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10/12/2017 Pension Advisory Committee Meeting Minutes October 12, 2017 City of Clearwater City Hall 112 S. Osceola Avenue Clearwater, FL 33756 9 ' e Meeting Minutes Thursday, October 12, 2017 9:00 AM Council Chambers - City Hall Pension Advisory Committee Page 1 City of Clearwater Pension Advisory Committee Meeting Minutes October 12, 2017 Roll Call Present 5 - Chair Nathan Hightower, Vice Chair Tom Jensen, Committee Member Diane Devol, Committee Member Greg Newland, and Committee Member Bob Cundiff Absent 2 - Committee Member Bill Jonson, and Committee Member Hoyt Hamilton 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 September 14, 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 Margaux La Barge, Customer Service Representative, Customer Service 09/02/2017 John Mellor, Solid Waste Equipment Operator, Solid Waste 09/04/2017 Sara Bayly, Customer Service Representative, Customer Service 09/05/2017 John Anderson, Accountant, Gas 09/05/2017 Madai Gutierrez, Recreation Specialist, Parks and Recreation 09/05/2017 Yiannis Halvatzis, Recreation Specialist, Parks and Recreation 09/05/2017 Christopher Tisdale, Parks Service Technician I, Parks and Recreation 09/05/2017 Charles Hargrove, Parks Service Technician III, Parks and Recreation 09/05/2017 Haris Kasumovic, Water Distribution Operator Trainee, Public Utilities 09/05/2017 Tyraven Jackson, Water Distribution Operator Trainee, Public Utilities 09/05/2017 Kenneth Fluitt, Jr., Solid Waste Equipment Operator, Solid Waste 09/05/2017 DeVante Lang, Solid Waste Worker, Solid Waste 09/16/2017 Eric Saccasyn, Fire Inspector II, Fire 09/18/2017 Page 2 City of Clearwater Pension Advisory Committee Meeting Minutes October 12, 2017 Member Jensen 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 employee Darci Willis, Public Utilities Department, to vest her pension as provided by Section 2.419 of the Employees' Pension Plan. Darci Willis, Wastewater Treatment Plant Operator A, Public Utilities Department, was employed by the City on October 24, 1998, and began participating in the Pension Plan on that date. Ms. Willis terminated from City employment on September 8, 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. Member Jensen moved to recommend approval of the following request of employee Darci Willis, Public Utilities Department, to vest her pension 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 Dane Heatherington, Engineering Department, James Hornaday, Gas Department, and Anthony Sammartano, Fire Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. Dane Heatherington, Traffic Signal Technician, Engineering Department, was employed by the City on January 14, 1991, 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 $61,630.69 over the past five years, the formula for computing regular pensions and Mr. Heatherington selection of the Joint and Survivor Annuity, this pension benefit will be approximately $45,271.20 annually. Page 3 City of Clearwater Pension Advisory Committee Meeting Minutes October 12, 2017 James Hornaday, Gas Technician III, Gas Department, was employed by the City on June 13, 1994, 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 $55,182.48 over the past five years, the formula for computing regular pensions and Mr. Hornaday's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $28,752.84 annually. Anthony Sammartano, Fire Lieutenant, Fire Department, was employed by the City on March 3, 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 $109,662.12 over the past five years, the formula for computing regular pensions and Mr. Sammartano's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $60,461.52 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. Mr. Heatherington and Mr. Hornaday 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 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. Sammartano has met the hazardous duty criteria. Member Newland moved to recommend approval of the following request of employees Dane Heatherington, Engineering Department, James Hornaday, Gas Department, and Anthony Sammartano, 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 Joseph Connors'attorneys were deposing witnesses. It will be a while before the formal disability hearing can be scheduled. Other cases were pending. Page 4 City of Clearwater Pension Advisory Committee Meeting Minutes October 12, 2017 6. Director's Report: None 7. Board Members to be Heard: None 8. Adjourn Attest: The meeting adjourned at 9:02 a.m. Board Reporte City of Clearwater Page 5 Chair Pensior(Advisory Committee