07/08/2014 Pension Advisory Committee Meeting Minutes July 8, 2014
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
e
Meeting Minutes
Tuesday, July 8, 2014
9:00 AM
Council Chambers - City Hall
Pension Advisory Committee
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Pension Advisory Committee Meeting Minutes July 8, 2014
Roll Call
Present: Chair Nathan Hightower, Vice-Chair Daniel Slaughter, Committee Member Tom Jensen,
Committee Member/Councilmember Bill Jonson, Committee Member/Councilmember Doreen
Hock-DiPolito, Committee Member/Councilmember Hoyt Hamilton, Committee Member Laura
Damico
Also present: Joe Roseto — Human Resources Director, Patricia O. Sullivan - Board Reporter
1. Call To Order
The Chair called the meeting to order at 9:00 a.m. at City Hall.
2. Approval of Minutes
2.1 Approve minutes of June 12, 2014 Pension Advisory Committee meeting as submitted
in written summation.
Committee Member Hamilton moved to approve the minutes of the
June 12, 2014 Pension Advisory Committee meeting as submitted in
written summation. The motion was duly seconded and carried
unanimously.
3. Citizens to be Heard Regarding Items Not on the Agenda: None.
4. New Business Items
4.1 Recommend approval of the new hires for acceptance into the Pension Plan as listed.
Pension Name, Job. Class, & Dept./Div. Eligibility Date
Asia Crawley, Customer Service Rep, Customer Service Dept. 06/02/2014
Jodi Ward, Customer Service Rep, Customer Service Dept. 06/02/2014
Jennifer Moulton, Personnel Payroll Technician, Parks and Rec Dept. 06/02/2014
Jody Criswell, Water Distribution Operator Trainee, Public Utilities Dept 06/02/2014
Matthew D'Andrea, Water Distribution Operator Trainee, Public Util Dept. 06/02/2014*
Nicole Fairweather, Solid Waste Equipment Operator, SW/GS Department 06/16/2014
Rashard Young, Solid Waste Worker, SW/GS Department 06/16/2014
Brittney Nikles, Legal Staff Assistant, Legal Department 06/16/2014
Marina Kiriyeva, Senior Programmer, Information Technology Dept. 06/16/2014
Timothy Simecek, Systems Analyst, Information Technology Dept. 06/16/2014
Kyle Brotherton, Planner II, Planning and Development Department 06/16/2014
Ryan Dilley, Field Service Representative, Customer Service Dept. 06/16/2014**
*Matthew D'Andrea was hired as a seasonal employee from 03/2006-09/2006, rehired as a
seasonal employee 05/02/2013, then transferred to a full-time permanent position as of
06/02/2014 and will be eligible for the pension plan as of that date.
**Ryan Dilley was hired into a temporary position as of 06/25/2012, transferred to a permanent
part time position as of 12/3/2012 and into a full-time permanent position as of 06/16/2014; he will
be eligible for pension as of that date.
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Pension Advisory Committee Meeting Minutes July 8, 2014
Committee Member Jensen moved to recommend approval of the
new hires for acceptance into the Pension Plan as listed. The motion
was duly seconded and carried unanimously.
4.2 Recommend approval of the following request of employees Richard Bennett,
Engineering Department, David Jackson, Fire Department, Ralph Rowe, Planning
and Development Department, John Tierney, Solid Waste and General Services
Department, Juan Torres, Police Department, and Dane Whitt, Gas Department for a
regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension
Plan.
Richard Bennett, Construction Inspector II, Engineering Department, was
employed by the City on July 26, 1982 and his pension service credit is
effective on that date. His pension will be effective August 1, 2014.
Based on an average salary of approximately $51,701.06 over the past five
years, the formula for computing regular pensions and Mr. Bennett's selection
of the 100% Joint and Survivor Annuity, this pension benefit will be
approximately $44,358.12 annually.
David Jackson, Firefighter Driver-Operator, Fire 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 August 1, 2014.
Based on an average salary of approximately $59,979.95 over the past five
years, the formula for computing regular pensions, Mr. Jackson's selection of
the 50% Joint and Survivor Annuity with 20% partial lump sum distribution, this
pension benefit will be approximately $30,921.48 annually.
Ralph Rowe, Plans Examiner, Planning and Development Department,
was employed by the City on February 3, 1986 and his pension service credit
is effective on that date. His pension will be effective September 1, 2014.
Based on an average salary of approximately $64,244.11 over the past five
years, the formula for computing regular pensions and Mr. Rowe's selection of
the 66 2/3% Joint and Survivor Annuity, this pension benefit will be
approximately $50,867.64 annually.
John Tierney, Warehouse Supervisor, Solid Waste General Services
Department, was employed by the City on May 15, 1995 and his pension
service credit is effective on that date. His pension will be effective July 1,
2014. Based on an average salary of approximately $60,374.41 over the past five
years, the formula for computing regular pensions and Mr. Tierney's selection
of the Single Life Annuity, this pension benefit will be approximately $31,743.84
annually.
Juan Torres, Police Lieutenant, Police Department, was employed by the
City on December 30, 1991 and his pension service credit is effective on that
date. His pension will be effective October 1, 2014.
Based on an average salary of approximately $92,231.93 over the past five
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Pension Advisory Committee Meeting Minutes July 8, 2014
years, the formula for computing regular pensions and Mr. Torres' selection of
the 100% Joint and Survivor Annuity, this pension benefit will be approximately
$56,610 annually.
Dane Whitt, Gas Specialist, Gas Department, was employed by the City on
April 16, 1984 and his pension service credit is effective on that date. His
pension will be effective July 1, 2014. Based on an average salary of approximately
$54,501.46 over the past five years, the formula for computing regular pensions
and Mr. Whitt's selection of the Single Life Annuity with a 10% partial lump sum
distribution, this pension benefit will be approximately $40,684.80 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 fifty-five (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. Mr. Rowe, Mr.
Tierney, and Mr. Whitt have met 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.
Jackson and Mr. Torres have met the hazardous duty criteria.
Committee Member Slaughter moved to recommend approval of
the following request of employees Richard Bennett, Engineering
Department, David Jackson, Fire Department, Ralph Rowe,
Planning and Development Department, John Tierney, Solid Waste
and General Services Department, Juan Torres, Police Department,
and Dane Whitt, Gas 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. Director's Report
Human Resources Director Joe Roseto said the Pension Trustee manual
was being updated.
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Meeting Minutes July 8, 2014
He requested the Committee schedule a hearing at the next meeting re
disability pension application for Steven Corrao.
Member Hamilton moved to schedule a hearing on August 14, 2014 re
Steven Corrao's disability pension application. The motion was duly
seconded and carried unanimously.
6. Committee Members to be Heard
7. Adiourn
Member Damico reviewed her background. She said it was important to
expand PAC (Pension Advisory Committee) representation beyond the
Police and Fire departments and engage the base, which often is
misinformed. She suggested that twice a year the PAC determine what it
wants to communicate to the members.
Member Slaughter congratulated Juan Torres on his retirement.
Members Jensen and Jonson provided information re learning
opportunities for Member Damico.
The meeting adjourned at 9:16 a.m.
Chair
Pension Advisory Committee
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