08/17/2015 Pension Trustees Meeting Minutes August 17, 2015
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
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Meeting Minutes
Monday, August 17, 2015
1 :00 PM
Pension Trustees
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City of Clearwater
Pension Trustees Meeting Minutes August 17, 2015
Roll Call
Present 4 - Chair George N. Cretekos, Trustee Doreen Hock-DiPolito, Trustee
Bill Jonson, and Trustee Hoyt Hamilton
Absent 1 - Trustee Jay E. Polglaze
Also Present - William B. Horne II - City Manager, Jill S. Silverboard -Assistant City
Manager, Rod Irwin -Assistant City Manager, Pamela K. Akin - City
Attorney, Nicole Sprague - Official Records and Legislative Services
Coordinator
To provide continuity for research, items are listed in agenda order although not necessarily
discussed in that order.
1. Call To Order
The meeting was called to order at 1:31 p.m. at City Hall.
2. Approval of Minutes
2.1 Approve the minutes of the July 13, 2015 Pension Trustees meeting as submitted in
written summation by the City Clerk.
Trustee Jonson moved to approve the minutes of the July 13, 2015
Pension Trustees meeting as submitted in written summation by
the City Clerk. 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 Approve the new hires for acceptance into the Pension Plan as listed.
Pension
Name, Job. Class, & Dept./Div. Elig. Date
Lamonte Monroe, Customer Service Rep, Customer Service Dept 6/01/2015*
John Linse, Police Communications Operator Trainee, Police Dept 6/01/2015
Symone Watts, Police Comm Operator Trainee, Police Dept 6/01/2015
Kelsey Paulton, Police Comm Operator Trainee, Police Dept 6/01/2015
Sarah Czekaj, Industrial Pretreatment Tech, Public Utilities Dept 6/01/2015
Cristian Rubiano, Traffic Engineering Assistant, Engineering Dept 6/15/2015
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City of Clearwater
Pension Trustees Meeting Minutes August 17, 2015
Matthew Blansit, Parks Support Specialist, Parks and Rec Dept 6/15/2015**
* Lamonte Monroe was employed in a part time position from 4/20/2015 to
5/31/2015. He transferred to a full time position effective 6/01/2015, and will be
eligible for pension as of 6/01/2015.
** Matthew Blansit was employed in a temporary position from 8/11/2014 to
6/13/2015. He transferred to a full time position effective 6/15/2015, and will
be eligible for pension as of 6/15/2015.
Trustee Hock-DiPolito moved to approve the new hires for
acceptance into the Pension Plan as listed. The motion was duly
seconded and carried unanimously.
4.2 Approve the following request of employees Vicki Dettenwanger, Finance Department,
and Stephen Sarnoff, Solid Waste General Services Department, for a regular
pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan.
Vicki Dettenwanger, Risk Management Specialist, Finance Department, was
employed by the City on July 24, 1995, and her pension service credit is
effective on that date. Her pension will be effective October 1, 2015. Based on
an average salary of approximately $42,027.16 over the past five years, the
formula for computing regular pensions and Ms. Dettenwanger's selection of
the Single Life Annuity, this pension benefit will be approximately $23,118.12
annually.
Stephen Sarnoff, Solid Waste Accounts Coordinator, Solid Waste General
Services Department, was employed by the City on October 14, 1989, and his
pension service credit is effective on that date. His pension will be effective
August 1, 2015. Based on an average salary of approximately $47,448.29 over
the past five years, the formula for computing regular pensions and Mr.
Sarnoff's selection of the 100% Joint and Survivor Annuity, this pension benefit
will be approximately $32,283.36 annually.
Section 2.416 provides for normal retirement eligibility for non-hazardous duty
employees hired prior to the effective date of this reinstatement (January 1,
2013), a member shall be eligible for retirement following the earlier of the date
on which a participant has reached the age of fifty-five years and completed
twenty years of credited service; the date on which a participant has reached
age sixty-five years and completed ten years of credited service; or the date on
which a member has completed thirty 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 years and
completed twenty-five years of credited service; or the date on which a
participant has reached the age of sixty-five years and completed ten years of
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City of Clearwater
Pension Trustees Meeting Minutes August 17, 2015
credited service. Ms. Dettenwanger and Mr. Sarnoff have met the
non-hazardous duty criteria.
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 years of credited service
regardless of age, or the date on which the participant has reached fifty-five
years and completed ten years of credited service.
Trustee Hamilton moved to approve the following request of
employees Vicki Dettenwanger, Finance Department, and Stephen
Sarnoff, 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 Appoint Wayne R. Huneke to the Pension Investment Committee with term to expire
August 31, 2017.
APPOINTMENT WORKSHEET
BOARD: Pension Investment Committee
TERM: 2 years
APPOINTED BY: City Council (Pension Trustees)
RESIDENCY REQUIREMENT: City of Clearwater
CONTACT: Jay Ravins, Finance Dir.
APPTS. NEEDED: 1
THE FOLLOWING PENSION INVESTMENT COMMITTEE MEMBER HAS A
TERM, WHICH WILL BE EXPIRING AND NOW REQUIRES REPLACEMENT
BY A NEW APPOINTEE:
1. Herbert W. McLachlan - 1180 Gulf Blvd., #102, 33767 - CPA
Original Appointment: 12/6/07
Interest in reappointment: Does not wish to continue
(term expires 8/31/15)
THE NAME BELOW IS BEING SUBMITTED FOR CONSIDERATION TO FILL
THE ABOVE VACANCY:
1. Wayne R. Huneke - 612 Snug Island, 33767 - Retired/Bachelor of Business
Adm./CPA
Trustee Jonson moved to appoint Wayne R. Huneke to the Pension
Investment Committee with term to expire August 31, 2017. The
motion was duly seconded and carried unanimously.
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City of Clearwater
Pension Trustees
5. Adjourn
Attest
Meeting Minutes August 17, 2015
The meeting adjourned at 1:33 p.m.
City of Clearwater
— u r,c. r) Crt kkof
Chair
Employees' Pension Plan Trustees
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