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09/16/2019 Pension Trustees Meeting Minutes September 16, 2019 City of Clearwater Main Library - Council Chambers 100 N. Osceola Avenue Clearwater, FL 33755 Meeting Minutes Monday, September 16, 2019 9:00 AM Main Library - Council Chambers Pension Trustees Page 1 City of Clearwater Pension Trustees Meeting Minutes September 16, 2019 Roll Call Present 5 - Chair George N. Cretekos, Trustee Bob Cundiff, Trustee Hoyt Hamilton, Trustee David Allbritton, and Trustee Jay Polglaze (Arrived – 9:03 a.m.) 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 9:01 a.m. in Council Chambers at the Main Library. 2. Approval of Minutes 2.1 Approve the minutes of the August 12, 2019 Pension Trustees Meeting as submitted in written summation by the City Clerk. Trustee Cundiff moved to approve the minutes of the August 12, 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 Terrell Brown Jr., Field Service Representative, Customer Service 07/08/2019 Christopher Katona, Air Conditioning Technician, General Services07/08/2019 Dora Monterroza, Custodial Worker, Parks & Recreation 07/08/2019 Page 2 City of Clearwater Pension Trustees Meeting Minutes September 16, 2019 Savannah Bass, Police Information Technician I, Police 07/08/2019 Keron Johnson, Water Distribution Operator Trainee, Public Utilities 07/08/2019 Danny Pate II, Public Utilities Technician I , Public Utilities 07/08/2019 Omar Hill, Parks Service Technician I, Parks & Recreation 07/22/2019 Brennan Milnes, Water Distribution Operator Trainee, Public Utilities 07/22/2019 Derek Griego, Water Distribution Operator Trainee, Public Utilities 07/22/2019 Ricardo Smith, Water Distribution Operator Trainee, Public Utilities 07/22/2019 Rodney Sheridan, Utilities Mechanic, Public Utilities 07/22/2019 Courtney Dosch, Storeskeeper, Fire 07/22/2019 Brian Palmese, Fleet Mechanic, General Services 07/22/2019 Thomas Whittaker, Fleet Mechanic, General Services 07/22/2019 Terry Winthrop, Tradesworker, Marine & Aviation 07/22/2019 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 Daniel Devol, Police Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan. Daniel Devol, Police Sergeant, Police Department, was employed by the City on October 17, 1994, and his pension service credit is effective on that date. His pension will be effective September 1, 2019. Based on an average salary of approximately $91,102.48 over the past five years, the formula for computing regular pensions and Mr. Devol’s selection of the 10 Year Certain and Life Annuity with a 20% partial lump sum, this pension benefit will be approximately $53,548.68 annually. 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. Devol has met the hazardous duty criteria. Trustee Allbritton moved to approve the following request of employee Daniel Devol, 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. Page 3 City of Clearwater Pension Trustees 5. Director's Report — None. 6. Adjourn Meeting Minutes September 16, 2019 The meeting adjourned at 9:03 a.m. City of Clearwater _cte,9(ic nrMws Chair Employees' Pension Plan Trustees Page 4