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02/18/2014 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING MINUTES CITY OF CLEARWATER IIII"""'6biruary 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 11- 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 Cretekos The meeting was called to order at 9:08 a.m. at City Hall. 2. Approval of Minutes 2.1 Approve the minutes of the January 13, 2014 Pension Trustees meeting as submitted in written summation by the City Clerk. Trustee Bill Jonson moved to approve the minutes of the January 13, 2014 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 Kimberly Handville, Customer SvcRep, Cust Svc Dept 12/02/2013 12/02/2013 Molly Hays, Library Assistant, Library Department 12/15/2013 12/15/2013 Michael Johnson, Police Comm Oper, Police Dept 12/15/2013 12/15/2013 Thomas C. Miller, Solid Waste Worker, Solid Waste Dept 12/16/2013 12/16/2013 CRA 2014-02-18 1 Calvin Dollard, Solid Waste Worker, Solid Waste Dept 12/16/2013 12/16/2013 Charles Stewart, Customer Svc Rep, Customer Svc Dept 12/16/2013 12/16/2013 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 Stephen Bohling, Police Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees Pension Plan. Stephen Bohling, Police Officer, Police Department, was employed by the City on July 29, 1991 and his pension service credit is effective on that date. His pension will be effective January 1, 2014. Based on an average salary of approximately $75,981.41 over the past five years, the formula for computing regular pensions and Mr. Bohling's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $45,788.04 annually. 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 years of credited service regardless of age, or the date on which the participant has reached fifty-five years and completed ten years of credited service. Mr. Bohling meets the hazardous duty criteria. Trustee Jay Polglaze moved to approve the following request of employee Stephen Bohling, Police 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. CRA 2014-02-18 2 6. Adjourn The meeting adjourned at 9:10 a.m. qwite 1 cf r40; Chair ployees' Pension Plan Trustees City Clerk Pension Trustees 2014 -02 -18 3