02/19/2019Tuesday, February 19, 2019
9:00 AM
City of Clearwater
Main Library - Council Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
Council Chambers - Main Library
Pension Trustees
Meeting Agenda
February 19, 2019Pension Trustees Meeting Agenda
1. Call To Order
2. Approval of Minutes
2.1 Approve the January 14, 2019 Pension Trustees Meeting Minutes as submitted
in written summation by the City Clerk
3. Citizens to be Heard Regarding Items Not on the Agenda
4. New Business Items
4.1 Approve the new hires for acceptance into the Pension Plan as listed.
4.2 Approve the following request of employees William Andrews, Public Utilities
Department and Robert Morig Jr, Gas Department, to vest their pensions as
provided by Section 2.419 of the Employees’ Pension Plan.
4.3 Approve the following request of employees Lewis Anderson, Parks and
Recreation Department, Keith Downs, Gas Department, Vern Erickson, Public
Utilities Department, Sandra Harriger, City Manager Department, Patricia
Howard, Library Department, Diane Hufford, Economic Development and
Housing Department, Phillip Hughes, Solid Waste General Services
Department and Charmatee Rodrigues, Public Utilities Department, for a
regular pension as provided by Sections 2.416 and 2.424 of the Employees’
Pension Plan.
5. Director's Report
6. Adjourn
Page 2 City of Clearwater Printed on 2/15/2019
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#19-5600
Agenda Date: 2/19/2019 Status: Agenda ReadyVersion: 1
File Type: MinutesIn Control: Pension Trustees
Agenda Number: 2.1
SUBJECT/RECOMMENDATION:
Approve the January 14, 2019 Pension Trustees Meeting Minutes as submitted in written
summation by the City Clerk
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 2/15/2019
Pension Trustees Meeting Minutes January 14, 2019
Page 1
City of Clearwater
City of Clearwater
Main Library - Council Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
Meeting Minutes
Monday, January 14, 2019
9:00 AM
Council Chambers - Main Library
Pension Trustees
Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 2
City of Clearwater
Roll Call
Present 5 - Chair George N. Cretekos, Trustee Bob Cundiff, Trustee Hoyt
Hamilton, Trustee David Allbritton, and Trustee Jay Polglaze
Also Present – William B. Horne – 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.
Unapproved
1. Call to Order – Chair Cretekos
The meeting was called to order at 9:08 a.m. at the Main Library Council
Chambers. 2. Approval of Minutes
2.1 Approve the November 13, 2018 Pension Trustees Meeting Minutes as submitted in
written summation by the City Clerk.
Trustee Hamilton moved to approve the November 13, 2018
Pension Trustees Meeting Minutes 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 Accept the actuary’s recommendations for changes to plan actuarial assumptions and
methods, as amended for phase-in of change in net investment return assumption to
6.50%, per the Experience Investigation completed by Gabriel Roeder Smith and
Company for the five-year period ending December 31, 2017.
The Plan’s actuaries, Gabriel Roeder Smith & Company (GRS), have
completed an Experience Investigation study for the pension plan and have
provided recommendations of changes to the assumptions and methods used
in the plan’s annual actuarial valuation. Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 3
City of Clearwater
The pension plan ordinance requires a study of the actuarial assumptions every
six years. The ordinance further states (Section 2.413 (i)), “Taking into account
the result of such investigation, the trustees shall adopt for the retirement plan
such mortality, service and other tables as are necessary and proper.” It has
been six years since completion of the last experience study for the Clearwater
Employees’ Pension Plan, with changes adopted by the Trustees in December
2012.
The impact of the proposed changes in assumptions is highly dependent on the
funded ratio as of the valuation date of implementation, as there is no unfunded
liability amortization payment if the funded ratio remains above 100% (the
required contribution impact is equal to the change in the normal cost only).
Once the funded ratio falls below 100%, the cost impact of the proposed
changes is significantly higher because there is an unfunded liability
amortization payment in addition to the change in the normal cost. Assuming
no changes in the funded ratio as of January 1, 2018, which was 104.47%, the
net effect of all staff-recommended changes would be an increase in the annual
required contribution to the plan of $1,138,770. Again, assuming no change in
the baseline funded ratio (104.47%), the increase in the contribution
requirement for the next three years thereafter would be approximately $0.45
million, $1.0 million, and then $0.65 million, respectively. Any change in the
baseline funded ratio from 104.47% would change these cost impact estimates
significantly.
The recommended changes include changes to the salary increase
assumption, assumed rates of future retirements, assumed rates of future
separation from employment, assumed rates of future disability, assumed
probability of married at retirement, and a change in the investment return
assumption phase-in over a four-year period.
