02/13/2006
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Pension Trustees Agenda
Date: 02/13/2006
Location: Council Chambers - City Hall
Call to Order
Approval of Minutes
01-17-2006
Pension Trustee Items
1. Accept the employees listed below into membership in the City of Clearwater's
Employees' Pension Plan.
2. William Sheppard, Fire Department, and Edward Hunley, Police Department, be
granted regular pensions under Section(s) 2.393 and 2.397 of the Employees' Pension
Plan as approved by the Pension Advisory Committee.
3. Michael Furlong, Systems Analyst, Information Technology Department, be allowed to
vest his pension under Section(s) 2.397 and 2.398 of the Employees' Pension Plan as
approved by the Pension Advisory Committee.
Other Business
Adjourn
Pension Trustees Agenda 2/13/2006
Page 1 of 1
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Trackina Number: 1,871
Actual Date: 02/13/2006
Subiect / Recommendation:
Accept the employees listed below into membership in the City of Clearwater's Employees'
Pension Plan.
Summarv:
Pension Elig.
Name, Job. Class, & Dept.jDiv.
Hire Date
Date
Josh Riley, Field Service Representative/Customer Service 11/14/05 11/14/05
Rafael Gray, Parks Service Technician I/parks & Recreation 10/24/05 10/24/05
Paul Cooper, Construction Inspector I/Public Services 11/28/05 11/28/05
Burton Spissak, Licensed Electrician/Parks & Recreation 11/28/05 11/28/05
Catherine Dumlao, Police Communications Operator/Police 11/28/05 11/28/05
Mary Carroll, Parks Service Technician I/parks & Recreation 11/28/05 11/28/05
John Garakop, Welder/Solid Waste 11/28/05 11/28/05
Amber Meagher, Police Communications Operator Trainee/Police 11/28/05 11/28/05
Konrad Ciolko, Senior Marine Life Guard/Marine & Aviation 11/27/05 11/27/05
Alex Deimling, Survey Assistant I/Engineering 11/28/05 11/28/05
Fernando Pangandoyon, WWTP Operator/Public Utilities 12/12/05 12/12/05
Jahayra Camara, Development Review Tech. I/Dev. & Neigh. Ser. 12/12/05 12/12/05
Olatunji Okuboye, Custodial Worker/General Services 12/12/05 12/12/05
Travis Mouzon, Solid Waste Worker/Solid Waste 12/12/05 12/12/05
Thomas Brooks, Solid Waste Worker/Solid Waste 12/12/05 12/12/05
Oriqinatinq: Human Resources
Review Approval
Dina Hvson
02-06-2006
12:16:51
Cvndie Goudeau
02-06-2006
12:41:32
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Trackina Number: 1,869
Actual Date: 02/13/2006
Subiect / Recommendation:
William Sheppard, Fire Department, and Edward Hunley, Police Department, be granted regular
pensions under Section(s) 2.393 and 2.397 of the Employees' Pension Plan as approved by the
Pension Advisory Committee.
Summarv:
William Sheppard, Firefighter/Driver Operator, Fire Department, was employed by the City on
August 28, 1978, and his pension service credit is effective on that date. His pension will be
effective March 1, 2006.
Based on an average salary of approximately $53,674 per year over the past five years, the
formula for computing regular pensions, and Mr. Sheppard's selection of the 75% Joint &
Survivor Annuity, this pension will approximate $40,925 annually.
Edward Hunley, Police Sergeant, Police Department, was employed by the City on January 21,
1985, and his pension service credit is effective on that date. Her pension will be effective
March 1, 2006.
Based on an average salary of approximately $70,868 per year over the past five years, the
formula for computing regular pensions, and Mr. Hunley's selection of the 100% Joint & Survivor
Annuity, this pension will approximate $38,550 annually.
These pensions were approved by the Pension Advisory Committee on January 12, 2006.
Section 2.393 provides for normal retirement eligibility when a participant has completed twenty
years of credited service in a type of employment described as "hazardous duty" and further
defines service as a Firefighter Driver/Operator and Police Sergeant as meeting the hazardous
duty criteria. Mr. Sheppard and Mr. Hunley qualify under the hazardous duty criteria.
Oriainatina: Human Resources
Review Approval
Dina Hvson
02-06-2006
12:21:09
Cvndie Goudeau
02-06-2006
12:40:18
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Trackina Number: 1,870
Actual Date: 02/13/2006
Subiect / Recommendation:
Michael Furlong, Systems Analyst, Information Technology Department, be allowed to vest his
pension under Section(s) 2.397 and 2.398 of the Employees' Pension Plan as approved by the
Pension Advisory Committee.
Summarv:
Michael Furlong, Systems Analyst, Information Technology Department, was employed by the
City on October 3, 1994, and began participating in the Pension Plan on that date. Mr. Furlong
terminated from City employment on January 13, 2006.
The Employees' Pension Plan provides that should an employee cease to be an employee of the
City of Clearwater 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 2.393 (p) 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. Furlong would have
completed at least 20 years of service and reached age 55 on September 4, 2018. His pension
will be effective October 1, 2018. This pension was approved by the Pension Advisory
Committee on January 12, 2006.
Oriqinatinq: Human Resources
Review Approval
Dina Hvson
02-06-2006
12: 17: 59
Cvndie Goudeau
02-06-2006
12:41:05