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05/15/2000 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING CITY OF CLEARWATER May 15, 2000 Present: Brian J. Aungst Chair J. B. Johnson Vice-Chair/Trustee Ed Hooper 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 9:08 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 April 3, 2000, meeting, as motion recorded and submitted in written summation by the City Clerk to each Trustee. The carried 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: Sherrie Freemon, Jared Barden, Howard Hanscom, Shawana Wollever, Martin Moran, Laura Wilson, Alex Battle, Jeffrey Garber, Katherine Schaaf, Lauree Belcher, Andrea Beane, Daniel Luna, Karl Langefeld, & Anthony Harris 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 recommendation of the Pension Advisory Committee Jack Callahan, Robert Dickman, Iracema Drysdale, David Little, James D. Pyatt, Sr., that David A. Foster, and Sarah Hamm regular pensions be granted under Sections 2.393 and 2.397 of the Employees' Pension Plan. mpf0500 1 05/15/00 Jack Callahan was employed on January 26, 1971, and his pension service credit is effective on that date. His pension will be effective March 1, 2000. Based on an average salary of approximately $55,552 per year over the past 5 years, the formula for computing regular pensions, and Mr. Callahan's selection of the 100% Joint & Survivor Annuity, this pension will approximate $43,630 annually. Robert Dickman was employed on February 14, 1977, and his pension service credit is effective on June 18, 1977. His pension will be effective April 1, 2000. Based on an average salary of approximately $48,274 per year over the past 5 years, the formula for computing regular pensions, and Mr. Dickman's selection of the Joint & Survivor Annuity, this pension will approximate $30,249 annually. Iracema Drysdale was employed on September 10, 1980, and her pension service credit is effective on November 16, 1989. Her pension will be effective May 1, 2000. Based on an average salary of approximately $41,785 per year over the past 5 years, the formula for computing regular pensions, and Ms. Drysdale's selection of the 50% Joint & Survivor Annuity, this pension will approximate $7,945.44 annually. David Little was employed on July 14, 1980, and his pension service credit is effective on that date. His pension will be effective August 1, 2000. Based on an average salary of approximately $49,431 per year over the past 5 years, the formula for computing regular pensions, and Mr. Little's selection of the 100% Joint & Survivor Annuity, this pension will approximate $26,511 annually. James D. Pyatt, Sr. was employed on November 5, 1973, and his pension service credit is effective on May 5, 1974. His pension will be effective June 1, 2000. Based on an average salary of approximately $41,606 per year over the past 5 years, the formula for computing regular pensions, and Mr. Pyatt's selection of the 75% Joint & Survivor Annuity, this pension will approximate $30,041 annually. David Foster was employed on October 11, 1976, and his pension service credit is effective on April 11, 1977. His pension will be effective April 1, 2000. Based on an average salary of approximately $37,873 per year over the past 5 years, the formula for computing regular pensions, and Mr. Foster's selection of the Joint & Survivor Annuity, this pension will approximate $23,888 annually. Sarah Hamm was employed on June 2, 1969, and her pension service credit is effective on December 2, 1969. Her pension will be effective May 1, 2000. Based on an average salary of approximately $30,178 per year over the past 5 years, the formula for computing regular pensions, and Ms. Hamm's selection of the 100% Joint & Survivor Annuity, this pension will approximate $24,807 annually. The PAC (Pension Advisory Committee) approved these pensions on April 13, 2000. Section 2.393 (p) provides for normal retirement eligibility when a participant has completed 20 years of credited service in a type of employment described as “hazardous duty” and further specifically defines service as a Fire Lieutenant and Assistant Fire Chief as meeting the hazardous duty criteria. Section 2.393 (p) also provides for normal retirement eligibility when a participant has reached age 55 and completed 20 years of credited service, has completed 30 mpf0500 2 05/15/00 years of credited service, or has reached age 65 and completed 10 years of credited service. Messrs. Callahan and Dickman qualify under the hazardous duty criteria; Ms. Drysdale qualifies under the age 65 and 10 years of service criteria; Messrs. Little, Pyatt, and Foster qualify under the age 55 and 20 years of service criteria; and Ms. Hamm qualifies under the 30 years of service criteria. Humans Resources Administrator Paul O’Rourke reported David Foster had withdrawn his pension application to change his option but will soon resubmit. Trustee Clark moved to accept the recommendation of the Pension Advisory motioncarried Committee, less David Foster. The was duly seconded and unanimously. ITEM #5 - Request to Vest Pension: The City Manager presented the recommendation of the Pension Advisory Committee Wayne Millen vest his pension that be allowed to under Section(s) 2.397 and 2.398 of the Employees' Pension Plan. Wayne Millen was employed on June 7, 1989, and his pension service credit is effective on that date. He resigned on April 14, 2000. 