Staff recommends approval of all recommended changes to more accurately
determine the pension plan liability and required funding levels, per the
professional advice of the plan’s actuaries.
Actuary Pete Strong reviewed the report and findings.
In response to questions, Mr. Strong said if employees work longer and
retire later than expected, pensioners will receive fewer cost of living
adjustments because the years they would expect to draw a pension would
be shorter. Finance Director Jay Ravins said the City's pension plan includes
a 5-year smoothing average. Mr. Strong said past market gains are being
smoothed in and will offset 2018's negative gains. Mr. Ravins said the
general fund will take a $3 million hit which will be phased over four years. Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 4
City of Clearwater
The City's pension plan is fully funded. Any enhanced benefit changes would
change plan assumptions and negatively impact the budget. Mr. Strong said
the City has a large credit balance of approximately $25 million that can
be used to offset contribution increases. If the compensation study
determines salaries must increase, it would cause an experience loss in
one year but the impact would be smoothed out.
Trustee Cundiff moved to accept the actuary’s recommendations
for changes to plan actuarial assumptions and methods, as
amended for phase-in of change in net investment return
assumption to 6.50%, per the Experience Investigation completed
by Gabriel Roeder Smith and Company for the five-year period
ending December 31, 2017. The motion was duly seconded and
carried unanimously.
4.2 Approve the new hires for acceptance into the Pension Plan as listed.
Name/Job Classification/Department Pension Eligibility Date
Aline Watson, Library Assistant, Library 09/29/2018
Michael Cammarata, Fire Medic, Fire 10/01/2018
Michael Shuster, Fire Medic, Fire 10/01/2018
Timothy Titus, Fire Medic, Fire 10/01/2018
Jacob Williams, Fire Medic, Fire 10/01/2018
Curtis Fivecoat, Fire Medic, Fire 10/01/2018
Shawn Markussen, Fire Medic, Fire 10/01/2018
Raymond Pang, Fire Medic, Fire 10/01/2018
Matthew Kristof, Field Service Representative I, Customer Service 10/01/2018
Gail Shaloy, Senior Accountant, Finance 10/01/2018
Ottoniel Ojeda, Engineering Technician, Gas 10/01/2018
Keon Burden, Aquatic Programmer, Parks and Recreation 10/01/2018
George Hages, Water Distribution Operator Trainee, Public Utilities 10/01/2018
Nathan Hamel, Wastewater Treatment Plant Operator Trainee, Public Utilities 10/01/2018
Jhon Morera Sarrazola, Solid Waste Worker, Solid Waste 10/01/2018
Amy Dodson, Aquatic Programmer, Parks and Recreation 10/01/2018
Kevin Moran, Heavy Equip. Operator, Parks and Recreation 10/01/2018
Hoseazell Durant, Parks Service Technician I, Parks and Recreation 10/01/2018
Robert Jefferson, Parks Service Technician I, Parks and Recreation 10/01/2018
Marcia Terry, Recreation Leader, Parks and Recreation 10/01/2018
Orlando Rivas, Water Distribution Operator, Public Utilities 10/01/2018
Richard Foster, Stormwater Technician I, Engineering 10/15/2018
Justin Wilson, Stormwater Technician I, Engineering 10/15/2018
Diane Burge, Senior Accountant, Finance 10/15/2018
Valerie Gillespie, Customer Service Representative, Gas 10/15/2018 Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 5
City of Clearwater
Holden Hamm, Recreation Supervisor I, Parks and Recreation 10/15/2018
Diego Guevara Casallas, Senior Planner, Planning and Development 10/15/2018
Michelle McCarthy, Accounting Technician, Public Utilities 10/15/2018
Ricky Palmer, Solid Waste Equipment Operator, Solid Waste 10/15/2018
Brian Tobin, Parks Service Technician III, Parks and Recreation 10/15/2018
Trustee Allbritton moved to approve the new hires for acceptance
into the Pension Plan as listed. The motion was duly seconded
and carried unanimously.
4.3 Approve the following request of employee Wendy Aspinwall, Fire Department, to vest
their pension as provided by Section 2.419 of the Employees’ Pension Plan.
Wendy Aspinwall, Firefighter/Driver-Operator, Fire Department, was employed
by the City on March 19, 2007, and began participating in the Pension Plan on
that date. Ms. Aspinwall terminated from city employment on October 24, 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 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. Ms. Aspinwall will meet the
hazardous duty criteria and begin collecting pension in April 2027.
