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02/16/2021 Pension Trustees Meeting Minutes February 16, 2021 City of Clearwater Main Library- Council Chambers 100 N. Osceola Avenue Clearwater, FL 33755 m Meeting Minutes Tuesday, February 16, 2021 9:00 AM Main Library - Council Chambers Pension Trustees Page 1 City of Clearwater Pension Trustees Meeting Minutes February 16, 2021 Roll Call Present 5 - Chair Frank Hibbard, Trustee David Allbritton, Trustee Hoyt Hamilton, Trustee Kathleen Beckman, and Trustee Mark Bunker 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 Hibbard The meeting was called to order at 9:54 a.m. 2. Approval of Minutes 2.1 Approve the December 14, 2020 Pension Trustees Meeting Minutes as submitted in written summation by the City Clerk. Trustee Hamilton moved to approve the December 14, 2020 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 Joel McGraw, Accounting Technician, Engineering 11/09/2020 Cinthya Taveras-Peguero, Police Records Specialist, Police 11/09/2020 Marcus Blackwell, Solid Waste Worker, Solid Waste 11/09/2020 Dustin Andricks, Wastewater Treatment Plant Oper. A, Public Utilities 11/09/2020 Timothy Bowden, Fleet Mechanic, General Services 11/23/2020 Michael Krukemeier, Lead Parks Service Tech., Parks and Recreation 11/23/2020 William Mock, Wastewater Treatment Plant Oper. Trainee, Public Utilities 11/23/2020 Jillian Sparks, Aquatics Coordinator, Parks and Recreation 11/23/2020 Page 2 City of Clearwater Pension Trustees Meeting Minutes February 16, 2021 Hannah Anhalt, Police Cadet, Police 11/23/2020 Matthew Simpson, Fire Apparatus Mechanic, Fire 12/07/2020 Martelle Jones, Parks Service Technician, Parks and Recreation 12/21/2020 Ander Woods, Solid Waste Worker, Solid Waste 12/21/2020 Amy Kuhle, Billing Specialist, Marine &Aviation 11/09/2020 Trustee Bunker 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 Catherine Long, Police Department, to vest their pension as provided by Section 2.419 of the Employees' Pension Plan. Catherine Long, Police Officer, Police Department, was employed by the City on January 12, 2004 and began participating in the Pension Plan on that date. Ms. Long terminated from city employment on May 22, 2020. 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. Long will meet the hazardous duty criteria and begin collecting pension in February 2024. Trustee Hamilton moved to approve the following request of employee Catherine Long, 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 William Dillashaw, Engineering Department, Darian Dublin, Solid Waste Department, Carl Freeman, General Support Services Department, Michael Head, General Support Services Department, Julie Hudson, Library Department, Vernon Kearney, Engineering Department, Darrin Maser, Fire Department, David Roberts, Engineering Department, Valerie Smutko, Solid Waste Department, Page 3 City of Clearwater Pension Trustees Meeting Minutes February 16, 2021 Ricky Stasiowski, Fire Department and Gerald Wells, Public Utilities Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees' Pension Plan. William Dillashaw, Senior Stormwater Technician, Engineering Department, was employed by the City on February 28, 2000 and his pension service credit is effective on November 6, 2000. His pension will be effective December 1, 2020. Based on an average salary of approximately $38,141.41 over the past five years, the formula for computing regular pensions and Mr. Dillashaw's selection of the Life Annuity, this pension benefit will be approximately $21,050.64 annually. Darian Dublin, Solid Waste Boom Crane Operator, Solid Waste and Recycling Department, was employed by the City on October 8, 1990 and his pension service credit is effective on December 17, 1990. His pension will be effective February 1, 2021. Based on an average salary of approximately $43,702.22 over the past five years, the formula for computing regular pensions and Mr. Dublin's selection of the 100% Joint and Survivor Annuity with a 30% partial lump sum, this pension benefit will be approximately $22,490.88 annually. Carl Freeman, Skilled Tradesworker, General Support Services Department, was employed by the City on March 22, 2004 and his pension service credit is effective on that date. His pension will be effective January 1, 2021. Based on an average salary of approximately $40,843.35 over the past five years, the formula for computing regular pensions and Mr. Freeman's selection of the 50% Joint and Survivor Annuity, this pension benefit will be approximately $16,715.04 annually. Michael Head, Fleet Mechanic, General Support Services Department, was employed by the City on April 10, 2000 and his pension service credit is effective on that date. His pension will be effective January 1, 2021. Based on an average salary of approximately $42,608.52 over the past five years, the formula for computing regular pensions and Mr. Head's selection of the Life Annuity, this pension benefit will be approximately $24,245.16 annually. Julie Hudson, Librarian, Library Department, was employed by the City on August 24, 1992 and her pension service credit is effective on that date. Her pension will be effective March 1, 2021. Based on an average salary of approximately $58,216.27 over the past five years, the formula for computing regular pensions and Ms. Hudson's selection of the 66 2/3% Joint and Survivor Annuity, this pension benefit will be approximately $46,357.44 annually. Vernon Kearney, Senior Stormwater Technician, Engineering Department, was employed by the City on May 22, 2000 and his pension service credit is effective on July 15, 2000. His pension will be effective February 1, 2021. Based on an average salary of approximately $40,081.90 over the past five years, the formula for computing regular pensions and Mr. Kearney's selection of the Life Annuity with a 20% partial lump sum, this pension benefit will be approximately $18,062.28 annually. Page 4 City of Clearwater Pension Trustees Meeting Minutes February 16, 2021 Darrin Maser, Firefighter/Driver-Operator, Fire Department, was employed by the City on December 12, 1994, and his pension service credit is effective on that date. His pension will be effective February 1, 2021. Based on an average salary of approximately $91,462.13 over the past five years, the formula for computing regular pensions and Mr. Maser's selection of the 100% Joint and Survivor Annuity with a 30% partial lump sum, this pension benefit will be approximately $45,084.00 annually. David Roberts, Stormwater Heavy Equipment Operator, Engineering Department, was employed by the City on April 18, 1994 and his pension service credit is effective on that date. His pension will be effective February 1, 2021. Based on an average salary of approximately $48,497.88 over the past five years, the formula for computing regular pensions and Mr. Roberts's selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $29,543.88 annually. Valerie Smutko, Transfer Station/Scales Operator, Solid Waste and Recycling Department, was employed by the City on June 16, 2003 and her pension service credit is effective on October 2, 2006. Her pension will be effective January 1, 2021. Based on an average salary of approximately $32,992.75 over the past five years, the formula for computing regular pensions and Ms. Smutko's selection of the 10 Year Certain and Life Annuity with a 10% partial lump sum, this pension benefit will be approximately $11,116.20 annually. Ricky Stasiowski, Fire Division Chief, Fire Department, was employed by the City on July 23, 2007, and his pension service credit is effective on December 20, 2008. His pension will be effective June 1, 2021. Based on an average salary of approximately $117,451.54 over the past five years, the formula for computing regular pensions and Mr. Stasiowski's selection of the Life Annuity, this pension benefit will be approximately $41,031.36 annually. Gerald Wells, Public Utilities Assistant Manager, Public Utilities Department, was employed by the City on December 9, 1985 and his pension service credit is effective on that date. His pension will be effective February 1, 2021. Based on an average salary of approximately $76,373.23 over the past five years, the formula for computing regular pensions and Mr. Wells' selection of the 100% Joint and Survivor Annuity, this pension benefit will be approximately $73,212.12 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 Page 5 City of Clearwater Pension Trustees Meeting Minutes February 16, 2021 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. Dillashaw, Mr. Dublin, Mr. Freeman, Mr. Head, Ms. Hudson, Mr. Kearney, Mr. Roberts, Ms. Smutko and Mr. Wells 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. Maser and Mr. Stasiowski have met the hazardous duty criteria. Trustee Allbritton moved to approve the following request of employees William Dillashaw, Engineering Department, Darian Dublin, Solid Waste Department, Carl Freeman, General Support Services Department, Michael Head, General Support Services Department, Julie Hudson, Library Department, Vernon Kearney, Engineering Department, Darrin Maser, Fire Department, David Roberts, Engineering Department, Valerie Smutko, Solid Waste Department, Ricky Stasiowski, Fire Department and Gerald Wells, 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. 5. Director's Report — None. 6. Adjourn The meeting adjourned at 9:55 a.m. Chair Employees' Pension Plan Trustees sssan1umnu,/,, ���� �pP MSN '�q, ;) ` ORATE son Attest _1--p CARP.tr '�'`= L.. 04-e_114., (la c0"Iz:. 4:s City Clerk ��'��oo ,•.:: Page 6 City of Clearwater