12/04/2000
TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING
CITY OF CLEARWATER
December 4, 2000
Present: Brian J. Aungst Chair
J. B. Johnson Vice-Chair/Trustee
Robert Clark Trustee
Ed Hart Trustee
Vacant Seat Trustee
Also present: William B. Horne II Interim City Manager
Pamela K. Akin City Attorney
Lee Dehner Pension Trustees Attorney
Paul O'Rourke Human Resources Administrator
Cynthia E. Goudeau City Clerk
Brenda Moses Board Reporter
The Chair called the meeting to order at 9:10 a.m. at City Hall.
ITEM #2 - Approval of Minutes:
Trustee Johnson moved to approve the minutes of the November 13, 2000, 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 Human Resources Administrator presented the recommendation of the Pension
Advisory Committee to approve membership for the employees listed below:
Hemlata Iyengar, William Stringfellow, Chase L. Vaccaro, Sherry Watkins, Jason Jones, Diane
Luniewski, Sandy Warner, Kerri Spaulding, Christine Biermann, Kevin Klein, Carol Buck, John
Haggart, William Higginbotham III, Jeffrey Smith, Lenshawn Price, Paul Mack, Alex Monte,
Todd Archer, Peter Georgantas, Patrick Conrey, Paul Capo, Christopher Hoyne, Michael
Hendry, Brian Miller, John Gozzi, Gail Rina, & Brent Hazzard
Trustee Clark moved to accept the recommendation of the Pension Advisory
motioncarried
Committee. The was duly seconded and unanimously.
ITEM #4 - Request for Pension:
The Human Resources Administrator presented the recommendation of the Pension
Helga Lanier, Gail-Patricia Greer, Richard D. Wilson, and Linda
Advisory Committee that
Kongaregular pensions
be granted under Section(s) 2.393 and 2.397 of the Employees'
Pension Plan.
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Helga Lanier was employed on December 15, 1980, and her pension service credit is
effective on that date. Her pension will be effective January 1, 2001.
Based on an average salary of approximately $41,865 per year over the past 5 years,
the formula for computing regular pensions, and Ms. Lanier's selection of the 50% Joint &
Survivor Annuity, this pension will approximate $24,112 annually.
Gail-Patricia Greer was employed on October 6, 1980, and her pension service credit is
effective on that date. Her pension will be effective February 1, 2001.
Based on an average salary of approximately $36,766 per year over the past 5 years,
the formula for computing regular pensions, and Ms. Greer's selection of the 100% Joint &
Survivor Annuity, this pension will approximate $20,172 annually.
Richard D. Wilson was employed on April 21, 1980, and his pension service credit is
effective on that date. His pension will be effective November 1, 2000.
Based on an average salary of approximately $60,556 per year over the past 5 years,
the formula for computing regular pensions, and Mr. Wilson's selection of the 100% Joint &
Survivor Annuity, this pension will approximate $33,755 annually.
Linda F. Konga was employed on October 13, 1980, and her pension service credit is
effective on that date. Her pension will be effective December 1, 2000.
Based on an average salary of approximately $44,053 per year over the past 5 years,
the formula for computing regular pensions, and Ms. Konga's selection of the Joint & Survivor
Annuity, this pension will approximate $24,236 annually.
These pensions were approved by the PAC on November 9, 2000. Section 2.393 (p)
provides for normal retirement eligibility when a participant has reached age 55 and completed
20 years of credited service, has completed 30 years of credited service, or has reached age
65 and completed 10 years of credited service. Section 2.393 (p) also 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
Lieutenant and Police Officer as meeting the hazardous duty criteria. Ms. Lanier and Ms.
Greer qualify under the age 55 and 20 years of service criteria and Mr. Wilson and Ms. Konga
qualify under the hazardous duty criteria.
Trustee Johnson moved to accept the recommendation of the Pension Advisory
motioncarried
Committee. The was duly seconded and unanimously.
ITEM #5 - Other Business - None.
ITEM #6 - Adjournment - 9:12 a.m.
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