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12/11/2014 Pension Advisory Committee Meeting Minutes December 11, 2014 City of Clearwater City Hall 112 S. Osceola Avenue Clearwater, FL 33756 e Meeting Minutes Thursday, December 11, 2014 9:00 AM Council Chambers - City Hall Pension Advisory Committee Page 1 City of Clearwater Pension Advisory Committee Meeting Minutes December 11, 2014 Rollcall Present: 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 Absent: Chair Nathan Hightower Also present: Joe Roseto — Human Resources Director, Patricia O. Sullivan - Board Reporter 1. Call To Order The Vice-Chair called the meeting to order at 9:00 a.m. at City Hall. 2. Approval of Minutes 2.1 Approve minutes of November 13, 2014 Pension Advisory Committee meeting as submitted in written summation. Member Jensen moved to approve minutes of the November 13, 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. Elig. Date Kelly Violante, Accounting Clerk, General Services Dept 11/17/2014 Deanna Foster, Recreation Program Support Tech, Parks and Rec Dept 11/17/2014 Delbert Foster, Solid Waste Worker, Solid Waste Department 11/17/2014 Jeffery Long, Solid Waste Worker, Solid Waste Department 11/17/2014 Deborah Svitak, Senior Accountant, Finance Department 11/17/2014 Norman Runkles, Police Aide, Police Department 11/17/2014 William Smith, Public Utilities Technician I, Public Utilities Department 12/1/2014 Jeffrey Gow, Accounting Technician, Solid Waste Department 12/1/2014 Member Damico moved to recommend approval of the new hires for acceptance into the Pension Plan as listed. The motion was duly seconded and carried unanimously. Page 2 City of Clearwater Pension Advisory Committee Meeting Minutes December 11, 2014 4.2 Recommend approval of the following requests of employees Betsy Clement, Public Communications Department; Theron Johnson, Solid Waste General Services Department; John Scott, Customer Service Department; and Keith Shive, Fire Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. Betsey Clement, Public Information Specialist, Public Communications Department, was employed by the City on August 1, 1990 and her pension service credit is effective on that date. Her pension will be effective February 1, 2015. Based on an average salary of approximately $56,679.15 over the past five years, the formula for computing regular pensions, and Ms. Clement's selection of the 66 2/3% Joint and Survivor Annuity, this pension benefit will be approximately $38,616 annually. Theron Johnson, Solid Waste Service Coordinator, Solid Waste General Services Department, was employed by the City on October 15, 1984 and his pension service credit is effective on that date. His pension will be effective December 1, 2014. Based on an average salary of approximately $59,492.51 over the past five years, the formula for computing regular pensions and Mr. Johnson's selection of the Single Life Annuity, this pension benefit will be approximately $55,468.32 annually. John Scott, Customer Service Director, Customer Service Department, was employed by the City on January 8, 1990 and his pension service credit is effective on that date. His pension will be effective February 1, 2015. Based on an average salary of approximately $92,237.68 over the past five years, the formula for computing regular pensions, and Mr. Scott's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $59,938.32 annually. Keith Shive, Fire Medic, Fire Department, was employed by the City on January 157 1990 and his pension service credit is effective on that date. His pension will be effective February 1, 2015. Based on an average salary of approximately $74,537.96 over the past five years, the formula for computing regular pensions, and Mr. Shive's selection of the Single Life Annuity with a 10% partial lump sum distribution, this pension benefit will be approximately $46,755 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. Ms. Clement, Mr. Johnson and Mr. Scott have met the non-hazardous duty criteria. Section 2.416 provides for normal retirement eligibility for hazardous duty Page 3 City of Clearwater Pension Advisory Committee Meeting Minutes December 11, 2014 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. Shive has met the hazardous duty criteria. Member Damico moved to recommend approval of the following requests of employees Betsy Clement, Public Communications Department; Theron Johnson, Solid Waste General Services Department; John Scott, Customer Service Department; and Keith Shive, Fire 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. 4.3 Recommend approval of the following request of employee James Stanley, Solid Waste General Services Department, to vest his pension as provided by Section 2.419 of the Employees' Pension Plan. James Stanley, Communications Technician, Solid Waste General Services Department, was employed by the City on November 1, 2004 and began participating in the Pension Plan on that date. Mr. Stanley terminated from City employment on November 15, 2014. The Employees' Pension Plan provides that should an employee cease to be an employee of the City of Clearwater or change status from full-time to part-time after completing ten or more years of creditable service (pension participation), 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 2.416 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. Stanley will meet the non-hazardous duty criteria and begin collecting a pension in January 2019. Section 2.416 provides for normal retirement eligibility for hazardous duty Page 4 City of Clearwater Pension Advisory Committee Meeting Minutes December 11, 2014 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. Member Jensen moved to recommend approval of the following request of employee James Stanley, Solid Waste General Services Department, to vest his pension as provided by Section 2.419 of the Employees' Pension Plan. The motion was duly seconded and carried unanimously. 4.4 Set hearing date for William D Smith for job-connected disability pension. Human Resources Director Joe Roseto reviewed William D. Smith's application for a job-connected disability pension and requirements of the Code. The IME (Independent Medical Exam) determined that Mr. Smith was injured on the job and was totally and permanently disabled from performing hazardous duties. None of the listed exclusions applied. In response to a question, Mr. Roseto said according to Code, an extra duty injury was job-connected. Mr. Smith's workers'compensation case was a separate issue. Concern was expressed that a deposition related to Mr. Smith's workers' compensation case was not provided. It was suggested that a hearing be scheduled in January to provide time for the committee to review the missing document and do its due diligence. Member Hamilton moved to schedule a hearing re William D. Smith's application for a job-connected disability pension on January 8, 2015. The motion was duly seconded. Mr. Roseto said linking workers'compensation and disability applications was not routine. While the Pension Advisory Committee Attorney and Committee Advocate will attend the January meeting for another hearing, there was insufficient time for the attorneys to prepare this case by January. Member Hamilton withdrew his motion. The seconder agreed. Member Hamilton moved to continue Item 4.4 to January 8, 2015. The motion was duly seconded and carried unanimously. 5. Director's Report Mr. Roseto wished Happy Holidays to all. Page 5 City of Clearwater Pension Advisory Committee Meeting Minutes December 11, 2014 6. Committee Members to be Heard Members complimented Committee and Human Resources staff efforts and offered Seasons Greetings. 7. Adjourn The meeting adjourned at 9:20 a.m. City of Clearwater 6), ,d377 Chair Pension Advisory ' ommittee ) Page 6