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12/16/2013 PENSION TRUSTEES AGENDA Location: Council Chambers - City Hall Date: 12/16/2013- 1:00 PM 1. Call to Order 2. Approval of Minutes 2.1Approve the minutes of the November 18, 2013 Pension Trustees meeting as submitted in written summation by the City Clerk. Attachments 3. Citizens to be Heard re Items Not on the Agenda 4. Pension Trustee Items 4.1Approve the new hires for acceptance into the Pension Plan as listed. Attachments 4.2Approve the following request of employees Madra Franklin, Customer Service Department and Nelson DeJesus, Fire Department for a regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan. Attachments 4.3Approve the request of employee Kimberly Foster of the Parks and Recreation Department to vest her pension as provided by Section 2.419 of the Employees’ Pension Plan. Attachments 5. Other Business 6. Adjourn Pension Trustees Agenda Council Chambers - City Hall Meeting Date:12/16/2013 SUBJECT / RECOMMENDATION: Approve the minutes of the November 18, 2013 Pension Trustees meeting as submitted in written summation by the City Clerk. SUMMARY: Review Approval: Cover Memo Item # 1 Pension Trustee 2013-11-18 1 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. Unapproved 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 Draft Attachment number 1 \nPage 1 of 3 Item # 1 Pension Trustee 2013-11-18 2 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. Draft Attachment number 1 \nPage 2 of 3 Item # 1 Pension Trustee 2013-11-18 3 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. Chair Employees’ Pension Plan Trustees Attest City Clerk Draft Attachment number 1 \nPage 3 of 3 Item # 1 Pension Trustees Agenda Council Chambers - City Hall Meeting Date:12/16/2013 SUBJECT / RECOMMENDATION: Approve the new hires for acceptance into the Pension Plan as listed. SUMMARY: Pension Name, Job. Class, & Dept./Div. Hire Date Elig. Date Macie Tripple, Recreation Leader, Parks and Rec Dept 10/5/2013 10/5/2013 Kelly Hogan, Police Officer, Police Department 10/7/2013 10/7/2013 Matthew Richmond, Police Officer, Police Department 10/7/2013 10/7/2013 Stephen Baris, Police Officer, Police Department 10/7/2013 10/7/2013 Brian Pape, Solid Waste Equip Oper, Solid Waste Dept 10/7/2013 10/7/2013 Robert Orner, Fleet Mechanic, General Services Dept 10/7/2013 10/7/2013 Patrick Allen, Stormwater Tech I, Eng/Strmwtr Maint Dept 10/7/2013 10/7/2013 Mark Ross, Marine Fac Oper, Marine and Aviation Dept 10/7/2013 10/7/2013 Review Approval: Cover Memo Item # 2 Pension Trustees Agenda Council Chambers - City Hall Meeting Date:12/16/2013 SUBJECT / RECOMMENDATION: Approve the following request of employees Madra Franklin, Customer Service Department and Nelson DeJesus, Fire Department for a regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan. SUMMARY: Madra Franklin, Customer Service Representative, Customer Service Department, was employed by the City on July 2, 1990 and her pension service credit is effective on that date. Her pension will be effective January 1, 2014. Based on an average salary of approximately $37,232.13 over the past five years, the formula for computing regular pensions and Ms. Franklin’s selection of the Single Life Annuity, this pension benefit will be approximately $24,049.80 annually. Nelson DeJesus, Fire Lieutenant, Fire Department, was employed by the City on January 4, 1988 and his pension service credit is effective on that date. His pension will be effective February 1, 2014. Based on an average salary of approximately $78,481.57 over the past five years, the formula for computing regular pensions and Mr. DeJesus’s selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $54,768.96 annually. Section 2.416 provides for normal retirement eligibility for non-hazardous duty employees hired prior to the effective date of this reinstatement (1/1/13), 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 (20) years of credited service; the date on which a participant has reached age sixty five (65) years and completed ten (10) years of credited service; or the date on which a member has completed thirty (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 sixty (60) years and completed twenty five (25) years of credited service; or the date on which a participant has reached the age of sixty five (65) years and completed ten (10) years of credited service. Ms. Franklin meets 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 twenty (20) years of credited service regardless of age, or the date on which the participant has reached fifty five (55) years and completed ten (10) years of credited service. Mr. DeJesus meets the hazardous duty criteria. Review Approval: Cover Memo Item # 3 Attachment number 1 \nPage 1 of 5 Item # 3 Attachment number 1 \nPage 2 of 5 Item # 3 Attachment number 1 \nPage 3 of 5 Item # 3 Attachment number 1 \nPage 4 of 5 Item # 3 Attachment number 1 \nPage 5 of 5 Item # 3 Attachment number 2 \nPage 1 of 4 Item # 3 Attachment number 2 \nPage 2 of 4 Item # 3 Attachment number 2 \nPage 3 of 4 Item # 3 Attachment number 2 \nPage 4 of 4 Item # 3 Pension Trustees Agenda Council Chambers - City Hall Meeting Date:12/16/2013 SUBJECT / RECOMMENDATION: Approve the request of employee Kimberly Foster of the Parks and Recreation Department to vest her pension as provided by Section 2.419 of the Employees’ Pension Plan. SUMMARY: Kimberly Foster, Staff Assistant, Parks and Recreation Department, was employed by the City on September 29, 1997, and began participating in the Pension Plan on that date. Ms. Foster terminated from full-time City employment on October 5, 2013. 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 2.416 provides for normal retirement eligibility for non-hazardous duty employees hired prior to the effective date of this reinstatement (1/1/13), 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 (20) years of credited service; the date on which a participant has reached age sixty five (65) years and completed ten (10) years of credited service; or the date on which a member has completed thirty (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 sixty (60) years and completed twenty five (25) years of credited service; or the date on which a participant has reached the age of sixty five (65) years and completed ten (10) years of credited service. Ms. Foster will meet the non-hazardous duty criteria and begin collecting a pension in October 2017. Review Approval: Cover Memo Item # 4 Attachment number 1 \nPage 1 of 1 Item # 4