06/12/2017
Pension Trustees Meeting Minutes June 12, 2017
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
Meeting Minutes
Monday, June 12, 2017
1:00 PM
Council Chambers
Pension Trustees
Page 1
City of Clearwater
Pension Trustees Meeting Minutes June 12, 2017
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, Micah Maxwell – Assistant 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 1:26 p.m. at City Hall.
2. Approval of Minutes
2.1
Approve the minutes of the May 15, 2017 Pension Trustees Meeting as submitted in
written summation by the City Clerk.
Trustee Cundiff moved to approve the minutes of the May 15, 2017
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
Margaret Maxey, Custodial Worker, Marine and Aviation 04/01/2017
Nina Borders, Fire Medic, Fire 04/03/2017
Matthew Demarco, Fire Medic, Fire 04/03/2017
Alejandro Montoya, Fire Medic, Fire 04/03/2017
Joshua Peterson, Fire Medic, Fire 04/03/2017
Jacob Rivero, Fire Medic, Fire 04/03/2017
John Sims, Fire Medic, Fire 04/03/2017
Page 2
City of Clearwater
Pension Trustees Meeting Minutes June 12, 2017
Tyler Whitfield, Fire Medic, Fire 04/03/2017
Nicholas Wolfgram, Fire Medic, Fire 04/03/2017
Daniel Kasman, Parks Service Technician I, Parks and Recreation 04/03/2017
Tyrie Bryant, Parks Service Technician I, Parks and Recreation 04/03/2017
Kelly Athan, Staff Assistant, General Services 04/03/2017
Kristina Pasley, Librarian I, Library 04/15/2017
Dean Lampman, Wastewater Treatment Plant Operator Trainee, Public Utilities 04/17/2017
Alan Brooks, Wastewater Treatment Plant Operator Trainee, Public Utilities 04/17/2017
Justin Lewen, Gas Technician I, Gas 04/17/2017
Brandon Gonzalez, Gas Technician I, Gas 04/17/2017
Ryley Henika, Gas Technician I, Gas 04/17/2017
Chuck Kordick, Fleet Mechanic, General Services 04/17/2017
Jennifer Vandervort, Accounting Technician, Parks and Recreation 04/17/2017
William Eddy, Parks Service Technician I, Parks and Recreation 04/17/2017
John Dressman, Police Officer, Police 04/17/2017
Stephanie Emrich, Police Officer, Police 04/17/2017
Henry Giles, Police Officer, Police 04/17/2017
Stephen Hartnett, Police Officer, Police 04/17/2017
Brian Hoxie, Police Officer, Police 04/17/2017
Jay Moccia, Police Officer, Police 04/17/2017
Kevin Vigh, Police Officer, Police 04/17/2017
Alexis Pabon-Galiano, Pool Guard, Long Center 04/17/2017
Christopher Horsely, Customer Service Representative, Customer Service 04/17/2017
David Aman, Building Construction Inspector, Planning and Development 04/18/2017
Trustee Hamilton 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 Himanshu Patni, Engineering Department
and Alexis Wells, Parks and Recreation Department, to vest their pensions as
provided by Section 2.419 of the Employees’ Pension Plan.
Himanshu Patni, Senior Professional Engineer, Engineering Department,was
employed by the City on February 6, 2006, and began participating in the
Pension Plan on that date. Mr. Patni terminated from city employment on
January 7, 2017.
Alexis Wells, Landscape Manager, Parks and Recreation Department,was
employed by the City on February 24, 2003, and began participating in the
Pension Plan on that date. Mr. Wells terminated from city employment on April
22, 2017.
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
Page 3
City of Clearwater
Pension Trustees Meeting Minutes June 12, 2017
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 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. Mr. Patni will meet the non-hazardous duty criteria and begin
collecting a pension in January 2036. Mr. Wells will meet the non-hazardous
duty criteria and begin collecting a pension in January 2022.
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 Jonson moved to approve the following request of
employees Himanshu Patni, Engineering Department and Alexis
Wells, Parks and Recreation Department, to vest their pensions as
provided by Section 2.419 of the Employees’ Pension Plan. The
motion was duly seconded and carried unanimously.
4.3
Approve the following request of employees Jeffrey Borden, Public Utilities
Department, Michael Cieslak, Police Department, Jean Griggs, Police Department,
Suzanne Kravik, Police Department and Mark Serio, Public Utilities for a regular
pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan.
