12/06/1999
TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING
CITY OF CLEARWATER
December 6, 1999
Present: Brian J. Aungst Chair
Ed Hooper Vice-Chair/Trustee
J. B. Johnson Trustee
Robert Clark Trustee
Ed Hart Trustee
Also present: Michael J. Roberto City Manager
Pamela K. Akin City Attorney
Lee Dehner Pension Trustees Attorney
Paul O'Rourke Human Resources Administrator
Cynthia E. Goudeau City Clerk
Patricia O. Sullivan Board Reporter
The Chair called the meeting to order at 10:45 a.m. at City Hall.
To provide continuity for research, items are in agenda order although not necessarily
discussed in that order.
ITEM #2 - Approval of Minutes:
Trustee Johnson moved to approve the minutes of the November 15, 1999, meeting,
as recorded and submitted in written summation by the City Clerk to each Trustee. The
motioncarried
was duly seconded and unanimously.
ITEM #3 - Request for Acceptance into Membership:
The City Manager presented the recommendation of the Pension Advisory Committee
to approve membership for the employees listed below:
Patricia Post, Marlon Mitchell, Andrew Hawkins, Julie Wykoff, David Powers, Pamela Bedford,
Scott Kurleman, Robert Perry, Claire Knafla, Dragoljub Vitkovic, Melissa Jackson, Louis
Pirman, Bruce Vendetti, & Richard Zeron
Trustee Hooper moved to accept the recommendation of the Pension Advisory
motioncarried
Committee. The was duly seconded and unanimously.
ITEM #4 - Request for Pension:
The City Manager presented the PAC (Pension Advisory Committee) recommendation
James Marshall regular pension
that be granted a under Section(s) 2.393 and 2.397 of the
Employees' Pension Plan.
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James Marshall was employed on June 11, 1979, and his pension service credit is
effective on that date. His pension will be effective November 1, 1999.
On November 9, 1999, the PAC approved this pension. Section 2.393 (p) provides for
normal retirement eligibility when a participant has reached age 55 and completed 20 years of
credited service or has completed 30 years of credited service. Mr. Marshall qualifies under
the age 55 and 20 years of service criteria. Based on an average yearly salary of
approximately $39,445 over the past 5 years, the formula for computing regular pensions, and
Mr. Marshall’s selection of the 100% Joint & Survivor Annuity, this pension will approximate
$21,607 annually.
Trustee Johnson moved to accept the recommendation of the Pension Advisory
motioncarried
Committee. The was duly seconded and unanimously.
ITEM #5 - Request to Vest Pension:
The City Manager presented the recommendation of the Pension Advisory Committee
Raymond G. Kaval & Michael Schaffner vest their pension
that be allowed to under
Section(s) 2.397 and 2.398 of the Employees' Pension Plan.
Raymond G. Kaval was employed on October 26, 1987, and his pension service credit
is effective on November 16, 1989. Michael Schaffner was employed on December 8, 1986,
and his pension service credit is effective on that date.
The Employees’ Pension Plan provides that should an employee cease to be an
employee of the City of Clearwater after completing 10 or more years of creditable service
(pension participation), then 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.
Mr. Kaval will have completed at least 10 years of service and reached age 65 on May
15, 2001. His pension will be effective June 1, 2001. Mr. Schaffner would have completed at
least 20 years of service as a Police Officer on December 8, 2006. His pension will be
effective January 1, 2007. The PAC approved these requests on November 9, 1999.
Trustee Hooper moved to accept the recommendation of the Pension Advisory
motioncarried
Committee. The was duly seconded and unanimously.
ITEM #6 - Request to waive vested pension rights: Sabrina Chute & Cindi Juster
Sabrina Chute, Network Support Technician II, Information Technology Department,
was employed by the City from December 12, 1988, to December 14, 1998.
Cindi Juster, Administrative Analyst, General Support Services Department, was
employed by the City from March 21, 1988, to August 12, 1999.
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The PAC and Pension Trustees approved their formal requests to vest their pensions.
On October 11, 1999, Ms. Chute withdrew her resignation and returned to City employment
full-time. On October 25, 1999, Ms. Juster withdrew her resignation and returned to City
employment full-time.
Ms. Chute’s eligibility date will be advanced by 300 days. Ms. Juster’s eligibility date will
be advanced by 73 days. Since they had vested their pensions upon resignation, they request
that their previous vested pension rights be waived. The PAC approved the request on
November 9, 1999. Upon approval by the Trustees, Ms. Chute’s original pension eligibility
date will be adjusted to October 8, 1989. Ms. Juster’s original pension eligibility date will be
adjusted to June 2, 1988.
Trustee Johnson moved to allow Sabrina Chute and Cindi Juster to waive their vested
motion carried
pension rights as approved by the PAC. The was duly seconded and
unanimously
ITEM #7 - Request to buy back previous pension service credit: Darold Brink
Human Resources Administrator Paul O’Rourke requested this item be tabled. Pension
Plan attorney Lee Dehner is writing an opinion regarding benefit and pension issues related to
permanent part-time employees who have worked full-time.
motion
Trustee Johnson moved to continue Item #7. The was duly seconded and
carried
unanimously.
ITEM #8 - Other Business – None.
ITEM #9 - Adjournment:
The meeting adjourned at 10:47 a.m.
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