Trustee Polglaze moved to approve the following request of
employee Wendy Aspinwall, Fire Department, to vest their
pension as provided by Section 2.419 of the Employees’ Pension
Plan. The motion was duly seconded and carried unanimously.
4.4 Approve the following request of employee William New, Public Utilities Department, for a
regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension
Plan.
Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 6
City of Clearwater
William New, Wastewater Treatment Plant Operator A, Public Utilities
Department, was employed by the City on April 18, 1988, and his pension
service credit is effective on that date. His pension will be effective January 1,
2019. Based on an average salary of approximately $70,396.97 over the past
five years, the formula for computing regular pensions and Mr. New’s selection
of the 100% Joint and Survivor Annuity, this pension benefit will be
approximately $58,518.24 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. New has met the non-hazardous duty criteria.
Trustee Cundiff moved to approve the following request of
employee William New, 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.
4.5 Approve 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 Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 7
City of Clearwater
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
Sheri Cullen, Police Information Technician I, Police 11/26/2018
Anthony Humphries, Service Dispatcher, Gas 11/26/2018
Miguel Valle Sanchez, Rec. Program Support Tech., Parks and Recreation 11/26/2018
Trustee Hamilton moved to approve the new hires for acceptance
into the Pension Plan as listed. The motion was duly seconded
and carried unanimously.
4.6 Approve 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 (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 Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 8
City of Clearwater
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. 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.
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
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.
4.7 Approve 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 (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 Draft
Pension Trustees Meeting Minutes January 14, 2019
Page 9
City of Clearwater
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. 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 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. Faulk has met the
hazardous duty criteria.
Trustee Cundiff moved to approve 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. Director's Report – None. 6. Adjourn
The meeting adjourned at 9:33 a.m.
Chair
Employees’ Pension Plan Trustees
Attest
City Clerk Draft
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#18-5537
Agenda Date: 2/19/2019 Status: Agenda ReadyVersion: 2
File Type: Action ItemIn Control: Pension Trustees
Agenda Number: 4.1
SUBJECT/RECOMMENDATION:
Approve the new hires for acceptance into the Pension Plan as listed.
SUMMARY:
Name/Job Classification/Department Pension Eligibility Date
Scott Mattis,Beach Lifeguard,Parks and Recreation 12/08/2018
Dakota Ornduff, Solid Waste Worker, Solid Waste 12/10/2018
Breon Wilkins, Solid Waste Worker, Solid Waste 12/10/2018
Patricia DeMilo, Accounting Technician, Parks and Recreation 12/10/2018
Michael Conti, Customer Service Representative, Customer Service 12/10/2018
Arthur Goldberg Ayala, Utilities Chemist, Public Utilities 12/10/2018
Terence Jamison, Solid Waste Worker, Solid Waste 12/10/2018
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 2/15/2019
Interoffice Correspondence Sheet
TO: Pension Advisory Committee
FROM: Joseph Roseto, Human Resources Director
SUBJECT: Recommendation for Acceptance into Pension Plan
DATE:
Subject/Recommendation: Recommend approval of the new hires for acceptance into the Pension Plan as listed.
Name Job Classification Department Pension
Eligibility Date
Scott Mattis Beach Lifeguard Parks and Recreation 12/08/2018
Dakota Ornduff Solid Waste Worker Solid Waste 12/10/2018
Breon Wilkins Solid Waste Worker Solid Waste 12/10/2018
Patricia DeMilo Accounting Technician Parks and Recreation 12/10/2018
Michael Conti Customer Service Representative Customer Service 12/10/2018
Arthur Goldberg Ayala Utilities Chemist Public Utilities 12/10/2018
Terence Jamison Solid Waste Worker Solid Waste 12/10/2018
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#18-5538
Agenda Date: 2/19/2019 Status: Agenda ReadyVersion: 2
File Type: Action ItemIn Control: Pension Trustees
Agenda Number: 4.2
SUBJECT/RECOMMENDATION:
Approve the following request of employees William Andrews, Public Utilities Department and
Robert Morig Jr, Gas Department, to vest their pensions as provided by Section 2.419 of the
Employees’ Pension Plan.
SUMMARY:
William Andrews, Electro-Mechanical Tech, Public Utilities Department, was employed by the
City on February 7, 2006, and began participating in the Pension Plan on that date. Mr.
Andrews terminated from City employment on December 4, 2018.
Robert Morig Jr, Gas Operations Manager, Gas Department, was employed by the City on
October 13, 2008, and began participating in the Pension Plan on that date. Mr. Morig will
terminate from City employment on January 5, 2019.
