09/18/2012 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING MINUTES
CITY OF CLEARWATER
September 18, 2012
Present: Chair/Trustee George N. Cretekos, Trustee Paul Gibson, Trustee
Doreen Hock-DiPolito, Trustee Bill Jonson, and Trustee Jay E.
Polglaze.
Also Present: William B. Horne II - City Manager, Jill S. Silverboard - 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 9:07 a.m. at City Hall.
2. Approval of Minutes
2.1 Approve the minutes of the August 13, 2012 Pension Trustees meeting as
submitted in written summation by the City Clerk.
Trustee Bill Jonson moved to approve the minutes of the August 13, 2012 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 Approve the request of the new hires for acceptance into the pension plan as
listed.
Name, Job. Class, & Dept./Div .. Hire Date Eliq. Date
Ellen Walton, Library Assistant, Library 02/14/2012 06/30/2012*
Benjamin Carter, Park Ser Tech I, Parks and Rec 07/02/2012 07/02/2012
Amy Anton, Legal Staff Assistant, Legal Dept 07/02/2012 07/02/2012
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Rachel Robledo, Librarian II, Library 07/02/2012 07/02/2012
Carl Allison, WWTP Operator, Public Utilities 07/14/2012 07/14/2012
Paul Mac, Electronic Technician, Public Utilities 07/16/2012 07/16/2012
Katherine Fernandez, Police Info Tech, Police Depart 07/16/2012 07/16/2012
Malik Salam, Public Utilities Technician, Public
Utilities 07/16/2012 07/16/2012
*Originally hired as part-time on 02/14/2012; transferred to full-time and pension eligible
as of 06/30/2012.
Trustee Doreen Hock-DiPolito moved to d approve the request of the new hires for
acceptance into the pension plan as listed. The motion was duly seconded and carried
unanimously.
3.2 Approve the request of employees George Miller of the Solid Waste Department
and Peter Rullo of the Public Utilities Department for a regular pension as
Provided by Sections 2.397 and 2.398 of the Employees Pension Plan.
George Miller, Solid Waste Equipment Operator, Solid Waste Department, was
employed by the City on August 20, 1980, 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 $47,076.73 per year over the past five years, the
formula for computing regular pensions, and Mr. Miller's selection of the 100%
Joint and Survivor Annuity, this pension will approximate $40,185.84 annually.
Peter Rullo, Industrial Pretreatment Technician, Public Utilities Department, was
employed by the City on July 24, 1989, 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 $51,692.14 per year over the past five years, the
formula for computing regular pension and Mr. Rullo's selection of the Joint and
Survivor Annuity, this pension will approximate $32,813.73 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. Mr. Miller qualifies under the thirty years of service criteria
and Mr. Rullo qualifies under the age 55 and 20 years of service criteria.
Trustee Jay Polglaze moved to approve the request of employees George Miller of the
Solid Waste Department and Peter Rullo of the Public Utilities 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.
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5. Adjourn
The meeting was adjourned at 9:08 a.m.
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Pension Trustees 2012-09-18 3