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. Section 2.393 (p) provides for normal retirement eligibility when a participant has completed 20 years of credited service in a type of employment described as “hazardous duty” and further specifically defines service as a Police Officer as meeting the hazardous duty criteria. Mr. Millen would have completed 20 years of service as a Police Officer on June 7, 2009. His pension will be effective July 1, 2009. The PAC approved this request on April 13, 2000. Trustee Johnson moved to accept the recommendation of the Pension Advisory motioncarried Committee. The was duly seconded and unanimously. Carol Schmidt to permanent light duty position ITEM #6 - Approve reassignment of in Police Department Carol Schmidt, Police Officer, was injured on August 19, 1998, in an off-duty vehicular accident. As a result she suffered numerous injuries to her legs and face. The injuries to her legs required several surgeries, which have left her with a permanent limp, a limited range of motion, and the inability to walk long distances. mpf0500 3 05/15/00 As documented in letters from her doctors, an independent medical evaluation performed by Dr. Andrew Wolff, and a functional capacity test performed at Bon Secours Venice Hospital, Officer Schmidt has physical limitations to the extent that she can not run, jump, squat, or physically interact with perpetrators. The documentation indicates that Ms. Schmidt is permanently disabled from performing all the duties of a Police Officer. Under provisions of the Employees' Pension Plan, if an employee is disabled from her present job but can be reassigned to another position in order to perform meaningful work for the City, the employee is not entitled to a disability pension. The Clearwater Police Department has designated a specific number of positions that are considered to be "permanent" light duty positions for sworn personnel. Officer Schmidt has been assigned to one of these positions. On April 13, 2000, the PAC denied Officer Schmidt's request for a non-job-connected disability based on the fact she can perform the duties of the position to which she has been reassigned. The Trustees must approve this permanent appointment in accordance with Section 2.397 of the Employees' Pension Plan. Trustee Hart moved to approve the reassignment of Carol Schmidt to a permanent light motioncarried duty position in the Police Department. The was duly seconded and unanimously. payment of pension benefits & interest from Pension Fund ITEM #7 - Approve for following retirees: Larry Hahn, Jr., Judi Acker, Terrence Rowe, Emanuel Hutchinson, Gary Lutman, John Nicholson, & Michael Dandaneau, for total $84,761.72 including reimbursement to Central Insurance Fund of $18,453 that has already been paid Risk Management Specialist Jon Marcin said the City previously had capped disabled employee earnings from Pension and supplemental benefits at 100% of average weekly wages. A Florida Supreme Court decision on Acker vs. City of Clearwater and decisions from the First District Court of Appeals have determined the 100% cap defeats the purpose of a COLA (Cost of Living Adjustment) on supplemental benefits. The City has to adjust benefits for seven pension recipients who are totally and permanently disabled and were impacted previously by the City’s improper computation. Adjustments will include interest. The Workers Compensation fund will pay related penalties. In response to a question, Pension Trustees Attorney Dehner said he had not been requested to offer an opinion on this issue. The City Attorney said delaying this item will result in the accrual of additional interest. The Supreme Court opinion was forwarded to the City in late April and mandated the City to pay related pension benefits and interest to Larry Hahn, Jr., Judi Acker, and Terrence Rowe by May 19, 2000. The City has made these Pension-related payments. In response to a question, Mr. Marcin said the ruling only affects recipients who are affected by the 1989 Barrigan ruling, receive Workers’ Compensation, and are totally and permanently disabled. It was requested that staff forward all related Supreme Court opinions to Trustee members in a timely fashion. A clearer definition of the City’s exposure was requested. Consensus was for Mr. Dehner to render an opinion regarding this issue. mpf0500 4 05/15/00 motion Trustee Johnson moved to continue Item #7. The was duly seconded and carried unanimously. ITEM #8 - Other Business: Mr. O’Rourke reported the Pension Trustees’ contract with Mr. Dehner’s law firm expires on May 24, 2000. Mr. Dehner said his firm is processing a rate increase for all clients. He requested the Pension Trustees consider a fee change at the same time the firm institutes an increase with other municipal clients. He requested the contract be extended on a month- to-month basis, with no change in fees, until it can be renegotiated in September. Trustee Hooper moved to extend the contract with Christiansen and Dehner on a motion month-to-month basis, with fees remaining unchanged. The was duly seconded and carried unanimously. ITEM #9 - Adjournment: The meeting adjourned at 9:22 a.m. mpf0500 5 05/15/00