02/12/2015 Pension Advisory Committee Meeting Minutes February 12, 2015
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
e
Meeting Minutes
Thursday, February 12, 2015
9:00 AM
Council Chambers - City Hall
Pension Advisory Committee
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City of Clearwater
Pension Advisory Committee Meeting Minutes February 12, 2015
Roll Call
Present: Acting Chair/Councilmember Bill Jonson, Committee Member Tom Jensen, Committee
Member/Councilmember Doreen Hock-DiPolito, Committee Member/Councilmember Hoyt
Hamilton, Committee Member Laura Damico
Absent: Chair Nathan Hightower, Vice-Chair Daniel Slaughter,
Also present: Joe Roseto — Human Resources Director, Patricia O. Sullivan - Board Reporter
1. Call To Order
The Acting Chair called the meeting to order at 9:03 a.m.
2. Approval of Minutes
2.1 Approve minutes of January 8, 2015 Pension Advisory Committee meeting as
submitted in written summation.
Member Hock-DiPolito moved to approve minutes of January 8,
2015 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.
Name, Job. Class, & Dept./Div. Pension Elig. Date
Donald Ross, Building Construction Inspector, Planning and Dev Dept 1/12/2015
Daniel Simpson, Engineering Specialist II, Engineering Dept 1/12/2015
John Ryder, Solid Waste Equipment Operator, Solid Waste Dept 1/12/2015*
Julia Daniel, Accounting Clerk, General Services Department 1/12/2015**
Richard Phillips, Fleet Mechanic, General Services Department 1/12/2015
* John Ryder was previously employed with the City of Clearwater, resigned effective
08/22/14, rescinded resignation and was rehired 01/12/15; he will be eligible for pension as
of 01/12/15.
** Julia Daniel was hired as a seasonal employee 12/22/14, then transferred to a full-time
permanent position as of 01/12/15; she will be eligible for the pension as of 01/12/15.
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.
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City of Clearwater
Pension Advisory Committee Meeting Minutes February 12, 2015
4.2 Recommend approval of the following request of employees Lynne Pulizotto, Planning
and Development Services Department, and James Wood, Solid Waste General
Services Department, for a regular pension as provided by Sections 2.416 and 2.424
of the Employees' Pension Plan.
Lynne Pulizotto, Customer Service Representative, Planning and Development
Services Department, was employed by the City on November 20, 2000 and her
pension service credit is effective on that date. Her pension will be effective March 1,
2015. Based on an average salary of approximately $27,813.07 over the past five
years, the formula for computing regular pensions and Ms. Pulizotto's selection of the
50% Joint and Survivor Annuity, this pension benefit will be approximately $10,299.48
annually.
James Wood, Building and Maintenance Superintendent, Solid Waste General
Services Department, was employed by the City on April 20, 1987, and his pension
service credit is effective on that date. His pension will be effective April 1, 2015. Based
on an average salary of approximately $82,376.59 over the past five years, the formula
for computing regular pensions and Mr. Wood's selection of the 50% Joint and Survivor
Annuity, this pension benefit will be approximately $60,092.16 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. Pulizotto and Mr. Wood have met the non-hazardous duty criteria.
Member Hock-DiPolito moved to recommend approval of the
following request of employees Lynne Pulizotto, Planning and
Development Services Department, and James Wood, Solid Waste
General Services 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 Brian Jerard, Police
Department, to vest his pension as provided by Section 2.419 of the Employees'
Pension Plan.
Brian Jerard, Police Officer, Police Department, was employed by the City on
December 2, 2002 and began participating in the Pension Plan on that date. Mr. Jerard
terminated from City employment on January 10, 2015. 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
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City of Clearwater
Pension Advisory Committee
Meeting Minutes February 12, 2015
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 hazardous duty 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. Jerard will meet the hazardous duty criteria and begin
collecting pension in January 2023.
Member Hamilton moved to recommend approval of the following
request of employee Brian Jerard, Police Department, to vest his
pension as provided by Section 2.419 of the Employees' Pension
Plan. The motion was duly seconded and carried unanimously.
5. Director's Report
Human Resources Director Joe Roseto said Committee members were
invited to attend the pension conference in March hosted by the
Committee's Pension Attorney.
6. Committee Members to be Heard
7. Adjourn
In response to a question, Mr. Roseto said a bill related to Chapter 175
185 did not pass last year. The League of Cities does not support the
similar bill introduced this year.
Member Jensen discussed the bill and unintended consequences that may
occur if the bill is adopted.
The meeting adjourned at 9:14 a.m.
City of Clearwater
6),d2
Chair
Pension Advisory Committee
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