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11/15/2004 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING CITY OF CLEARWATER November 15, 2004 Present: Brian Aungst Chair/Trustee Frank Hibbard Trustee Hoyt Hamilton Trustee William C. Jonson Trustee Carlen Petersen Trustee Also Present: William B. Horne II City Manager Garry Brumback Assistant City Manager Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk Brenda Moses Board Reporter The Chair called the meeting to order at 9:12 a.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 2 - Approval of Minutes: Trustee Hibbard moved to approve the minutes of the October 18, 2004, meeting, as motion recorded and submitted in written summation by the City Clerk to each Trustee. The carried was duly seconded and unanimously. 3 - Accept the employees listed below into membership in the City of Clearwater’s Employees’ Pension Plan: Human Resources Director Joe Roseto presented the recommendation of the Pension Advisory Committee that the following employees be accepted into membership: Teresa Scrima, Library Assistant/Library Maxwell Jenkins, Solid Waste Worker/Solid Waste Richard Allison, Landscape Architect/Parks & Recreation Theodore Mellis, Electronic Technician/Engineering Mark Pack, Solid Waste Worker/Solid Waste Keyl Groff, Planner II/Planning Jeff Camden, Fire Pub. Educ. & Information Specialist/Fire Scott Rhodes, Solid Waste Worker/Solid Waste Charles Shuman, Fleet Mechanic/General Services Kevin Webb, Recreation Specialist/Parks & Recreation Trustee Hamilton moved to accept the recommendation of the Pension Advisory motioncarried Committee. The was duly seconded and unanimously. Pension Trustees 2004-11-15 1 . 4 - Paul Hoobler. Public Utilities Department. be allowed to vest his pension under Section(s) 2.397 and 2.398 of the Emplovees' Pension Plan as approved bv the Pension Advisory Committee. Paul Hoobler, Wastewater Treatment Operator A, Public Utilities Department, was employed by the City on October 4, 1982, and began participating in the Pension Plan on that date. Mr. Hoobler terminated from City employment on September 2, 2004. 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), 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. Hoobler would have completed at least 20 years of service and reached age 55 on September 20, 2006. His pension will be effective October 1, 2006. This pension was approved by the Pension Advisory Committee on October 14,2004. Trustee Petersen moved to allow Paul Hoobler 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 was duly seconded and carried unanimously. . 5 - Other Business: - None. 6 - Adiourn The meeting adjourned at 9:13 a.m. Chair Employee's P Attest: ~~ ~. City r . Pension Trustees 2004-11-15 2 J