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06/17/2019 Pension Trustees Meeting Minutes June 17, 2019 City of Clearwater Main Library- Council Chambers 100 N. Osceola Avenue Clearwater, FL 33755 m ap ® e Meeting Minutes Monday, June 17, 2019 9:00 AM Main Library - Council Chambers Pension Trustees Page 1 City of Clearwater Pension Trustees Meeting Minutes June 17, 2019 Roll Call Present 4 - Chair George N. Cretekos, Trustee Bob Cundiff, Trustee David Allbritton, and Trustee Jay Polglaze Absent 1 - Trustee Hoyt Hamilton Also Present—William B. Horne II — 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 Jennifer Poirrier— 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 9:08 a.m. in Council Chambers at the Main Library. 2. Approval of Minutes 2.1 Approve the minutes of the May 13, 2019 Pension Trustees meeting as submitted in written summation by the City Clerk. Trustee Allbritton moved to approve the minutes of the May 13, 2019 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/Department Pension Eligibility Date Christopher Shepard, Police Communication Operator, Police 04/15/2019 Adam Jordan, Parks Service Technician I, Parks&Recreation 04/01/2019 Michael Bale, Wastewater Treatment Plant Operator, Public Utilities 04/01/2019 Page 2 City of Clearwater Pension Trustees Meeting Minutes June 17, 2019 Jessica Caballero-Ashmeade, Gas Program Coordinator, Gas 04/15/2019 Christopher Chester, Parks Service Technician I, Parks& Recreation 04/15/2019 Colton Wetherington, Parks Service Technician I, Parks&Recreation 04/15/2019 Wayne Jones, Parks Service Technician III, Parks&Recreation 04/15/2019 Alfonsa Riley Jr., Water Distribution Operator Trainee, Public Utilities 04/15/2019 Kenneth Cotton, Solid Waste Worker, Solid Waste 04/15/2019 Bernard Wigfals, Solid Waste Worker, Solid Waste 04/15/2019 Shomari Gilbert, Solid Waste Worker, Solid Waste 04/15/2019 Kevin Richendollar, Solid Waste Worker, Solid Waste 04/13/2019 Trustee Polglaze 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 Bruce Griffin, Gas Department to vest their pension as provided by Section 2.419 of the Employees' Pension Plan. Bruce Griffin, Gas Engineering & Planning Manager, Gas Department, was employed by the City on December 4, 1995, and began participating in the Pension Plan on September 9, 2005. Mr. Griffin terminated from City employment on March 30, 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 (60) 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. Griffin will meet the non-hazardous duty criteria and begin collecting a pension in May 2020. Page 3 City of Clearwater Pension Trustees Meeting Minutes June 17, 2019 Trustee Cundiff moved to approve the following request of employee Bruce Griffin, Gas 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 Donald Greene, Public Utilities Department, Judith Kolmer, Engineering Department, Mary Repp, Parks and Recreation Department, Thomas Tague, Police Department and Dragoljub Vitkovic, Solid Waste General Services Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. Donald Greene, Wastewater Treatment Plant Operator A, Public Utilities Department, was employed by the City on February 22, 1990, and his pension service credit is effective on June 4, 1990. His pension will be effective May 1, 2019. Based on an average salary of approximately $62,913.41 over the past five years, the formula for computing regular pensions and Mr. Greene's selection of the Life Annuity, this pension benefit will be approximately $49,990.92 annually. Judith Kolmer, Customer Service Representative, Engineering Department, was employed by the City on April 4, 2005, and her pension service credit is effective on October 15, 2007. Her pension will be effective June 1, 2019. Based on an average salary of approximately $34,102.04 over the past five years, the formula for computing regular pensions and Ms. Kolmer's selection of the Life Annuity, this pension benefit will be approximately $8,711.16 annually. Mary Repp, Recreation Leader II, Parks and Recreation Department, was employed by the City on February 18, 1997, and her pension service credit is effective on July 17, 2000. Her pension will be effective May 1, 2019. Based on an average salary of approximately $33,402.25 over the past five years, the formula for computing regular pensions and Ms. Repp's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $15,285.84 annually. Thomas Tague, Police Officer, Police Department, was employed by the City on October 7, 1991, and his pension service credit is effective on that date. His pension will be effective May 1, 2019. Based on an average salary of approximately $85,527.61 over the past five years, the formula for computing regular pensions and Mr. Tague's selection of the 100% Joint and Survivor Annuity with a 30% partial lump sum, this pension benefit will be approximately $43,944.36 annually. Dragoljub Vitkovic, Fleet Mechanic, Solid Waste General Services Department, Page 4 City of Clearwater Pension Trustees Meeting Minutes June 17, 2019 was employed by the City on November 24, 2008, and his pension service credit is effective on that date. His pension will be effective June 1, 2019. Based on an average salary of approximately $42,288.01 over the past five years, the formula for computing regular pensions and Mr. Vitkovic's selection of the Life Annuity, this pension benefit will be approximately $12,233.28 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. Greene, Ms. Kolmer, Ms. Repp and Mr. Vitkovic 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 regardless of age, or the date on which the participant has reached fifty-five years and completed ten years of credited service. Mr. Tague has met the hazardous duty criteria. Trustee Allbritton moved to approve the following request of employees Donald Greene, Public Utilities Department, Judith Kolmer, Engineering Department, Mary Repp, Parks and Recreation Department, Thomas Tague, Police Department and Dragoljub Vitkovic, Solid Waste General Services 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. Page 5 City of Clearwater Pension Trustees 5. Director's Report - None. 6. Adjourn Attest City Clerk Meeting Minutes The meeting adjourned at 9:10 a.m. -Geo' LV'\cr. t.\,ktof June 17, 2019 City of Clearwater Chair Employees' Pension Plan Trustees Page 6