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12/12/2005 Pension Trustees Agenda Date: 12/12/2005 Location: Council Chambers - City Hall Call to Order Approval of Minutes 11-14-2005 Pension Trustee Items 1. Accept the employees listed below into membership in the City of Clearwater's Employees' Pension Plan. 2. Edgar McAffee, Public Services; Leroy Robinson, Jr., Public Utilities Department; and Simon Reina, 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. Other Business Adjourn Pension Trustees Agenda 12/12/2005 Page 1 of 1 y :~. '.. ':"~. . , . .~ .. ~. . .' . .~'.'......,! ~ " ...,"~~.<-'-. , , . . . . / ,. I I, . ~ Pension Trustee Cover Memorandum . .................................................. Trackinq Number: 1,750 Actual Date: 12/12/2005 Subiect / Recommendation: Accept the employees listed below into membership in the City of Clearwater's Employees' Pension Plan. Summary: Pension Elig. Name, Job. Class, & Dept.jDiv. Hire Date Date Julia Babcock, Planner I/Planning 9/6/05 9/6/05 Perteio Arizala DeGuzman, Solid Waste Worker/Solid Waste 10/3/05 Timothy McVey, Solid Waste Worker/Solid Waste 10/3/05 Sean Flynn, Fire Medic/Fire 9/6/05 9/6/05 James Boise, Tradesworker/Parks & Recreation 10/10/05 10/10/05 Christopher Malone, Survey Assistant I/Engineering 10/17/05 10/17/05 John Warner, Customer Ser. Rep.jDevelopment & Neighborhood Ser. 10/17/05 Lisa Kothe, Librarian I/Library 10/17/05 10/17/05 David Ruch, Parks Service Technician I/Parks & Recreation 10/17/05 10/17/05 Joseph Bolle, Parks Service Technician I/Parks & Recreation 10/17/05 10/17/05 10/3/05 10/3/05 10/17/05 Oriqinatinq: Human Resources Review Approval Cyndie Goudeau 12-01-2005 11 : 40 : 17 y :~. '.. ':"~. . , . .~ .. ~. . .' . .~'.'......,! ~ " ...,"~~.<-'-. , , . . . . / ,. I I, . ~ Pension Trustee Cover Memorandum . .................................................. Trackinq Number: 1,751 Actual Date: 12/12/2005 Subiect / Recommendation: Edgar McAffee, Public Services; Leroy Robinson, Jr., Public Utilities Department; and Simon Reina, 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. Summary: Edgar McAffee, Public Services Technician II, Public Services Department, was employed by the City on June 16, 1975, and his pension service credit is effective on December 19, 1975. His pension will be effective January 1, 2006. Based on an average salary of approximately $35,683 per year over the past five years, the formula for computing regular pensions, and Mr. McAffee's selection of the Joint & Survivor Annuity, this pension will approximate $29,438 annually. Leroy D. Robinson, Jr., Public Utilities Technician II, Public Utilities Department, was employed by the City on December 9, 1985, and his pension service credit is effective on that date. His pension will be effective January 1, 2006. Based on an average salary of approximately $37,689 per year over the past five years, the formula for computing regular pensions, and Mr. Robinson's selection of the Joint & Survivor Annuity, this pension will approximate $20,790 annually. Simon Reina, Police Officer, Police Department, was employed by the City on October 24, 1983, and his pension service credit is effective on that date. His pension will be effective January 1, 2006. Based on an average salary of approximately $58,696 per year over the past five years, the formula for computing regular pensions, and Mr. Reina's selection of the 100% Joint & Survivor Annuity, this pension will approximate $35,123 annually. Oriqinatinq: Human Resources Review Approval Cvndie Goudeau 12-01-2005 11:39:36 Regular Pensions Page 2 December 12, 2005 These pensions were approved by the Pension Advisory Committee on November 10, 2005. 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 thirty years of credited service, or has reached age 65 and completed ten years of credited service. Section 2.393 also 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 Police Officer as meeting the hazardous duty criteria. Mr. McAffee qualifies under both the 30 years of service and 20 years of service and age 55 criteria. Mr. Robinson qualifies under the 20 years of service and age 55 criteria. Mr. Reina qualifies under the hazardous duty criteria.