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01/16/2018 Pension Trustees Meeting Minutes January 16, 2018 City of Clearwater City Hall 112 S. Osceola Avenue Clearwater, FL 33756 m ap ® e Meeting Minutes Tuesday, January 16, 2018 9:00 AM Council Chambers Pension Trustees Page 1 City of Clearwater Pension Trustees Meeting Minutes January 16, 2018 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 10:23 a.m. at City Hall. 2. Approval of Minutes 2.1 Approve the minutes of the November 13, 2017 Pension Trustees Meeting as submitted in written summation by the City Clerk. Trustee Cundiff moved to approve the minutes of the November 13, 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, DepartmentPension Eligibility Date Sarah Fletcher, Library Assistant, Library 09/30/2017 Steven Buis, Police Officer, Police 08/21/2017 Atef Hanna, Senior Professional Engineer, Engineering 10/02/2017 Mindy Hewitt, WasteWater Treatment Plant Operator, Public Utilities 10/02/2017 Aaron Kunkel, WasteWater Treatment Plant Operator, Public Utilities 10/02/2017 Michael Flanigan, Public Utilities Coordinator, Public Utilities 10/02/2017 Kyle Chiappone, WasteWater Treatment Plant Operator, Public Utilities 10/02/2017 Charles Kordick II, Gas Technician I, Gas 10/02/2017 Eric Hoffmaster, Police Communications Operator Trainee, Police 10/02/2017 Jason Baugh, Solid Waste Equipment Operator, Solid Waste 10/02/2017 Tanya Wilson, Service Dispatcher, Gas 10/16/2017 Page 2 City of Clearwater Pension Trustees Meeting Minutes January 16, 2018 Jason Bishop, Solid Waste Equipment Operator, Solid Waste 10/16/2017 Bernard Castillo, Police Officer, Police 10/16/2017 Anastasia Delgado, Police Officer, Police 10/16/2017 William Giannas, Police Officer, Police 10/16/2017 Michael Kontodiakos, Police Officer, Police 10/16/2017 David Kurinsky, Police Officer, Police 10/16/2017 Jessica Manganaro, Police Officer, Police 10/16/2017 Brandon Marchione, Police Officer, Police 10/16/2017 Zachary Senter, Police Officer, Police 10/16/2017 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 Angela Aldrich, Parks and Recreation, Sylvia Francis, Police Department and Jennifer Tudor, Library Department, to vest their pensions as provided by Section 2.419 of the Employees' Pension Plan. Angela Aldrich, Staff Assistant, Parks and Recreation Department, was employed by the City on October 29, 2007, and began participating in the Pension Plan on that date. Ms. Aldrich terminated from City employment on November 2, 2017. Sylvia Francis, Police Information Tech II, Police Department, was employed by the City on May 24, 1999, and began participating in the Pension Plan on that date. Ms. Francis terminated from City employment on October 27, 2017. Jennifer Tudor, Librarian II, Library Department, was employed by the City on April 18, 1994, and began participating in the Pension Plan on that date. Ms. Tudor terminated from City employment on October 6, 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 (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 Page 3 City of Clearwater Pension Trustees Meeting Minutes January 16, 2018 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. Aldrich will meet the non-hazardous duty criteria and begin collecting a pension in March 2025. Ms. Francis will meet the non-hazardous duty criteria and begin collecting a pension in July 2024. Ms. Tudor will meet the non-hazardous duty criteria and begin collecting a pension in February 2024. 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 Angela Aldrich, Parks and Recreation, Sylvia Francis, Police Department and Jennifer Tudor, Library 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 Michael Quillen, Engineering Department, and Timothy Sparrow, Fire Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. Michael Quillen, Engineering Director, Engineering Department, was employed by the City on November 18, 1991, 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 $114,051.90 over the past five years, the formula for computing regular pensions and Mr. Quillen's selection of the Joint and Survivor Annuity, this pension benefit will be approximately $81,590.64 annually. Timothy Sparrow, Fire Assistant Chief, Fire Department, was employed by the City on January 3, 2006, and his pension service credit is effective on that date. His pension will be effective January 1, 2018. Based on an average salary of approximately $87,458.87 over the past five years, the formula for computing regular pensions and Mr. Sparrow's selection of the Joint and Survivor Annuity, this pension benefit will be approximately $28,841.40 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 Page 4 City of Clearwater Pension Trustees Meeting Minutes January 16, 2018 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. Quillen has 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. Sparrow has met the hazardous duty criteria. Trustee Caudell moved to approve the following request of employees Michael Quillen, Engineering Department, and Timothy Sparrow, 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. 