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. Andrews will meet the non-hazardous duty criteria and begin collecting a pension in March
2024. Mr. Morig will meet the non-hazardous duty criteria and begin collecting a pension in
November 2038.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 2/15/2019
File Number: ID#18-5538
N/A
Page 2 City of Clearwater Printed on 2/15/2019
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#18-5539
Agenda Date: 2/19/2019 Status: Agenda ReadyVersion: 2
File Type: Action ItemIn Control: Pension Trustees
Agenda Number: 4.3
SUBJECT/RECOMMENDATION:
Approve the following request of employees Lewis Anderson, Parks and Recreation
Department, Keith Downs, Gas Department, Vern Erickson, Public Utilities Department,
Sandra Harriger, City Manager Department, Patricia Howard, Library Department, Diane
Hufford, Economic Development and Housing Department, Phillip Hughes, Solid Waste
General Services Department and Charmatee Rodrigues, Public Utilities Department, for a
regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan.
SUMMARY:
Lewis Anderson, Parks Service Technician II, Parks and Recreation Department, was
employed by the City on June 16, 2003, and his pension service credit is effective on that date.
His pension will be effective January 1, 2019. Based on an average salary of approximately
$31,315.49 over the past five years, the formula for computing regular pensions and Mr .
Anderson’s selection of the Life Annuity, this pension benefit will be approximately $13,348.20
annually.
Keith Downs, Gas Program Coordinator, Gas Department, was employed by the City on
February 20, 1998, and his pension service credit is effective on that date. His pension will be
effective February 1, 2019. Based on an average salary of approximately $79,111.58 over the
past five years, the formula for computing regular pensions and Mr. Downs’ selection of the Life
Annuity, this pension benefit will be approximately $45,680.88 annually.
Vern Erickson, Water Plant Operator A, Public Utilities Department, was employed by the City
on March 7, 2005, and his pension service credit is effective on that date. His pension will be
effective April 1, 2019. Based on an average salary of approximately $44,978.91 over the past
five years, the formula for computing regular pensions and Mr. Erickson’s selection of the Life
Annuity, this pension benefit will be approximately $17,323.80 annually.
Sandra Harriger, Assistant to City Manager, City Manager Department, was employed by the
City on January 4, 1999, and her pension service credit is effective on that date. Her pension
will be effective February 1, 2019. Based on an average salary of approximately $66,915.00
over the past five years, the formula for computing regular pensions and Ms. Harriger’s
selection of the Life Annuity, this pension benefit will be approximately $36,941.28 annually.
Patricia Howard, Librarian I, Library Department, was employed by the City on June 6, 1997,
and her pension service credit is effective on November 17, 2003. Her pension will be effective
February 1, 2019. Based on an average salary of approximately $41,616.02 over the past five
years, the formula for computing regular pensions and Ms. Howard’s selection of the 50% Joint
and Survivor Annuity, this pension benefit will be approximately $15,989.40 annually.
Page 1 City of Clearwater Printed on 2/15/2019
File Number: ID#18-5539
Diane Hufford, Economic Development Coordinator, Economic Development and Housing
Department, was employed by the City on January 23, 1995, and her pension service credit is
effective on that date. Her pension will be effective January 1, 2019. Based on an average
salary of approximately $75,985.61 over the past five years, the formula for computing regular
pensions and Ms. Hufford’s selection of the 50% Joint and Survivor Annuity, this pension benefit
will be approximately $33,630.00 annually.
Phillip Hughes, Fleet Mechanic Supervisor, Solid Waste General Services Department, was
employed by the City on October 19, 1992, and his pension service credit is effective on that
date. His pension will be effective February 1, 2019. Based on an average salary of
approximately $63,829.58 over the past five years, the formula for computing regular pensions
and Mr. Hughes’ selection of the 100% Joint and Survivor Annuity, this pension benefit will be
approximately $41,808.60 annually.
Charmatee Rodrigues, Utilities Chemist, Public Utilities Department, was employed by the City
on October 16, 2006, and her pension service credit is effective on that date. Her pension will
be effective February 1, 2019. Based on an average salary of approximately $43,170.40 over
the past five years, the formula for computing regular pensions and Ms. Rodrigues’ selection of
the 100% Joint and Survivor Annuity, this pension benefit will be approximately $12,111.16
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. Anderson, Mr. Downs, Mr. Erickson, Ms. Harriger, Ms. Howard, Ms. Hufford, Mr. Hughes
and Ms. Rodrigues have met the non-hazardous duty criteria.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 2/15/2019