Aviation 04/04/11 05/23/11
Keri James, Service Dispatcher/Gas 05/23/11 05/23/11
Gregg Kunz originally was hired as temporary on April 4, 2011; transferred to permanent
and pension eligible as of May 23, 2011.
Pension Advisory 2011-06-09 2
Member Hightower moved to recommend approval of new hires for acceptance in the
Pension Plan as listed. The motion was duly seconded and carried unanimously.
6—Director's Report
Human Resources Director Joe Roseto thanked John Schmalzbauer for his years of
professional service on the PAC (Pension Advisory Committee).
7—Committee Members to be Heard:
PAC members complimented John Schmalzbauer for his efforts on behalf of the PAC
and wished him well. John Schmalzbauer said it was a pleasure and honor to serve on the
board and he will miss working for the City.
8 -Adjourn
The meeting adjourned at 9:10 a.m.
Chair
Pension Advisory Committee
Attest:
Board Report,
Pension Advisory 2011-06-09 3