08/12/2013 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING MINUTES
CITY OF CLEARWATER
August 12, 2013
Present: Chair/Trustee George N. Cretekos, Trustee Paul Gibson, Trustee Bill
Jonson, and Trustee Jay E. Polglaze.
Also Present: 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 1:53 p.m. at City Hall.
It was stated that Trustee Doreen Hock-DiPolito was not present; she was representing
the City at the Advisory Committee for Pinellas Transportation meeting.
2. Approval of Minutes
2.1 Approve the minutes of the July 15, 2013 Pension Trustees meeting as
submitted in written summation by the City Clerk.
Trustee Bill Jonson moved to approve the minutes of the July 15, 2013 Pension
Trustees meeting as submitted in written summation by the City Clerk. The motion was
duly seconded and carried unanimously.
3. Citizens to be Heard re Items Not on the Agenda — None.
4. Pension Trustee Items
4.1 Approve the request of the new hires for acceptance into the pension plan as
listed.
Pension
Name, Job. Class, & Dept./Div. Hire Date Elig. Date
Jorge Hernandez, Gas Program Specialist, Gas Dept 06/03/2013 06/03/2013
Andre Dodson, Solid Waste Worker, Solid Waste Dept 06/03/2013 06/03/2013
Pension Trustees 2013-08-12 1
Joel Rudolph, Field Service Rep, Cust Service Dept 06/10/2013 06/10/2013
Dustin Dulek, Parks Service Tech I, Parks and Rec Dept 06/17/2013 06/17/2013
Louis Christou, Accounting Tech, Parks and Rec Dept 06/17/2013 06/17/2013
James Cooney, Utilities Mechanic, Public Utilities Dept 06/17/2013 06/17/2013
Kris Koch, Recreation Supervisor, Parks and Rec Dept 06/17/2013 06/17/2013
Jeffrey Gavani, Per/Payroll Tech, Parks and Rec Dept 06/17/2013 06/17/2013
Zachary Gutshall, Park Sery Tech 1, Parks and Rec Dept 06/17/2013 06/17/2013
Marlon McIntyre, SW Worker, Solid Waste Dept 06/17/2013 06/17/2013
Trustee Jay Polglaze 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.
4.2 Approve the request of the following request of employees Kathleen Bedini,
Engineering Department; James Beardsley, Parks and Recreation Department;
Thomas Milne, Police Department and Richard Crean, Police Department for a
regular pension as provided by Sections 2.416 and 2.424 of the Employees
Pension Plan.
Kathleen Bedini, Staff Assistant, Engineering Department, was employed by the
City on January 5, 1998 and her pension service credit is effective on that date.
Her pension will be effective September 1, 2013. Based on an average salary of
approximately $30,717.58 over the past five years, the formula for computing
regular pensions and Ms. Bedini's selection of the Single Life Annuity, this
pension benefit will be approximately $13,208.28 annually.
James Beardsley, Parks Service Technician 111, Parks and Recreation
Department, was employed by the City on November 12, 1974 and his pension
service credit is effective on that date. His pension will be effective on September
1, 2013. Based on an average salary of approximately $42,182.56 over the past
five years, the formula for computing regular pensions and Mr. Beardsley's
selection of the 50% Joint and Survivor Annuity, this pension benefit will be
approximately $47,207.16 annually.
Thomas Milne, Police Officer, Police Department, was employed by the City on
July 8, 1993 and his pension service credit is effective on that date. His pension
will be effective August 1, 2013. Based on an average salary of approximately
$83,016.18 over the past five years, the formula for computing regular pensions
and Mr. Milne's selection of the 100% Joint and Survivor Annuity, this pension
benefit will be approximately $43,813.44 annually.
Richard Crean, Police Sergeant, Police Department, was employed by the City on
December 30, 1991 and his pension service credit is effective on that date. His
pension will be effective August 1, 2013. Based on an average salary of
approximately $91,966.96 over the past five years, the formula for computing
Pension Trustees 2013-08-12 2
regular pensions and Mr. Crean's selection of the Joint and Survivor Annuity, this
pension benefit will be approximately $54,742.56 annually.
Section 2.416 provides for normal retirement eligibility for non-hazardous duty
employees hired prior to the effective date of this reinstatement (January 1, 2013),
a member shall be eligible for retirement following the earlier of the date on which
a participant has reached the age of 55 years and completed 20 years of credited
service; the date on which a participant has reached age 65 years and completed
10 years of credited service; or the date on which a member has completed 30
years of service regardless of age. For non-hazardous duty employees hired on or
after the effective date of this restatement, a member shall be eligible for
retirement following the earlier of the date on which a participant has reached the
age of 60 years and completed 25 years of credited service; or the date on which
a participant has reached the age of 65 years and completed 10 years of credited
service. Ms. Bedini and Mr. Beardsley have met the non-hazardous duty criteria.
Section 2.416 provides for normal retirement eligibility for hazardous duty
employees, a member shall be eligible for retirement following the earlier of the
date on which the participant has completed 20 years of credited service
regardless of age, or the date on which the participant has reached 55 years and
completed 10 years of credited service. Mr. Milne and Mr. Crean meet the
hazardous duty criteria.
Trustee Paul Gibson moved to approve the request of the following request of
employees Kathleen Bedini, Engineering Department; James Beardsley, Parks and
Recreation Department; Thomas Milne, Police Department and Richard Crean, Police
Department for a regular pension as provided by Sections 2.416 and 2.424 of the
Employees Pension Plan. The motion was duly seconded and carried unanimously.
4.3 Approve the request of employee James Geary of the Customer Service
Department to vest his pension as provided by Section 2.419 of the Employees
Pension Plan.
James Geary, Director, Customer Service Department, was employed by the City
on September 14, 1998, and began participating in the Pension Plan on that date.
Mr. Geary 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.
Pension Trustees 2013-08-12 3
Section 2.416 provides for normal retirement eligibility for non - hazardous duty
employees hired prior to the effective date of this reinstatement (January 1, 2013),
a member shall be eligible for retirement following the earlier of the date on which
a participant has reached the age of 55 years and completed 20 years of credited
service; the date on which a participant has reached age 65 years and completed
10 years of credited service; or the date on which a member has completed 30
years of service regardless of age. For non - hazardous duty employees hired on or
after the effective date of this restatement, a member shall be eligible for
retirement following the earlier of the date on which a participant has reached the
age of 60 years and completed 25 years of credited service; or the date on which
a participant has reached the age of 65 years and completed 10 years of credited
service. Mr. Geary meets the non - hazardous duty criteria.
Trustee Bill Jonson moved to approve the request of employee James Geary of the
Customer Service Department to vest his pension as provided by Section 2.419 of the
Employees Pension Plan. The motion was duly seconded and carried unanimously.
5. Other Business — None.
6. Adjourn
The meeting adjourned at 1:55 p.m.
Attest
City Clerk
g eort t'1 Ce AC �os
hair
Ioyees' Pension Plan Trustees
Pension Trustees 2013 -08 -12 4