09/14/2017 Pension Advisory Committee Meeting Minutes September 14, 2017
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
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e
Meeting Minutes
Thursday, September 14, 2017
9:00 AM
Council Chambers - City Hall
Pension Advisory Committee
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City of Clearwater
Pension Advisory Committee Meeting Minutes September 14, 2017
Roll Call
Present 5 - Chair Nathan Hightower, Vice Chair Tom Jensen, Committee Member
Greg Newland, Committee Member Bob Cundiff, and Committee
Member Hoyt Hamilton
Absent 2 - Committee Member Diane Devol, and Committee Member Bill Jonson
Also Present Joe Roseto — Human Resources Director, Patricia O. Sullivan - Board
Reporter
1. Call To Order
The 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 August 10, 2017 Pension Advisory Committee meeting as submitted
in written summation.
Member Cundiff moved to approve minutes of August 10, 2017
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
Eric Jewett, Code Enforcement Inspector, Planning & Development 08/07/2017
Marcus Bullock, Police Property Clerk, Police 08/07/2017
Reginald Jackson, Solid Waste Equipment Operator, Solid Waste 08/07/2017
Harlan Hamilton, Solid Waste Equipment Operator, Solid Waste 08/07/2017
Teresa Mitchell Grein, Service Dispatcher, Gas 08/14/2017
Miranda Wincek, Police Cadet, Police 08/21/2017
Brian Aden, Legal Staff Assistant, Legal 08/21/2017
Theodore Hordych, Traffic Signal Technician, Engineering 08/21/2017
Kristian Greve, Traffic Signal Technician, Engineering 08/21/2017
Terry Johnson, Water Distribution Operator Trainee, Public Utilities 08/21/2017
Taylor Thomason, Recreation Leader, Parks and Recreation 08/21/2017
Member Newland 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 September 14, 2017
4.2 Recommend approval of the following request of employees Adam Jacques, Police
Department and Matthew Roach, Solid Waste General Services Department, to vest their
pensions as provided by Section 2.419 of the Employees' Pension Plan.
Adam Jacques, Police Officer, Police Department, was employed by the
City on January 8, 2007, and began participating in the Pension Plan on that
date. Mr. Jacques terminated from City employment on August 04, 2017.
Matthew Roach, Solid Waste Equipment Operator, Solid Waste General
Services Department, was employed by the City on March 11, 2002, and
began participating in the Pension Plan on that date. Mr. Roach terminated
from City employment on January 11, 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 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 (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. Roach will meet the non-hazardous duty criteria and
begin collecting a pension in April 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 (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. Jacques will meet the hazardous duty criteria and begin
collecting pension in February 2027.
Member Hamilton moved to recommend approval of the following
requests of employees Adam Jacques, Police Department and
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City of Clearwater
Pension Advisory Committee Meeting Minutes September 14, 2017
Matthew Roach, Solid Waste General Services 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 Recommend approval of the following request of employees John Fahey, Planning and
Development Department, Stephen Finney, Gas Department, Cheryl Ford, Finance
Department, Donald Hall, Police Department, Jay Holsombach, Police Department,
Michael Pryor, Solid Waste General Services, Clyde Renfroe, Police Department and
Brian Sweeney, Library Department for a regular pension as provided by Sections 2.416
and 2.424 of the Employees' Pension Plan.
John Fahey, Plan Examiner, Planning and Development Department,
was employed by the City on May 15, 2006, and his pension service credit is
effective on August 7, 2006. His pension will be effective October 1, 2017.
Based on an average salary of approximately $47,246.18 over the past five
years, the formula for computing regular pensions and Mr. Fahey's selection
of the Life Annuity, this pension benefit will be approximately $14,407.44
annually.
