01/07/2002
TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING
CITY OF CLEARWATER
January 7, 2002
Present: Brian J. Aungst Chair
Ed Hart Vice-Chair/Trustee
Whitney Gray Trustee
Hoyt P. Hamilton Trustee
William C. Jonson Trustee
Also present: William B. Horne II City Manager
Pamela K. Akin City Attorney
Cynthia E. Goudeau City Clerk
To provide continuity
The Chair called the meeting to order at 9:02 p.m. at City Hall.
for research, items are in agenda order although not necessarily discussed in that order.
ITEM #2 - Approval of Minutes:
Trustee Hamilton moved to approve the minutes of the December 10, 2001, 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 recommendation of the Pension Advisory Committee was to approve membership
for employees John Mehrle, Maintenance Worker II/General Support Services; Patricia Brady,
Staff Assistant I/Marine; Joyce Hunt, Accountant/Finance; Efrain Pizano, Custodial
Worker/Parks & Recreation; Suzanne Melton, Staff Assistant I/ General Support Services;
Michael Evans, Parks Service Technician I/Parks & Recreation; Debbie Shires, WWTP
Operator Trainee/Parks & Recreation; Joshua Meyer, Courier/Public Communications &
Marketing; Wayne Wells, Senior Planner/Planning Department; Donna Armen, Staff Assistant
I/General Support Services; Stephen Bell, Utilities Chemist/Public Utilities; Sherry Hunt, Police
Office Specialist/Police; Brian St. Lawrence, Solid Waste Worker/Solid Waste; Rodney
Ferguson, Solid Waste Worker/Solid Waste; and Daniel Rivera, Solid Waste Worker/Solid
Waste.
Trustee Jonson moved to accept the recommendation of the Pension Advisory
motioncarried
Committee. The was duly seconded and unanimously.
ITEM #4 - Requests for Pension
James Centilli
The recommendation of the Pension Advisory Committee was that and
Audrey Meunier regular pensions
be granted under Sections 2.393 and 2.397 of the
Employees' Pension Plan.
James Centilli was employed on November 17, 1980, and his pension service credit is
effective on that date. His pension will be effective February 1, 2002. Based on an average
salary of approximately $45,536 per year over the past five years, the formula for computing
regular pensions, and Mr. Centilli’s selection of the 100% Joint & Survivor Annuity, this pension
will approximate $26,062 annually.
Mpf0102 01/07/02
1
Audrey Meunier was employed on October 1, 1981, and her pension credit is effective
on that date. Her pension will be effective February 1, 2002. Based on an average salary of
approximately $31,178 per year over the past five years, the formula for computing regular
pensions, and Mrs. Meunier’s selection of the 10-Year Certain & Life Annuity, this pension will
approximate $18,791 annually.
The PAC (Pension Advisory Committee) approved these pensions on December 13,
2001. 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 defines service as a Firefighter 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 twenty years of credited service, has completed thirty years of credited service, or
has reached age 65 and completed ten years of credited service.
Trustee Gray moved to grant regular pensions for James Centilli and Audrey Meunier
be granted under Sections 2.393 and 2.397 of the Employees’ Pension Plan, as approved by
motioncarried
the Pension Advisory Committee. The was duly seconded and unanimously.
ITEM #5 – Request to Vest Pension
Lester Rent was employed by the City on June 25, 1974. Mr. Rent terminated from City
employment on December 25, 2001. The Employees’ Pension Plan provides that should an
employee cease to be an employee of the City of Clearwater after completing ten 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
reached age 55 and completed twenty years of credited service, has completed 30 years of
credited service, or has reached age 65 and completed ten years of credited service. Mr. Rent
would have completed thirty years of service on June 25, 2004. His pension will be effective
on July 1, 2004.
Trustee Hart moved to allow Lester Rent to vest his pension under Sections 2.397 and
2.398 of the Employees Pension Plan as approved by the Pension Advisory Committee. The
motion carried
was duly seconded and unanimously.
ITEM #6 – Other Business – None.
ITEM #7 - Adjournment
The meeting adjourned at 9:05 a.m.
______________________________
Chair, Board of Pension Trustees
Attest:
___________________________________________
City Clerk
Mpf0102 01/07/02
2