11/15/2016 Pension Trustees Meeting Minutes November 15, 2016
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
Meeting Minutes
Tuesday, November 15, 2016
9:00 AM
Council Chambers
Pension Trustees
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City of Clearwater
Pension Trustees Meeting Minutes November 15, 2016
Roll Call
Present 5 - Chair George N. Cretekos, Trustee Doreen Caudell, Trustee Bob
Cundiff, Trustee Hoyt Hamilton, and Trustee Bill Jonson
Also Present—William B. Horne — City Manager, Jill Silverboard — Deputy City
Manager, Pamela K. Akin — City Attorney, Rosemarie Call — City
Clerk, Nicole Sprague — Official Records and Legislative Services
Coordinator, and Joe Roseto — Human Resources Director
To provide continuity for research, items are listed in agenda order although not
necessarily discussed in that order.
1. Call To Order— Chair Cretekos
The meeting was called to order at 10:23 a.m. at City Hall.
2. Approval of Minutes
2.1 Approve the minutes of the October 17, 2016 Pension Trustees Meeting as submitted
in written summation by the City Clerk.
Trustee Jonson moved to approve the minutes of the October 17,
2016 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.
Name/Job Classification/Department Pension Eligibility
Date
Travis Lee *,Solid Waste Worker, Solid Waste 09/05/2016
Bridget McCord, Police Information Technician I, Police 09/06/2016
Garth Carson, Wastewater Treatment Plant Op. Trainee, Public Utilities 09/06/2016
Jon Page, Wastewater Treatment Plant Operator, Public Utilities 09/06/2016
Ucal Morrison, Solid Waste Equipment Operator, Solid Waste 09/06/2016
Graham Donaldson **, Marine Facility Operator, Marine and Aviation 09/17/2016
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City of Clearwater
Pension Trustees Meeting Minutes November 15, 2016
* Travis Lee was employed in temporary position from 06/27/2016 to
09/04/2016, and then transferred to a full time position on 09/05/2016. He will
be eligible for pension as of 09/05/2016.
** Graham Donaldson was employed in temporary position from 04/21/2016 to
07/07/2016, and then a part time position from 07/09/2016 to 09/16/2016. He
was hired into a full time position on 09/17/2016 and will be eligible for pension
on 09/17/2016.
Trustee Caudell moved to approve 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 Barbara Hagen, Gas
Department, Linda Ratcliffe, Library Department, Steven Sears, Police Department,
Charles Sheldon, Solid Waste General Services and Robert Weiss, Fire Department,
for a regular pension as provided by Sections 2.416 and 2.424 of the Employees'
Pension Plan.
Barbara Hagen, Gas Program Coordinator, Gas Department, was employed by
the City on July 9, 1990, and her pension service credit is effective on that
date. Her pension will be effective October 1, 2016. Based on an average
salary of approximately $61,275.85 over the past five years, the formula for
computing regular pensions and Ms. Hagen's selection of the Joint and
Survivor Annuity, this pension benefit will be approximately $44,130.48
annually.
Linda Ratcliffe, Library Assistant, Library Department, was employed by the
City on December 9, 1985, and her pension service credit is effective
December 10, 1993. Her pension will be effective September 1, 2016. Based
on an average salary of approximately $34,075.86 over the past five years, the
formula for computing regular pensions and Ms. Ratcliffe's selection of the 10
Year Certain and Life Annuity, this pension benefit will be approximately
$20,648.52 annually.
Steven Sears, Police Sergeant, Police Department, was employed by the City
on October 19, 1992, and his pension service credit is effective on that date.
His pension will be effective October 1, 2016. Based on an average salary of
approximately $101,228.68 over the past five years, the formula for computing
regular pensions and Mr. Sears' selection of the 100% Joint and Survivor
Annuity, this pension benefit will be approximately $65,238.60 annually.
Charles Sheldon, Licensed Electrician, Solid Waste General Services
Department, was employed by the City on October 27, 1986, and his pension
service credit is effective on that date. His pension will be effective November
1, 2016. Based on an average salary of approximately $60,711.85 over the
past five years, the formula for computing regular pensions and Mr. Sheldon's
selection of the 100% Joint and Survivor Annuity with a 20% Partial Lump
Sum, this pension benefit will be approximately $37,183.44 annually.
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City of Clearwater
Pension Trustees Meeting Minutes November 15, 2016
Robert Weiss, Fire Chief, Fire Department, was employed by the City on
February 19, 2005, and his pension service credit is effective on that date. His
pension will be effective November 1, 2016. Based on an average salary of
approximately $118,895.92 over the past five years, the formula for computing
regular pensions and Mr. Weiss' selection of the 100% Joint and Survivor
Annuity, this pension benefit will be approximately $37,014.60 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
credited service. Ms. Hagen, Ms. Ratcliffe and Mr. Sheldon 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. Mr. Sears and Mr. Weiss
have met the hazardous duty criteria.
Trustee Cundiff moved to approve the following request of
employees Barbara Hagen, Gas Department, Linda Ratcliffe,
Library Department, Steven Sears, Police Department, Charles
Sheldon, Solid Waste General Services and Robert Weiss, 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.
4.3 Recommend approval of the following request of employees Lynne Marchitello, Parks
and Recreation Department and Todd Voigt, Public Utilities Department, to vest their
pensions as provided by Section 2.419 of the Employees' Pension Plan.
Lynne Marchitello, Parks Service Tech II, Parks and Recreation Department,
was employed by the City on July 24, 2006, and began participating in the
Pension Plan on that date. Ms. Marchitello terminated from City employment
on August 30, 2016.
Todd Voigt, Water Distribution Supervisor I, Public Utilities Department, was
employed by the City on May 1, 1989, and began participating in the Pension
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City of Clearwater
Pension Trustees Meeting Minutes November 15, 2016
Plan on that date. Mr. Voigt terminated from City employment on August 5,
2016.
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 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 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 (60) 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
credited service. Ms. Marchitello will meet the non-hazardous duty criteria and
begin collecting a pension in June 2022. Mr. Voigt will meet the
non-hazardous duty criteria and begin collecting a pension in September 2017.
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 Lynne Marchitello, Parks and Recreation Department
and Todd Voigt, Public Utilities Department, to vest their pensions
as provided by Section 2.419 of the Employees' Pension Plan. The
motion was duly seconded and carried unanimously.
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City of Clearwater
Pension Trustees
5. Adjourn
Meeting Minutes
The meeting adjourned at 10:25 a.m.
Attest
WALO �
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City Clerk
City of Clearwater
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November 15, 2016
Chair
Employees' Pension Plan Trustees
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