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02/13/2007 TRUSTEES OF THE EMPLOYEES' PENSION FUND MEETING MINUTES CITY OF CLEARWATER February 13, 2007 Present: Frank Hibbard Carlen Petersen William C. Jonson John Doran J.B. Johnson Also Present: William B. Horne, II Garry Brumback Rod Irwin Pamela Akin Cynthia E. Goudeau Rosemarie Call Chair T ru stee T ru stee Trustee Trustee City Manager Assistant City Manager Assistant City Manager City Attorney City Clerk Management Analyst The Chair called the meeting to order at 1 :50 p.m. at City Hall. To provide for continuity for research, items are in agenda order although not necessarily discussed in that order. 2. Approval of Minutes 2.1 Approve the minutes of the January 16. 2007 Pension Trustees meetinq as submitted in written summation by the City Clerk Trustee Petersen moved to approve the minutes of the January 16, 2007 meeting, as recorded and submitted in written summation by the City Clerk. The motion was duly seconded and carried unanimously. 3. Pension Trustee Items 3.1 Accept the employees listed into membership in the City of Clearwater Employees' Pension Plan. Name. Job. Class. & Dept./Div . Harry J. Dodson, Police Cadet/Police Matthew Parco, Police Cadet/Police Andrew W, Wihr, Equip Operator/Solid Waste Barron Harris, Parks Service Tech I/Parks & Rec Scott Jordan, Dev. Review Tech I.IPublic Services Nikole Eaton, Police Cadet/Police Charles Shuman, Fleet Mechanic/Gen Svc Hire Date 1 0/30/06 1 0/30/06 1 0/30/06 1 0/30/06 1 0/30/06 1 0/30/06 1/26/05 Pension Trustees 2007-02-13 Pension Eliq. 1 0/30/06 1 0/30/06 1 0/30/06 1 0/30/06 1 0/30/06 1 0/30/06 10/30/06* 1 Shawn Cobb, Public Services Tech IIPublic Svcs 10/30/06 Jennifer O'Neal, Recreation Leader/Parks & Rec 11/13/06 Carmen Pagan, Customer Service Rep/Cust Service 11/13/06 Bruce Bender, Fleet Mechanic/General Services 11/13/06 Robert Morig, Parks Service Tech I/Parks & Rec 11/13/06 Davon Watson, Public Utilities Tech I/Public Utilities 11/13/06 Calvin Hoyt, Parks Service Tech I/Parks & Rec 11/13/06 Charity Snurr, Customer Service Rep/Engineering 11/13/06 Daniel Nielsen, Solid Waste Worker/Solid Waste 11/13/06 Safia Rabah, Police comm. Operator Trainee/Police 11/13/06 Caprice Mueller, Recreation Leader/Parks & Rec 7/22/06 Sidney Ferguson, Electronics Tech/Engineering 11/27/06 Patricia Kuligowski, Staff Asst/Public Svcs 11/27/06 Bruco Baermann, Police Officer/Police 11/27/06 Barron Harris, Parks Service Tech IIParks & Rec 10/30/0 Cassandra Hampton, Comm Operator Trainee/Police 11/13/06 Donald Melone, Survey Assistant IIEngineering 12/11/06 Robert Sullivan, Survey Assistant IIEngineering 12/11/06 Evan Pedone, Parking Enforce. Specialist/Engineering 12/11/06 Loyd Simmons, Recreation Programmer/Parks & Rec 12/11/06 10/30/06 11/13/06 11/13/06 11/13/06 11/13/06 11/13/06 11/13/06 11/13/06 11/13/06 11/13/06 11/12/06** 11/27/06 11/27/06 11/27/06 1 0/30/06 11/13/06 12/11/06 12/11/06 12/11/06 12/11/06 *employee resigned and withdrew contributions; rescinded resignation and pension eligible as of 10/30/06 **employee originally hired as part-time on 7/22/06; changed to full-time and pension eligible as of 11/12/06 Trustee Doran moved to accept the employees listed into membership in the City of Clearwater Employees' Pension Plan. The motion was duly seconded and carried unanimously. 3.2 Larry D. Dean. Fire Department. and James Peppe, Fire Department. be qranted reqular pensions under Section(s) 2.393 and 2.397 of the Emplovees' Pension Plan as approved by the Pension Advisory Committee. Larry D. Dean, Firefighter Driver/Operator, Fire Department, was employed by the City on May 11, 1987, and his pension service credit is effective on June 2, 1977. His pension will be effective March 1,2007. Based on an average salary of approximately $70,800 per year over the past five years, the formula for computing regular pensions, and Mr. Dean's selection of the 100% Joint & Survivor Annuity, this pension will approximate $57,700 annually. James T. Peppe, Fire Medic Lieutenant, Fire Department, was employed by the City on February 14, 1977, and his pension service credit is effective on that date. His pension will be effective February 1, 2007. Based on an average salary of Pension Trustees 2007-02-13 2 approximately $83,306 per year over the past five years, the formula for computing regular pensions, and Mr. Peppe's selection of the 100% Joint & SurvivorAnnuity, this pension will approximate $66,825 annually. These pensions were approved by the Pension Advisory Committee on January 11, 2007. Section 2.393 provides for normal retirement eligibility when a participant has completed twenty years of credited service or has reached age 55 and completed ten years of credited service in a type of employment described as "hazardous duty"and further defines service as a Firefighter Driver/Operator and Fire Medic Lieutenant as meeting the hazardous duty criteria. Mr. Dean and Mr. Peppe qualify under the hazardous duty criteria. Trustee Petersen moved to grant Larry D. Dean, Fire Department, and James Peppe, Fire Department, regular pensions 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. 4. Other Business - None. 5. Adjourn The meeting adjourned at 1 :51 p.m. Attest: -t-_f ~ ---et(air Employees' Pension Plan Trustee Pension Trustees 2007-02-13 3