12/13/2004
TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING
CITY OF CLEARWATER
December 13, 2004
Present: Brian Aungst Chair
Frank Hibbard Trustee
Hoyt Hamilton Trustee
William C. Jonson Trustee
Carlen Petersen Trustee
Also Present: William B. Horne II City Manager
Pamela K. Akin City Attorney
Joe Roseto Human Resources Director
Cynthia E. Goudeau City Clerk
Patricia O. Sullivan Board Reporter
The Chair called the meeting to order at 1:29 p.m. at City Hall.
To provide continuity for research, items are in agenda order although not
necessarily discussed in that order.
Approval of Minutes:
Trustee Hibbard moved to approve the minutes of the November 15, 2004, meeting, as
motion
recorded and submitted in written summation by the City Clerk to each Trustee. The
carried
was duly seconded and unanimously.
Pension Trustees Items
1. Accept the employees listed below into membership in the City of Clearwater's Employees'
Pension Plan: Frank Milanesi, Sandra Doria, Daniel O’Brien, John Hunter, Derek Saunier, Ian
Cameron, Barry Balmer, Chad McIntyre, Todd Turpack, Michael Williams, Dzavit Lika, George
Phillips, Eric Eisenhardt, Shannon Hunt, Bruce Hayes, Dallas, Hall, and Toker Gonzalez.
The Pension Advisory Committee recommended that these employees be accepted
into membership in the City of Clearwater's Employees' Pension Plan.
Trustee Jonson moved to accept the recommendation of the Pension Advisory
motioncarried
Committee. The was duly seconded and unanimously.
Pension Trustees 2004-12-13
1
.
.
.
2. Scott Wilson. Police Department. be aranted a reaular pension under Section(s) 2.393 and
2.397 of the Emplovees' Pension Plan as approved bv the Pension Advisory Committee.
Scott Wilson, Police Officer, Police Department, was employed by the City on October
29, 1983, and his pension service credit is effective on that date. His pension will be effective
November 1, 2004. Based on an average salary of approximately $58,648 per year over the
past five years, the formula for computing regular pensions, and Mr. Wilson's selection of the
75% Joint & Survivor Annuity, this pension will approximate $33,967 annually. This pension
was approved by the Pension Advisory Committee on November 4, 2004. Section 2.393
provides for normal retirement eligibility when a participant has completed twenty years of
credited service in a type of employment described as "hazardous duty" and further defines
service as a Police Officer as meeting the hazardous duty criteria. Mr. Wilson qualifies under
the hazardous duty criteria.
Trustee Petersen moved to grant a regular pension to Scott Wilson, Police Department,
under Section{s) 2.393 and 2.397 of the Employees' Pension Plan as approved by the Pension
Advisory Committee. The motion was duly seconded and carried unanimously.
Other Business:
Human Resources Director Joe Roseto reported the attorney for the Pension Plan had
completed analysis of proposed changes to the Pension Plan. A Work Shop with the PAC
(Pension Advisory Committee) and Pension Trustees will be scheduled in January for review.
Adiourn:
The meeting adjourned at 1 :30 p.m.
1~/~
Cli8ir
Employee's Pension Plan Trustees
- G.
Pension Trustees 2004-12-13
2