12/16/2013 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING MINUTES
CITY OF CLEARWATER
IIII c iiir Illy r °16, 2013
Present: Chair/Trustee George N. Cretekos, Trustee Paul Gibson, Trustee
Doreen Hock-DiPolito, Trustee Bill Jonson, Trustee Jay E. 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— Chair George N. Cretekos
The meeting was called to order at 1:45 p.m. at City Hall.
2. Approval of Minutes
2.1 Approve the minutes of the November 18, 2013 Pension Trustees meeting as
submitted in written summation by the City Clerk.
Trustee Bill Jonson moved to approve the minutes of the November 18, 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
Macie Tripple, Recreation Leader, Parks and Rec Dept 10/5/2013 10/5/2013
Kelly Hogan, Police Officer, Police Dept 10/7/2013 10/7/2013
Matthew Richmond, Police Officer, Police Dept 10/7/2013 10/7/2013
Stephen Baris, Police Officer, Police Dept 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
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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
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 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.
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' 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 (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 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. 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 55
Pension Trustees 2013-12-16 2
years and completed 10 years of credited service. Mr. DeJesus meets the
hazardous duty criteria.
Trustee Jay Polglaze moved to 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. The motion was duly seconded and carried unanimously.
4.3 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.
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 (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 sixty five (65)
years and completed 10 years of credited service. Ms. Foster will meet the non-
hazardous duty criteria and begin collecting a pension in October 2017.
Trustee Paul Gibson moved to 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. The motion was duly seconded and carried unanimously.
Pension Trustees 2013-12-16 3
5. Other Business — None.
6. Adjourn
The meeting adjourned at 1:47 p.m.
- e_,Ofk,( nCr CV t-OS
Chair
Attest ""'` r�e► Employees' Pension Plan Trustees
City Clerk
Pension Trustees 2013 -12 -16 4