Stephen Finney, Gas Tech II, Gas Department, was employed by the City
on September 15, 1997, and his pension service credit is effective on that
date. His pension will be effective October 1, 2017. Based on an average
salary of approximately $37,756.77 over the past five years, the formula for
computing regular pensions and Mr. Finney's selection of the 66 2/3% Joint
and Survivor Annuity, this pension benefit will be approximately $19,187.88
annually.
Cheryl Ford, Accountant, Finance Department, was employed by the City
on November 28, 1994, and her pension service credit is effective on that
date. Her pension will be effective September 1, 2017. Based on an average
salary of approximately $45,769.41 over the past five years, the formula for
computing regular pensions and Ms. Ford's selection of the 100% Joint and
Survivor Annuity, this pension benefit will be approximately $25,329.00
annually.
Donald Hall, Police Deputy Chief, Police Department, was employed by
the City on May 21, 1984, and his pension service credit is effective on that
date. His pension will be effective October 1, 2017. Based on an average
salary of approximately $109,048.88 over the past five years, the formula for
computing regular pensions and Mr. Hall's selection of the 100% Joint and
Survivor Annuity, this pension benefit will be approximately $97,953.96
annually.
Jay Holsombach, Police Sergeant, Police Department, was employed by
the City on April 28, 1997, and his pension service credit is effective on that
date. His pension will be effective October 1, 2017. Based on an average
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City of Clearwater
Pension Advisory Committee Meeting Minutes September 14, 2017
salary of approximately $105,287.08 over the past five years, the formula for
computing regular pensions and Mr. Holsombach's selection of the Life
Annuity, this pension benefit will be approximately $64,304.64 annually.
Michael Pryor, Solid Waste Program Coordinator, Solid Waste General
Services Department, was employed by the City on November 2, 1987,
and his pension service credit is effective on that date. His pension will be
effective December 1, 2017. Based on an average salary of approximately
$65,532.73 over the past five years, the formula for computing regular
pensions and Mr. Pryor's selection of the 100% Joint and Survivor Annuity,
this pension benefit will be approximately $50,147.52 annually.
Clyde Renfroe, Police Officer, Police Department, was employed by the
City on June 9, 1997, and his pension service credit is effective on that date.
His pension will be effective September 1, 2017. Based on an average
salary of approximately $93,427.52 over the past five years, the formula for
computing regular pensions and Mr. Renfroe's selection of the 100% Joint
and Survivor Annuity, this pension benefit will be approximately $51,145.44
annually.
Brian Sweeney, Library Assistant, Library Department, was employed by
the City on December 23, 1996, and his pension service credit is effective on
September 15, 1997. His pension will be effective October 1, 2017. Based
on an average salary of approximately $32,770.44 over the past five years,
the formula for computing regular pensions and Mr. Sweeney's selection
of the Life Annuity, this pension benefit will be approximately $18,026.28
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. Fahey, Mr. Finney, Ms. Ford, Mr. Pryor
and Mr. Sweeney 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 (20) years of
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City of Clearwater
Pension Advisory Committee
Meeting Minutes September 14, 2017
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. Hall, Mr. Holsombach and Mr. Renfroe have met the hazardous
duty criteria.
Member Newland moved to recommend approval of the following
requests of employees John Fahey, Planning and Development
Department, Stephen Finney, Gas Department, Cheryl Ford,
Finance Department, Donald Hall, Police Department, Jay
Holsombach, Police Department, Michael Pryor, Solid Waste
General Services, Clyde Renfroe, Police Department and Brian
Sweeney, Library 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 attorneys preparing for Joseph
Connors' formal disability hearing were not ready to present the case.
He reported other employees were in a position to apply for disability
pension benefits.
6. Director's Report
Mr. Roseto hoped all had come safely through the storm.
7. Board Members to be Heard
Chair Hightower said the City was lucky to have employees who went
above and beyond their duties during and after the storm. He said
residents appreciated employee efforts.
8. Adjourn
Attes
Ate
oard R -.. er
The meeting adjourned at 9:06 a.m.
City of Clearwater
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Chair V
Pension Advisory Committee
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