12/13/2018 Pension Advisory Committee Meeting Minutes December 13, 2018
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
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Meeting Minutes
Thursday, December 13, 2018
9:00 AM
Council Chambers - City Hall
Pension Advisory Committee
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City of Clearwater
Pension Advisory Committee Meeting Minutes December 13, 2018
Roll Call
Present 6 - Chair Nathan Hightower, Vice Chair Tom Jensen, Committee Member
Greg Newland, Committee Member George Cretekos, Committee
Member Hoyt Hamilton, and Committee Member Bob Cundiff
Also Present - Joe Roseto — Human Resources Director, Nicole Sprague — Official
Records & Legislative Services Coordinator
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 November 8, 2018 Pension Advisory Committee meeting as
submitted in written summation.
Member Cundiff moved to approve minutes of November 8, 2018
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
Cory Ewing, Parking Assistant, Engineering 10/27/2018
Aleah Hoggatt, Personnel/Payroll Technician, Parks and Recreation 10/29/2018
Nikomi Thompson, Police Communications Operator Trainee, Police 10/29/2018
Ashley Webb, Police Communications Operator Trainee, Police 10/29/2018
Victoria Magee, Police Communications Operator Trainee, Police 10/29/2018
Jonathan Mullen, Recreation Leader, Parks and Recreation 11/10/2018
Kristina Simi, System Analyst, Customer Service 11/13/2018
Kaylynn Price, Engineering Specialist I, Engineering 11/13/2018
Hector Hernandez, Engineering Specialist I, Engineering 11/13/2018
Corissa Stevenson, Parking Enforcement Specialist, Engineering 11/13/2018
Brian Devlin, Parking Enforcement Specialist, Engineering 11/13/2018
Caley Conard, Accounting Technician, Public Utilities 11/13/2018
James Atkisson, Parking Enforcement Specialist, Engineering 11/26/2018
Alexandra Chandler, Public Information Specialist, Public Communications 11/26/2018
Kerri Ackerman, Accounting Technician, Finance 11/26/2018
Courtney Beasley, Police Office Specialist, Police 11/26/2018
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City of Clearwater
Pension Advisory Committee Meeting Minutes December 13, 2018
Sheri Cullen, Police Information Technician I, Police 11/26/2018
Anthony Humphries, Service Dispatcher, Gas 11/26/2018
Miguel Valle Sanchez, Recreation Prog. Support Tech, Parks & Recreation 11/26/2018
Member Hamilton 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 employees Brian Craig, Police
Department and Diane Devol, Planning and Development Department, to vest their
pensions as provided by Section 2.419 of the Employees' Pension Plan.
Brian Craig, Police Programming Specialist, Police Department, was
employed by the City on May 17, 1999, and began participating in the
Pension Plan on September 23, 2000. Mr. Craig terminated from City
employment on October 11, 2018.
Diane Devol, Code Enforcement Inspector, Planning and Development
Department, was employed by the City on October 1, 2007, and began
participating in the Pension Plan on that date. Ms. Devol terminated from
City employment on November 3, 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
(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. Craig will meet the
non-hazardous duty criteria and begin collecting a pension in October 2030.
Ms. Devol will meet the non-hazardous duty criteria and begin collecting a
pension in October 2027.
Member Jensen moved to recommend approval of the following
request of employees Brian Craig, Police Department and Diane
Devol, Planning and Development Department, to vest their
pensions as provided by Section 2.419 of the Employees' Pension
Plan. The motion was duly seconded and carried unanimously.
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City of Clearwater
Pension Advisory Committee Meeting Minutes December 13, 2018
4.3 Recommend approval of the following request of employees Karen Cunkle, City Auditor
Department, and Brett Faulk, Police Department, for a regular pension as provided by
Sections 2.416 and 2.424 of the Employees' Pension Plan.
Karen Cunkle, Senior Auditor, City Auditor Department, was employed
by the City on March 20, 1995, and her pension service credit is effective on
that date. Her pension will be effective December 1, 2018. Based on an
average salary of approximately $65,471.14 over the past five years, the
formula for computing regular pensions and Ms. Cunkle's selection of the
Single Life Annuity, this pension benefit will be approximately $42,645.84
annually.
Brett Faulk, Police Officer, Police Department, was employed by the City
on May 27, 1997, and his pension service credit is effective on July 20,
1998. His pension will be effective December 1, 2018. Based on an average
salary of approximately $82,214.88 over the past five years, the formula for
computing regular pensions and Mr. Faulk's selection of the 100% Joint and
Survivor Annuity, this pension benefit will be approximately $45,458.64
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. Ms. Cunkle 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 (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. Faulk has met the hazardous duty criteria.
Member Newland moved to recommend approval of the following
request of employees Karen Cunkle, City Auditor Department, and
Brett Faulk, Police 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: None.
6. Director's Report
Human Resources Director Joe Roseto questioned if there was PAC
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City of Clearwater
Pension Advisory Committee
Meeting Minutes December 13, 2018
Human Resources Director Joe Roseto questioned if there was PAC
(Pension Advisory Committee) interest in renewing the City's
membership in the FPPTA (Florida Public Pension Trustees
Association); dues were $600 /annually.
Discussion ensued with comments that association conferences were
worthwhile to attend and provided members a significant amount of
helpful information re pensions and disabilities.
Member Newland moved to renew the City's FPPTA membership.
The motion was duly seconded and carried unanimously.
Mr. Roseto said today was Vice Chair Jensen's last meeting.
Mr. Roseto said he was retiring in January.
Mr. Roseto thanked Chair Hightower, Vice Chair Jensen, and Committee
Members for their service.
7. Board Members to be Heard
Members thanked Mr. Roseto for his service to the City and Pension
Plan, Vice Chair Jensen for his thoughtful and fair decisions .and his
many years on the PAC and sent both best wishes.
Member Jensen said he had tried to be fair when considering disability
cases. He said strengthening the rules was important and may need to
start at the State level. He said Committee responsibilities as fiduciaries
and providing oversight to the Pension Plan could not be overstated.
8. Adjourn
Committee members wished all Happy Holidays.
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The meeting adjourned at 9:10 a.m.
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City of Clearwater
Chair
Pension Advisory Committee