Jeffrey Borden, Wastewater Treatment Plant - Chief Operator, Public Utilities
Department, was employed by the City on June 4, 1990, and his pension
service credit is effective on that date. His pension will be effective June 1,
2017. Based on an average salary of approximately $69,333.74 over the past
Page 4
City of Clearwater
Pension Trustees Meeting Minutes June 12, 2017
five years, the formula for computing regular pensions and Mr. Borden’s
selection of the Life Annuity, this pension benefit will be approximately
$51,464.40 annually.
Michael Cieslak, Police Officer, Police Department, was employed by the City
on October 17, 1994, and his pension service credit is effective on that date.
His pension will be effective May 1, 2017. Based on an average salary of
approximately $82,780.81 over the past five years, the formula for computing
regular pensions and Mr. Cieslak’s selection of the 100% Joint and Survivor
Annuity, this pension benefit will be approximately $50,550.36 annually.
Jean Griggs, Police Records Manager, Police Department,was employed by
the City on October 2, 1995, and her pension service credit is effective on that
date. Her pension will be effective June 1, 2017. Based on an average salary
of approximately $67,040.72 over the past five years, the formula for
computing regular pensions and Ms. Griggs’ selection of the Life Annuity, this
pension benefit will be approximately $39,939.96 annually.
Suzanne Kravik, Police Service Technician, Police Department, was employed
by the City on April 27, 1987, and her pension service credit is effective on that
date. Her pension will be effective May 1, 2017. Based on an average salary
of approximately $51,549.31 over the past five years, the formula for
computing regular pensions and Ms. Kravik’s selection of the Joint and
Survivor Annuity, this pension benefit will be approximately $42,536.04
annually.
Mark Serio, Utilities Maintenance Supervisor I, Public Utilities Department,was
employed by the City on July 30, 1990, and his pension service credit is
effective on June 17, 1991. His pension will be effective May 1, 2017. Based
on an average salary of approximately $52,926.67 over the past five years, the
formula for computing regular pensions and Mr. Serio’s selection of the 66
2/3% Joint and Survivor Annuity, this pension benefit will be approximately
$38,168.76 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
Page 5
City of Clearwater
Pension Trustees Meeting Minutes June 12, 2017
credited service. Mr. Borden, Ms. Griggs, Ms. Kravik and Mr. Serio 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. Cieslak has met the
hazardous duty criteria.
Trustee Caudell moved to approve the following request of
employees Jeffrey Borden, Public Utilities Department, Michael
Cieslak, Police Department, Jean Griggs, Police Department,
Suzanne Kravik, Police Department and Mark Serio, Public Utilities
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.
4.4
Appoint one member to the Pension Investment Committee with a term to expire June
30, 2019.
APPOINTMENT WORKSHEET
Pension Investment Committee
BOARD:
TERM: 2 years
APPOINTED BY: City Council (Pension Trustees)
RESIDENCY REQUIREMENT: City of Clearwater
CONTACT: Jay Ravins, Finance Dir.
1
APPTS. NEEDED:
THE FOLLOWING PENSION INVESTMENT COMMITTEE MEMBER HAD
RESIGNED AND NOW REQUIRES REPLACEMENT BY A NEW
APPOINTEE:
Retired/Business Admin.
1. Wayne R. Huneke - 612 Snug Island, 33767 -
Original Appointment: 8/17/15
Resigned 6/30/16 - (moved out of Clearwater)
(was serving term to expire 8/31/17)
THE NAMES BELOW ARE BEING SUBMITTED FOR CONSIDERATION TO
FILL THE ABOVE VACANCY:
Investment Banking
1. Nino Accetta - 2717 Via Cipriani, 33764 -
Page 6
City of Clearwater
Pension Trustees
5. Adjourn
Meeting Minutes June 12, 2017
2. Margaret V. Bruneau - 2455 Chaucer Street, 33765 - Supervisor /Agent
Contracting & Licensing
Trustee Cundiff moved to appoint Nino Accetta to the Pension
Investment Committee with a term to expire June 30, 2019. The
motion was duly seconded and carried unanimously.
The meeting adjourned at 1:29 p.m.
Attest
to
City Clerk
City of Clearwater
okeA) 1\Qfcft'K- ko)
Chair
Employees' Pension Plan Trustees
Page 7