01/14/2013
MEETING MINUTES
TRUSTEES OF THE EMPLOYEES’ PENSION FUND
CITY OF CLEARWATER
January 14, 2013
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, 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 1:04 p.m.
2. Approval of Minutes
2.1 Approve the minutes of the December 17, 2012 Pension Trustees meeting as
submitted in written summation by the City Clerk.
Trustee Bill Jonson moved to approve the minutes of the December 17, 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 Elig.Date
Brandon Dragustine, Service Dispatcher, Gas Department 11/03/12 11/03/12
Emery Rumsey, Fleet Mechanic, Gen. Services Dept. 11/05/12 11/05/12
Sean Deeran, Field Service Rep, Customer Service Dept. 11/13/12 11/13/12
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Katrina Ragan, Library Assistant, Library Department 11/17/12 11/17/12
Zorana Kojic, Industrial Pretreatment Tech, Public Util. Dept 11/19/12 11/19/12
Trustee Doreen Hock-DiPolito moved to 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 Robert Kimball of the General Services
Department, James Lightfoot of the Parks and Recreation Department, Louis A.
Corona II of the Police Department, Charles Williamson of the General Services
Department, and Faye Wilkinson of the Police Department for a regular pension
as provided by Sections 2.397 and 2.398 of the Employees Pension Plan.
Robert Kimball, Fleet Mechanic, Solid Waste/General Services Department, was
employed by the City on October 27, 1980, and his pension service credit is
effective on that date. His pension will be effective January 1, 2013. Based on an
average salary of approximately $58,229.31 per year over the past five years, the
formula for computing regular pensions, and Mr. Kimball’s selection of the Joint
and Survivor Annuity, this pension will approximate $51,633.24 annually.
James Lightfoot, Recreation Programmer, Parks and Recreation Department, was
employed by the City on September 8, 1979, and his pension service credit is
effective on that date. His pension will be effective February 1, 2013. Based on
an average salary of approximately $43,569.96 per year over the past five years,
the formula for computing regular pensions, and Mr. Lightfoot’s selection of the
50% Joint and Survivor Annuity, this pension will approximate $39,160.20
annually.
Louis A. Corona II, Police Social Services Specialist, Police Department, was
employed by the City on November 30, 1992, and his pension service credit is
effective on that date. His pension will be effective January 1, 2013. Based on an
average salary of approximately $ 52,787.99 per year over the past five years, the
formula for computing regular pensions, and Mr. Corona’s selection of the 100%
Joint and Survivor Annuity, this pension will approximate $28,720.56 annually.
Charles Williamson, Licensed Electrician, General Services Department, was
employed by the City on December 12, 1983, and his pension service credit is
effective on that date. His pension will be effective December 1, 2012. Based on
an average salary of approximately $55,287.46 per year over the past five years,
the formula for computing regular pensions, and Mr. Williamson’s selection of the
100% Joint and Survivor Annuity, this pension will approximate $43,145.52
annually.
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Faye Wilkinson, Police Officer, Police Department, was employed by the City on
November 7, 1988, and her pension service credit is effective on that date. Her
pension will be effective December 1, 2012. Based on an average salary of
approximately $73,873.26 per year over the past five years, the formula for
computing regular pensions, and Ms. Wilkinson’s selection of the Life Annuity, this
pension will approximate $49,152.48 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. Corona and Mr. Williamson qualify under the age 55 and twenty years
of service criteria. Mr. Kimball and Mr. Lightfoot qualify under the thirty years of
service criteria.
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 Major, Police Sergeant, and Police
Lieutenant as meeting the hazardous duty criteria. Ms. Wilkinson qualifies under
the hazardous duty criteria.
Trustee Jay Polglaze moved to approve the request of employees Robert Kimball of the
General Services Department, James Lightfoot of the Parks and Recreation
Department, Louis A. Corona II of the Police Department, Charles Williamson of the
General Services Department, and Faye Wilkinson of the 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.
3.3 Approve the request of employee Scott Yates of the Information Technology
Department and Donna Matheson of the General Services/Solid Waste
Department to vest their pension as provided by Section 2.397 of the Employees
Pension Plan.
Donna Matheson, Staff Assistant, Solid Waste/General Services Department,
was employed by the City on November 8, 2001, and began participating in the
Pension Plan on that date. Ms. Matheson terminated from City employment on
October 31, 2012.
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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 credited service, or has reached age 65 and completed ten years of
credited service. Ms. Matheson would have completed at least 20 years of service
and will reach age 55 on November 8, 2021. Her pension will be effective
December 1, 2021.
Scott Yates, Senior Systems Programmer, Information Technology Department,
was employed by the City on August 17, 1998, and began participating in the
Pension Plan on that date. Mr. Yates terminated from City employment on
November 9, 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 credited service, or has reached age 65 and completed ten years of
credited service. Mr. Yates would have completed at least 20 years of service and
will reach age 55 on November 13, 2018. His pension will be effective December
1, 2018.
Trustee Paul Gibson moved to approve the request of employee Scott Yates of the
Information Technology Department and Donna Matheson of the General
Services/Solid Waste Department to vest their pension as provided by Section 2.397 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 1:06 p.m.
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