Loading...
06/09/2016 Pension Advisory Committee Meeting Minutes June 9, 2016 City of Clearwater City Hall 112 S. Osceola Avenue Clearwater, FL 33756 9 ' e Meeting Minutes Thursday, June 9, 2016 9:00 AM Council Chambers - City Hall Pension Advisory Committee Page 1 City of Clearwater Pension Advisory Committee Meeting Minutes June 9, 2016 Roll Call Present 6 - Vice Chair Tom Jensen, Committee Member Bill Jonson, Committee Member Hoyt Hamilton, Committee Member Laura Damico, Committee Member Greg Newland, and Committee Member Bob Cundiff Absent 1 - Chair Nathan Hightower Also Present Joe Roseto — Human Resources Director, Patricia O. Sullivan - Board Reporter 1. Call To Order The Vice Chair called the meeting to order at 9:00 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 2.1 Approve minutes of May 12, 2016 Pension Advisory Committee meeting as submitted in written summation. Member Jonson moved to approve minutes of May 12, 2016 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 Classification, Department Pension Eligibility Date Theresa Hughes, Field Service Representative I, Customer Service 05/02/2016 Christopher Bennett, Solid Waste Equipment Operator, Solid Waste 05/02/2016 Michael Dominguez, Solid Waste Equipment Operator, Solid Waste 05/02/2016 Lloyd Briscoe, Solid Waste Equipment Operator, Solid Waste 05/02/2016 Andrea Moreira, Aquatic Programmer, Parks and Recreation 05/02/2016 Sharon Hollifield *, Code Enforcement Inspector, Planning and Development 05/02/2016 Michael Robinson **, Librarian I, Library 05/15/2016 Nathan Huffman, Public Utilities Technician I, Public Utilities 05/16/2016 Jasia Shaver, Accounting Clerk, Finance 05/16/2016 Anelise Wilhelm, Senior Systems Programmer, Information Technology 05/16/2016 Zane Liebrum, Parks Service Technician I, Parks and Recreation 05/16/2016 Michael Bryant ***, Parking Technician, Engineering 05/16/2016 * Sharon Hollifield was employed in a part time position from 02/08/2016 to 05/01/2016, and then hired into a full time position on 05/02/2016. She will be eligible for pension as of 05/02/2016. Page 2 City of Clearwater Pension Advisory Committee Meeting Minutes June 9, 2016 ** Michael Robinson was employed in a part time position from 11/18/2013 to 05/14/2016, and then hired into a full time position on 05/15/2016. He will be eligible for pension as of 05/15/2016. *** Michael Bryant was employed in a part time position from 02/08/2016 to 05/13/2016, and then hired into a full time position on 05/14/2016. He will be eligible for pension as of 05/14/2016. Member Hamilton moved to recommend approval of the new hires for acceptance into the Pension Plan as listed. The motion was duly seconded and carried unanimously. 4.2 Recommend approval of the following request of employees Thomas Carrick, Planning and Development Department, John Fellenbaum, Police Department, Ann Galluccio, Library Department, Joanne Hilbert, Police Department, Dina Hyson, Human Resources Department, Danny Jones, Fire Department, and Mark Smyth, Fire Department for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. Thomas Carrick, Assistant Building Official, Planning and Development Department, was employed by the City on April 15, 1996, and his pension service credit is effective on that date. His pension will be effective June 1, 2016. Based on an average salary of approximately $62,715.85 over the past five years, the formula for computing regular pensions and Mr. Carrick's selection of the Life Annuity with a 10% Partial Lump Sum, this pension benefit will be approximately $31,229.64 annually. John Fellenbaum, Police Officer, Police Department, was employed by the City on July 8, 1996, and his pension service credit is effective on that date. His pension will be effective August 1, 2016. Based on an average salary of approximately $89,017.88 over the past five years, the formula for computing regular pensions and Mr. Fellenbaum's selection of the Joint and Survivor Annuity with a 10% Partial Lump Sum, this pension benefit will be approximately $44,070.00 annually. Ann Galluccio, Library Assistant, Library Department, was employed by the City on January 27, 2003, and her pension service credit is effective on that date. Her pension will be effective August 1, 2016. Based on an average salary of approximately $26,159.29 over the past five years, the formula for computing regular pensions and Ms. Galluccio's selection of the Life Annuity, this pension benefit will be approximately $9,673.56 