01/10/2013
PENSION ADVISORY COMMITTEE MEETING MINUTES
CITY OF CLEARWATER
January 10, 2013
Present: Chair Nathan Hightower, Vice-Chair Tom Jensen, Committee
Member/Councilmember Paul Gibson, Committee Member Brian De Witt, Committee
Member/Councilmember Bill Jonson, Committee Member Daniel Slaughter, and
Committee Member/Councilmember Doreen Hock-DiPolito
Also present: Joe Roseto – Human Resources Director, Patricia O. Sullivan - Board
Reporter
1. Call to Order
The Chair called the meeting to order at 9:00 a.m.
2. Approval of Minutes
2.1 Approve the minutes of the December 13, 2012 Pension Advisory Committee
meeting as submitted in written summation.
Member Jonson moved to approve Item 2.1. The motion was duly seconded and
carried unanimously.
3. Employees to be Heard: None
4. Review and Action on Employee Requests to Vest Pensions
4.1 Recommend approval of the request of employee Laura Burgess of the Parks and
Recreation Department and Jamie Abbott of the Customer Service Department to
vest their pensions as provided by Section 2.397 of the Employees Pension Plan.
Laura Burgess, Recreation Leader, Parks and Recreation Department, was
employed by the City on February 22, 1988, and began participating in the
Pension Plan on that date. Ms. Burgess terminated from City employment on
December 28, 2012.
Jamie Abbott, Customer Service Manager, Customer Service Department, was
employed by the City on July 17, 2000, and began participating in the Pension
Plan on that date. Ms. Abbott terminated from City employment on October 29,
2012.
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
2.397 provides for normal retirement eligibility when a participant has reached age
55 and completed twenty years of credited service, has completed 30 years of
Pension Advisory 2013-01-10
credited service, or has reached age 65 and completed ten years of credited
service. Ms. Burgess has completed at least 20 years of service and will reach
age 55 on March 22, 2013. Her pension will be effective April 1, 2013. Ms.
Abbott will have reached age 55 and would have completed 20 years of service
on July 17, 2020. Her pension will be effective August 1, 2020.
Member Jensen moved to approve Item 4.1. The motion was duly seconded and
carried unanimously.
5. Approval of New Hires as Plan Members:
5.1 Recommend approval of the new hires for acceptance into the pension plan as
listed:
Pension Name, Job. Class, & Dept./Div. Hire Date Elig. Date
Alicia Goldstein, Customer Svc. Rep., Customer Service 12/03/12 12/03/12
Glen Slawsky, Librarian I, Library Systems 12/03/12 12/03/12
Nicholas Namaga, WWTPO Trainee, Public Utilities 12/03/12 12/03/12
Robert Starks, WWTPO Trainee, Public Utilities 12/03/12 12/03/12
Stacie Van Nostrand, Parking Enforce Spec, Engineering 12/03/12 12/03/12
Charles Snitchler, Gas Svc. Dispatcher, Gas Department 12/17/12 12/17/12
Karim Farid, Solid Waste Operator, Solid Waste/GS 12/17/12 12/17/12
Member Hock-DiPolito moved to approve Item 4.1. The motion was duly seconded and
carried unanimously.
6. Director’s Reports
Human Resources Director Joe Roseto requested the Committee schedule discussion
of disability requests by employees Kent Reeves and Terry Butler. Members will
receive medical and IME (Independent Medical Exam) records prior to the meeting.
Member Hock-DiPolito moved for the PAC (Pension Advisory Committee) to schedule
discussion of disability requests by employees Kent Reeves and Terry Butler on
February 14, 2013.
7. Committee Members to be Heard
Pension Advisory 2013-01-10
Members discussed the pension plan actuary's presentation, life expectancy tables, the
City's pension plan, and problems related to underfunded plans. Previous Mayors,
Councils, and administrations were thanked for their hard work and planning efforts that
resulted in the City's high credit rating and well-funded pension plan.
Member Hock-DiPolito wished all a Happy New Year.
8. Adjourn
The meeting adjourned at 9:13 a.m.
1P17)
Chair ,
Pension Advisory Committee
Attest
Board ' -po -r
Pension Advisory 2013-01-10