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11/18/2013 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING MINUTES CITY OF CLEARWATER November 18, 2013 Present: Chair/Trustee George N. Cretekos, Trustee Paul Gibson, Trustee Doreen Hock-DiPolito, Trustee Bill Jonson, 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, Nicole Sprague - Official Records and Legislative Services Coordinator To provide continuity for research, items are listed in agenda order although not necessarily discussed in that order. 1. Call to Order The meeting was called to order at 1:10 p.m. at City Hall. 2. Approval of Minutes 2.1 Approve the minutes of the October 14, 2013 Pension Trustees meeting as submitted in written summation by the City Clerk. Trustee Bill Jonson moved to approve the minutes of the October 14, 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 new hires for acceptance into the Pension Plan as listed. Pension Name, Job. Class, Dept./Div Hire Date Elig. Date Eric Hermann, Licensed Electrician, Gen Svc Dept 8/26/2013 8/26/2013 Alexander Nadeau, Field Service Rep, Customer Svc Dept 8/26/2013 8/26/2013 Scott Adam, Gas Tech I, Gas Systems Dept 8/26/2013 8/26/2013 Brian Butler, Gas Tech I, Gas Systems Dept 8/26/2013 8/26/2013 Pension Trustee 2013-11-18 1 Allen Tucker, Gas Tech I, Gas Systems Dept 8/26/2013 8/26/2013 Robert Malick, Gas Tech I, Gas Systems Dept 8/26/2013 8/26/2013 Bradley Hamilton, Eng Cons Insp II, Engineering Dept 8/26/2013 8/26/2013 Sawang Phommaleuth, Recr Leader, Parks and Rec Dept 9/09/2013 9/09/2013 Tara Weber, Recreation Leader, Parks and Rec Dept 9/09/2013 9/09/2013 James Campbell, Police Officer, Police Department 9/09/2013 9/09/2013 William Robinson, Gas Tech I, Gas Systems Dept 9/09/2013 9/09/2013 Tabatha Anderson, Pol Comm Op Trainee, Police Dept 9/09/2013 9/09/2013 Misty Gettig, Police Comm Op Trainee, Police Dept 9/09/2013 9/09/2013 Nick Hesterman, Engineering Tech, Engineering Dept 9/23/2013 9/23/2013 Jeanne Blaettner, Accounting Clerk, Finance Department 9/23/2013 9/23/2013 Anna Gurney, Public Information Coord, Parks and Rec 9/23/2013 9/23/2013 Trustee Doreen Hock-DiPolito moved to approve the new hires for acceptance into the Pension Plan as listed. The motion was duly seconded and carried unanimously. 4.2 Approve the following request of employee Alice Eckman, Engineering Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees Pension Plan. Alice Eckman, Construction Office Specialist, Engineering Department, was employed by the City on July 9, 1984 and her pension service credit is effective on that date. Her pension will be effective November 1, 2013. Based on an average salary of approximately $43,576.92 over the past five years, the formula for computing regular pensions and Ms. Eckman's selection of the 50% Joint and Survivor Annuity, this pension benefit will be approximately $36,235.32 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 twenty years of credited service; the date on which a participant has reached age sixty-five years and completed ten years of credited service; or the date on which a member has completed thirty 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 sixty years and completed twenty-five years of credited service; or the date on which a participant has reached the age of sixty-five years and completed ten years of credited service. Ms. Eckman has met the non- hazardous duty criteria. Pension Trustee 2013-11-18 2 Trustee Jay Polglaze moved to approve the following request of employee Alice Eckman, Engineering 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. 5. Other Business — None. 6. Adjourn The meeting adjourned at 1:11 p.m. geOrke n Cre V,<)S Chair Attest ;=���Lafrys ^�,, Employees' Pension Plan Trustees Pension Trustee 2013 -11 -18 3