4.4 Approve the new hires for acceptance into the Pension Plan as listed. Name/Job Classification/De partmentPension Eligibility Date Jarred Sears, Beach Lifeguard, Parks and Recreation 10/14/2017 Marisa Cummins, Beach Lifeguard, Parks and Recreation 10/28/2017 Eugene Venter, Parks Service Technician I, Parks and Recreation 10/30/2017 Scott Hinves, Parks Service Technician I, Parks and Recreation 10/30/2017 William Walker II, Building Construction Inspector, Planning and Development 10/30/2017 Andrew Cistone, Police Communications Operator, Police 11/13/2017 Ashley Garcia, Police Communications Operator Trainee, Police 11/13/2017 Kelcey Horne, Police Communications Operator Trainee, Police 11/13/2017 Michele Shelby-Vann, Police Communications Operator Trainee, Police 11/13/2017 Chelsea Vohwinkle, Police Communications Operator Trainee, Police 11/13/2017 Gary Olson, Parks Service Technician I, Parks and Recreation 11/13/2017 Craig Mattila, Electro-Mechanical Technician, Public Utilities 11/13/2017 Richard Podolsky, Police Information Technician I, Police 11/13/2017 Kevin Goldin, Parks Service Technician I, Parks and Recreation 11/26/2017 Jessica Duffey, Legal Staff Assistant, Legal 11/27/2017 Leander Phillips, WasteWater Treatment Plant Oper. Trainee, Public Utilities 11/27/2017 Glenda Hamilton, WasteWater Treatment Plant Operator A, Public Utilities 11/27/2017 Caliste Catia, Solid Waste Worker, Solid Waste 11/27/2017 Page 5 City of Clearwater Pension Trustees Meeting Minutes January 16, 2018 Trustee Cundiff moved to approve the new hires for acceptance into the Pension Plan as listed. The motion was duly seconded and carried unanimously. 4.5 Approve the following request of employees John Margnelli, Police Department and Richard Rozzi III, Public Utilities Department, to vest their pensions as provided by Section 2.419 of the Employees' Pension Plan. John Margnelli, Police Officer, Police Department, was employed by the City on October 29, 2007, and began participating in the Pension Plan on that date. Mr. Margnelli terminated from City employment on November 22, 2017. Richard Rozzi III, Electro-Mechanical Tech, Public Utilities Department, was employed by the City on June 11, 2007, and began participating in the Pension Plan on that date. Mr. Rozzi III terminated from City employment on November 18, 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 (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. Rozzi III will meet the non-hazardous duty criteria and begin collecting a pension in July 2037. 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 Page 6 City of Clearwater Pension Trustees Meeting Minutes January 16, 2018 regardless of age, or the date on which the participant has reached fifty-five years and completed ten years of credited service. Mr. Margnelli will meet the hazardous duty criteria and begin collecting pension in November 2027. Trustee Hamilton moved to approve the following request of employees John Margnelli, Police Department and Richard Rozzi III, 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. 4.6 Recommend approval of the following request of employees Christopher Precious, Police Department and Wyatt Walker, Public Utilities Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. Christopher Precious, 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 December 1, 2017. Based on an average salary of approximately $76,628.61 over the past five years, the formula for computing regular pensions and Mr. Precious' selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $44,559.96 annually. Wyatt Walker, Wastewater Treatment Plant Operator A, Public Utilities Department, was employed by the City on November 19, 1990, and his pension service credit is effective on that date. His pension will be effective January 1, 2018. Based on an average salary of approximately $71,928.62 over the past five years, the formula for computing regular pensions and Mr. Walker's selection of the Life Annuity, this pension benefit will be approximately $53,588.28 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. Mr. Walker has met the non-hazardous duty criteria. Page 7 City of Clearwater Pension Trustees 5. Adjourn Meeting Minutes January 16, 2018 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. Precious has met the hazardous duty criteria. Trustee Jonson moved to recommend approval of the following request of employees Christopher Precious, Police Department and Wyatt Walker, Public Utilities 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. The meeting adjourned at 10:26 a.m. Attest F } A, /(tiadti14,0A-1,-; e City Clerk r ---' City of Clearwater —G(, eo rke_r\Cre lco; Chair Employees' Pension Plan Trustees Page 8