annually. Page 3 City of Clearwater Pension Advisory Committee Meeting Minutes June 9, 2016 Joanne Hilbert, Police Communication Operator, Police Department, was employed by the City on December 12, 1988, and her pension service credit is effective on that date. Her pension will be effective July 1, 2016. Based on an average salary of approximately $54,360.85 over the past five years, the formula for computing regular pensions and Ms. Hilbert's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $37,843.80 annually. Dina Hyson, Human Resources Manager, Human Resources Department, was employed by the City on October 9, 1992, and her pension service credit is effective on that date. Her pension will be effective August 1, 2016. Based on an average salary of approximately $78,290.95 over the past five years, the formula for computing regular pensions and Ms. Hyson's selection of the 10 Year Certain and Life Annuity, this pension benefit will be approximately $50,631.60 annually. Danny Jones, Fire Assistant Chief, Fire Department, was employed by the City on May 4, 1987, and his pension service credit is effective on that date. His pension will be effective June 1, 2016. Based on an average salary of approximately $113,486.65 over the past five years, the formula for computing regular pensions and Mr. Jones' selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $88,185.24 annually. Mark Smyth, Fire Lieutenant, Fire Department, was employed by the City on April 1, 1981, and his pension service credit is effective on that date. His pension will be effective June 1, 2016. Based on an average salary of approximately $82,257.01 over the past five years, the formula for computing regular pensions and Mr. Smyth's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $77,508.96 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. Mr. Carrick, Ms. Galluccio, Ms. Hilbert and Ms. Hyson have met the non-hazardous duty criteria. Page 4 City of Clearwater Pension Advisory Committee Meeting Minutes June 9, 2016 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. Fellenbaum, Mr. Jones and Mr. Smyth have met the hazardous duty criteria. Member Damico moved to recommend approval of the following request of employees Thomas Carrick, Planning and Development Department, John Fellenbaum, Police Department, Ann Galluccio, Library Department, Joanne Hilbert, Police Department, Dina Hyson, Human Resources Department, Danny Jones, Fire Department, and Mark Smyth, Fire 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. 5. Old Business Item Human Resources Director Joe Roseto said technology would be added to the dais. Also, members will be able to access all disability files remotely via a password protected site. The City Clerk will reach out to all committee members and provide each a password and the protocol for accessing the site. 6. Director's Report 6.1 PAC Policy and Procedures Manual. At the February 11, 2016 meeting, a review of the PAC Policies and Procedures Manual was to be scheduled for the April 14 meeting. Staff has provided a copy of the manual to the Committee Members. The Committee will review this manual at the July 14, 2016 meeting. Mr. Roseto said he would email a copy of the manual to the committee. He requested members review the manual for discussion at a future meeting re appropriate changes. It was requested that cross references re policies and procedures that are in the Code be provided for the next meeting. It was noted the document's City seal required update. Mr. Roseto reported today was Member Damico's last meeting. He said the City appreciated her service on the committee and thanked her for her efforts. 7. Board Members to be Heard Page 5 City of Clearwater Pension Advisory Committee 8. Adiourn Meeting Minutes June 9, 2016 Committee members said it had been a pleasure serving with Member Damico, thanked her for her efforts, and complimented her research, knowledge, preparation, thoughtful comments and conscientiousness. Member Damico thanked the Committee and staff and said it had been an honor to represent Pension Plan members. Member Jonson recognized this month's retirees who made significant contributions to the City. He requested Member Damico attend next month's meeting and share her recommendations re the Policy and Procedures Manual. Member Newland reminded members that Financial Disclosure Reports were due July 1. The meeting adjourned at 9:16 a.m. City of Clearwater Chair Pension Advisory Page 6 mmittee