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08/12/2019 Pension Trustees Meeting Minutes August 12, 2019 City of Clearwater Main Library - Council Chambers 100 N. Osceola Avenue Clearwater, FL 33755 Meeting Minutes Monday, August 12, 2019 9:00 AM Main Library - Council Chambers Pension Trustees Page 1 City of Clearwater Pension Trustees Meeting Minutes August 12, 2019 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 II – City Manager, Micah Maxwell – Assistant City Manager, Michael Delk – 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 9:13 a.m. in Council Chambers at the Main Library. 2. Approval of Minutes 2.1 Approve the July 15, 2019 Pension Trustees Meeting Minutes as submitted in written summation by the City Clerk. Trustee Cundiff moved to approve the July 15, 2019 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 Approve the new hires for acceptance into the Pension Plan as listed. Name/Job Classification/Department Pension Eligibility Date Elwood Caldwell, Water Distribution Operator Trainee, Public Utilities 06/08/2019 Stevenson Taylor Jr., Parks Service Technician I, Parks & Recreation 06/10/2019 Wayne LaFleur, Electronics Technician, Public Utilities 06/10/2019 Page 2 City of Clearwater Pension Trustees Meeting Minutes August 12, 2019 Lester McVicker, Solid Waste Equipment Operator, Solid Waste 06/10/2019 Rafael Orozco, Parks Service Technician I, Parks & Recreation 06/10/2019 SaMarre Perez, Police Cadet, Police 06/24/2019 Ana Lauzon, Customer Service Representative, Customer Service 06/24/2019 Steven Trachtenberg, Police Communications Operator Trainee, 06/24/2019 Police Karmyn Watson, Solid Waste Worker, Solid Waste 06/24/2019 Philip Evans, Water Distribution Operator Trainee, Public Utilities 06/24/2019 Nicole Hernandez, Senior Accountant, Parks & Recreation 06/24/2019 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 Diane Luniewski, Police Department to vest their pension as provided by Section 2.419 of the Employees’ Pension Plan. Diane Luniewski, Police Communication Operator, Police Department, was employed by the City on March 1, 1999, and began participating in the Pension Plan on October 7, 2000. Ms. Luniewski terminated from City employment on January 19, 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. Ms. Luniewki will meet the non-hazardous duty criteria and begin collecting a Page 3 City of Clearwater Pension Trustees Meeting Minutes August 12, 2019 pension in January 2030. Trustee Allbritton moved to approve the following request of employee Diane Luniewski, Police 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 Anne Fogarty France, Administration Department, Robert Jones, Parks and Recreation Department and Dennis Keegan, Parks and Recreation Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan. Anne Fogarty France, Downtown Manager, Administration Department, was employed by the City on October 16, 1995, and her pension service credit is effective on that date. Her pension will be effective January 1, 2020. Based on an average salary of approximately $77,176.61 over the past five years, the formula for computing regular pensions and Ms. Fogarty France’s selection of the 10 Year Certain and Life Annuity, this pension benefit will be approximately $49,959.00 annually. Robert Jones, Parks Service Tech III, Parks and Recreation Department, was employed by the City on December 22, 1997, and his pension service credit is effective on that date. His pension will be effective July 1, 2019. Based on an average salary of approximately $37,150.86 over the past five years, the formula for computing regular pensions and Mr. Jones’ selection of the 10 Year Certain and Life Annuity, this pension benefit will be approximately $21,004.92 annually. Dennis Keegan, Parks Service Tech II, Parks and Recreation Department, was employed by the City on February 2, 1981, and his pension service credit is effective on that date. His pension will be effective July 1, 2019. Based on an average salary of approximately $43,668.79 over the past five years, the formula for computing regular pensions and Mr. Keegan’s selection of the Joint and Survivor Annuity, this pension benefit will be approximately $43,668.84 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 Page 4 City of Clearwater Pension Trustees Meeting Minutes August 12, 2019 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. Fogarty France, Mr. Jones and Mr. Keegan have met the non -hazardous duty criteria. Trustee Polglaze moved to approve the following request of employees Anne Fogarty France, Administration Department, Robert Jones, Parks and Recreation Department and Dennis Keegan, Parks and Recreation 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 9:15 a.m. cceottf\erEWws Chair Attest Employees' Pension Plan Trustees City Clerk Page 5 City of Clearwater