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07/16/2018 Pension Trustees Meeting Minutes July 16, 2018 City of Clearwater City Hall 112 S. Osceola Avenue Clearwater, FL 33756 m ap ® e Meeting Minutes Monday, July 16, 2018 1 :00 PM Council Chambers Pension Trustees Page 1 City of Clearwater Pension Trustees Meeting Minutes July 16, 2018 Roll Call Present 5 - Chair George N. Cretekos, Trustee Doreen Caudell, Bob Cundiff, Trustee Hoyt Hamilton, and Trustee David Allbritton 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 3:15 p.m. at City Hall. 2. Approval of Minutes Approve the minutes of the June 18, 2018 Pension Trustees Meeting as submitted in written summation by the City Clerk. Trustee Cundiff moved to approve the minutes of the June 18, 2018 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. Pension Name/Job Classification/Department Eligibility Date Alexandria Wells, Librarian I, Library 4/28/2018 Stephanie Catlyn, Librarian II, Library 4/28/2018 Brian Klinefelter, Stormwater Technician I, Engineering 4/30/2018 Page 2 City of Clearwater Pension Trustees Meeting Minutes July 16, 2018 Jorge Trinidad, Custodial Worker, Parks & Recreation 4/30/2018 Alvin Miller Jr., Parks Service Technician I, Parks & Recreation 4/30/2018 Max Villalobos, Building Inspector Technician, Planning & Development 4/30/2018 Emily Johnson, Graphics Designer, Public Communications 4/30/2018 Suzanne Judge, Police Communications Operator, Police 5/12/2018 Darold Cook, Police Officer, Police 5/14/2018 Stephany Maxwell, Police Officer, Police 5/14/2018 Kevin McCann, Police Officer, Police 5/14/2018 George Solakian Jr., Police Officer, Police 5/14/2018 Levi Brownell, Fleet Mechanic, General Services 5/14/2018 Robert Chiavaroli, Fleet Mechanic, General Services 5/14/2018 Crystal Mathews, Librarian II, Library 5/14/2018 Joseph Coley, Parks, Streets & Sidewalk Technician I, Parks & Recreation 5/14/2018 James Quist, Solid Waste Equipment Operator, Solid Waste 5/14/2018 Cedric Gaynor, Solid Waste Equipment Operator, Solid Waste 5/14/2018 Sean Ford, Parking, Facility&Security Aide, Engineering 5/14/2018 Keely Utterback, Recreation Leader, Parks and Recreation 5/26/2018 Steve Willis, Recreation Leader, Parks and Recreation 5/28/2018 Deborah Meek, Parking, Facility &Security Aide, Engineering 5/29/2018 Darryan Bryant, Water Distribution Operator Trainee, Public Utilities 5/29/2018 Travis Rackard, Water Distribution Operator Trainee, Public Utilities 5/29/2018 Caleb McElroy, Water Distribution Operator Trainee, Public Utilities 5/29/2018 Diera Simon, Water Distribution Operator Trainee, Public Utilities 5/29/2018 Troy Campbell, Solid Waste Equipment Operator, Solid Waste 5/29/2018 Dylan Castellano, Water Distribution Operator Trainee, Public Utilities 5/29/2018 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 employee Florence Reichert, Public Utilities Department to vest their pension as provided by Section 2.419 of the Employees' Pension Plan. Page 3 City of Clearwater Pension Trustees Meeting Minutes July 16, 2018 Florence Reichert, Storeskeeper, Public Utilities Department, was employed by the City on May 3, 1999, and began participating in the Pension Plan on June 7, 1999. Ms. Reichert terminated from City employment on April 13, 2018. 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. Ms. Reichert will meet the non-hazardous duty criteria and begin collecting a pension in August 2020. 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 Allbritton moved to approve the following request of employee Florence Reichert, Public Utilities Department to vest their pension 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 Lynn Davis, Police Department, Robert Orton, Planning and Development Department, Jean Peeke, Planning and Development Department, Margaret Plennert, Police Department and Gary Spence, Fire Department for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. Lynn Davis, Police Property Supervisor, 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 June 1, 2018. Based on an average salary of approximately $49,870.18 over the past five years, the formula for computing Page 4 City of Clearwater Pension Trustees Meeting Minutes July 16, 2018 regular pensions and Ms. Davis' selection of the 50% Joint and Survivor Annuity, this pension benefit will be approximately $39,526.20 annually. Robert Orton, Staff Assistant, Planning and Development Department, was employed by the City on April 29, 1996, and his pension service credit is effective on that date. His pension will be effective June 1, 2018. Based on an average salary of approximately $40,048.72 over the past five years, the formula for computing regular pensions and Mr. Orton's selection of the 100% Joint and Survivor Annuity with a 10% Partial Lump Sum, this pension benefit will be approximately $19,671.72 annually. Jean Peeke, Development Review Specialist, Planning and Development Department, was employed by the City on January 19, 1999, and her pension service credit is effective on that date. Her pension will be effective August 1, 2018. Based on an average salary of approximately $37,836.63 over the past five years, the formula for computing regular pensions and Ms. Peeke's selection of the 10 Year Certain and Life Annuity, this pension benefit will be approximately $19,418.04 annually. Margaret Plennert, Police Office Specialist, Police Department, was employed by the City on July 5, 1988, and her pension service credit is effective on that date. Her pension will be effective August 1, 2018. Based on an average salary of approximately $45,789.24 over the past five years, the formula for computing regular pensions and Ms. Plennert's selection of the Single Life Annuity, this pension benefit will be approximately $37,867.08 annually. Gary Spence, Fire Lieutenant, Fire Department, was employed by the City on May 26, 1998, and his pension service credit is effective on that date. His pension will be effective June 1, 2018. Based on an average salary of approximately $88,003.79 over the past five years, the formula for computing regular pensions and Mr. Spence's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $47,310.48 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. Davis, Mr. Orton, Ms. Peeke and Ms. Plennert 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 Page 5 City of Clearwater Pension Trustees 5. Director's Report — None. 6. Adjourn Attest 1itak i (41 Meeting Minutes July 16, 2018 The meeting adjourned at 3:18 p.m. City Clerk _& Q,orwl CrC \�f City of Clearwater Chair Employees' Pension Plan Trustees Page 6