07/16/2012
TRUSTEES OF THE EMPLOYEES’ PENSION FUND MEETING MINUTES
CITY OF CLEARWATER
July 16, 2012
Present: Chair/Trustee George N. Cretekos, Trustee Doreen Hock-DiPolito,
Trustee Paul Gibson, Trustee Bill Jonson, and Trustee Jay Polglaze.
Also Present: William B. Horne II - City Manager, Jill S. Silverboard - Assistant City
Manager, Rod Irwin - Assistant City Manager, Pamela K. Akin - City
Attorney, Rosemarie Call - City Clerk, and Nicole Sprague - Official
Records and Legislative Services Coordinator.
To provide continuity for research, items are in agenda order although not
necessarily discussed in that order.
1. Call to Order
– Chair George N. Cretekos
The meeting was called to order at 1:13 p.m. at City Hall.
2. Approval of Minutes
2.1 Approve the minutes of the June 18, 2012 Pension Trustees meeting as
submitted in written summation by the City Clerk.
TrusteeBill Jonson moved to approve the minutes of the June 18, 2012 Pension
Trustees meeting as submitted in written summation by the City Clerk. The motion
was duly seconded and carried unanimously.
3.
Pension Trustees Items
3.1 Approve the request of new hires for acceptance into the Pension Plan as listed.
Pension
Name, Job. Class, & Dept./Div . Hire Date Elig. Date
Holly Quick, Police Info Technician/Police Dept. 05/07/12 05/07/12
Sotirios Kambourolias, Engineering Tech/Gas Dept 05/07/12 05/07/12
Colleen Hanko, Police Communication Operator/Police 05/07/12 05/07/12
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Frances Leong, Economic Dev Specialist/Economic Dev 05/07/12 05/07/12
Scott Burrows, Police Communication Operator/Police 05/07/12 05/07/12
Renata Thomas, Police Communication Operator/Police 05/07/12 05/07/12
Michael Bostaph, Heavy Equipment Op./Public Utilities 05/07/12 05/07/12
Christopher Williams, Police Comm Operator/Police 05/07/12 05/07/12
Maria Rosero, Custodian, Parks and Recreation Dept 03/12/12 05/07/12 *
Sean Maxfield, Custodian, Parks and Recreation Dept 05/19/12 05/19/12
Barbara Johnson, Dev Review Tech I, Planning and Dev 05/21/12 05/21/12
*Employee was originally hired as a part time employee on 3/12/12. Changed to
full time employee and pension eligible on 05/07/12.
Trustee Doreen Hock-DiPolito moved to approve the request of new hires for
acceptance into the Pension Plan as listed. The motion was duly seconded and
carried unanimously.
3.2 Approve the request of employee Eileen Karner of the Police Department;
Raymond Talbot of the Public Utilities Department; Kevin Tucker of the Planning and
Development Department; Vickie Davenport of the Human Resources Department;
Forrest Draxten of the Parks and Recreation Department; Edward Burke of the
Parks and Recreation Department; and George Puopolo of the Solid Waste/General
Services Department, for a regular pension as provided by Sections 2.397 and 2.398
of the Employees’ Pension Plan.
Eileen Karner, Police Information Technician II, Police Department, was
employed by the City on April 9, 2001, and her pension service credit is effective
on that date. Her pension will be effective August 1, 2012. Based on an average
salary of approximately $29,598.59 per year over the past five years, the formula
for computing regular pensions, and Ms. Karner’s selection of the 100% Joint
and Survivor Annuity, this pension will approximate $8954.00 annually.
Raymond Talbot, Water Distribution Operator, Public Utilities Department, was
employed by the City on October 14, 1985, and his pension service credit is
effective on that date. His pension will be effective October 1, 2012. Based on
an average salary of approximately $44,742.01 per year over the past five years,
the formula for computing regular pensions, and Mr. Talbot’s selection of the
Joint and Survivor Annuity, this pension will approximate $33,101 annually.
Kevin, Tucker, Building Construction Inspector, Planning and Development
Department, was employed by the City on April 18, 1983, and his pension
service credit is effective on that date. His pension will be effective September 1,
2012. Based on an average salary of approximately $54,371.18 per year over the
Pension Trustees 2012-07-16 2
past five years, the formula for computing regular pensions, and Mr. Tucker’s
selection of the Joint and Survivor Annuity, this pension will approximate $43,913
annually.
Vickie Davenport , Human Resources Technician, Human Resources
Department, as employed by the City on May 15, 1989, and her pension service
credit is effective on June 17, 1991. Her pension will be effective June 1, 2012.
Based on an average salary of approximately $45,878.20 per year over the past
five years, he formula for computing regular pensions, and Ms. Davenport’s
selection of the Joint and Survivor Annuity, this pension will approximate $26,439
annually.
Forrest Draxten, Equipment Operator, Parks and Recreation Department, was
employed by the City on August 10, 1992, and his pension service credit is
effective on that date. His pension will be effective September 1, 2012. Based on
an average salary of approximately $37,706.82 per year over the past five years,
the formula for computing regular pensions, and Mr. Draxten’s selection of the
50% Joint and Survivor Annuity, this pension will approximate $19,948 annually.
Edward Burke, Parks Service Supervisor I, Parks and Recreation Department,
was employed by the City on April 28, 1996, and his pension service credit is
effective on that date. His pension will be effective July 1, 2012. Based on an
average salary of approximately $50,548.22 per year over the past five years, the
formula for computing regular pensions, and Mr. Burke’s selection of the 100%
Joint and Survivor Annuity, this pension will approximate $35,586 annually.
George Puopolo, Solid Waste Supervisor II, Solid Waste/General Services
Department, was employed by the City on July 12, 1982, and his pension service
credit is effective on that date. His pension will be effective August 1, 2012.
Based on an average salary of approximately $60,723.24 per year over the past
five years, the formula for computing regular pensions, and Mr. Puopolo’s
selection of the 100% Joint and Survivor Annuity, this pension will approximate
$48,745 annually.
Section 2.397 provides for normal retirement eligibility when a participant has
completed thirty years of credited service, has reached age 55 and completed
twenty years of credited service, or has reached age 65 and completed ten years
of credited service. Ms. Karner qualifies under the age 65 and 10 years of
service criteria. Mr. Talbot, Mr. Tucker, Ms. Davenport, Mr. Draxten and Mr.
Burke qualify under the age 55 and twenty years of service criteria. Mr. Puopolo
qualifies under the thirty years of service criteria.
Trustee Jay Polglaze moved to approve the request of employee Eileen Karner
of the Police Department; Raymond Talbot of the Public Utilities Department;
Kevin Tucker of the Planning and Development Department; Vickie Davenport
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Kevin Tucker of the Planning and Development Department; Vickie Davenport
of the Human Resources Department; Forrest Draxten of the Parks and
Recreation Department; Edward Burke of the Parks and Recreation
Department; and George Puopolo of the Solid Waste/General Services
Department, for a regular pension as provided by Sections 2.397 and 2.398 of
the Employees' Pension Plan. The motion was duly seconded and carried
unanimously.
4. Other Business — None.
5. Adiourn
The meeting was adjourned at 1:14 p.m.
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Chair
Attest Employees' Pension Plan Trustees
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City Clerk '�y ',��.�C`�'$
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Pension Trustees 2012-07-16 4