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09/13/2007 PENSION ADVISORY COMMITTEE MEETING MINUTES CITY OF CLEARWATER September 13, 2007 Present: Nathan Hightower Chair Tom Jensen Vice-Chair Carlen Petersen Committee Member/Councilmember John Doran Committee Member/Councilmember John Schmalzbauer Committee Member Stephen Sarnoff Committee Member Paul Gibson Committee Member/Councilmember Also Present: Joe Roseto Human Resources Director Brenda Moses Board Reporter The Chair called the meeting to order at 9:03 a.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 3. - Approval of Minutes Member Jensen moved to approve the minutes of the regular Pension Advisory Committee meeting of August 9, 2007, as submitted in written summation to each board member. The motion was duly seconded and carried unanimously. 4. – Employees to be Heard – None. 5. – Action Items: a. Review and Action on Employee Requests for Regular Pensions: 1. David Malick, Gas 2. Stanley Loveday, Fire 3. Vickie Niemiller, Development & Neighborhood Services Member Petersen moved to approve the requests for regular pensions for David Malick, Stanley Loveday, and Vickie Niemiller. The motion was duly seconded. Discussion ensued regarding the effect of overtime on the pension plan. Upon the vote being taken, the motion carried unanimously. Pension Advisory 2007-09-13 1 b. Approval of New Hires as Plan Members: Member Petersen moved to accept the following employees into membership in the Pension Plan: Pension Elig. Name, Job. Class, & Dept./Div. Hire Date Date Clinton Reeves, WWTP Operator Trainee/Public Utilities 8/6/07 8/6/07 Bryclyn Lawrence, Solid Waste Worker/Solid Waste Gen. Svc. 5/1/07 8/6/07 Joseph Tincher, WWPT Operator Trainee/Pub. Utilities 8/6/07 8/6/07 Marcus McDougle, WWTP Operator Trainee/Public Utilities 8/6/07 8/6/07 Jon Dion, Air Conditioning Tech./Solid Waste Gen. Svc. 8/6/07 8/6/07 Theodore Dallas, Solid Waste Worker/Solid Waste Gen. Svc. 6/18/07 8/20/07 Kristin Matthews, Police Com. Operator Trainee/Police 8/20/07 8/20/07 Melissa Santomenno, Police Com. Operator Trainee/Police 8/20/07 8/20/07 Bryclyn Lawrence originally was hired as temporary on May 1, 2007; status changed to permanent and pension eligible as of August 6, 2007. Theodore Dallas originally was hired as temporary on June 18, 2007; status changed to permanent and pension eligible as of August 20, 2007. motioncarried The was duly seconded and unanimously. 6. – Pending/New Business a. James Ferro – Job-connected Disability Hearing Human Resources Director Joe Roseto reviewed James Ferro’s application and the requirements of the Code. None of the listed exclusions applies. Member Schmalzbauer moved to accept into evidence the entire file, inclusive of the personnel file, interrogatories, medical records, and the IME (Independent Medical Exam). The motionwas duly seconded and carriedunanimously. Mr. Roseto reported two of three physicians determined that Officer Ferro is unable to perform the duties of a police officer and is permanently disabled. The City’s IME (Independent Medical Examination) physician determined otherwise, therefore the City requested a Functional Capacity Test which indicated the officer was permanently disabled. Mr. Roseto said the City will not contest the application. Member Schmalzbauer moved that James Ferro is disabled due to a job-connected sickness or injury, such disability is likely to be continuous and permanent from a cause other than those listed as general disability exclusions, and such disability renders the participant unable to perform any useful, meaningful, and necessary work for the employer in an available position for which the participant is reasonably qualified or for which the participant may be reasonably trained to perform. The motion was duly seconded and carried unanimously. b. John Moros - Job-connected Disability Hearing – Claim Withdrawn. Pension Advisory 2007-09-13 2 Mr. Roseto said John Moros had terminated his employment based on a Worker's Compensation settlement and no longer is eligible for a job-connected disability pension. He has withdrawn his application. 7. - Director's Report Mr. Roseto reported a two-day in-house investment training session will be scheduled that includes a review of proposed changes to the pension ordinance drafted by the pension attorney. The PAC (Pension Advisory Committee), Pension Trustees, and union officials will be invited. He welcomed union officials to take the opportunity to provide their visions regarding changes to the pension plan. Staff provided a sample cost benefit analysis on retaining a police officer to perform light duty instead of providing a job-connected disability benefit. Bargaining unit approval would be required for police officers to fill jobs represented by another bargaining unit. Assigning a police officer to a light duty position would require maintaining the officer's salary and benefits and prevent the City from replacing the position with another police officer unless the FTE (full-time equivalent) count is increased. Mr. Roseto said the City complies with State Statutes regarding Public Safety employee disability applications. 8. - Committee Members to be Heard Committee members thanked Mr. Ferro for his service and wished him well. Member Jensen encouraged the Trustees and PAC members to attend investment conferences to meet their fiduciary responsibility and gain a better understanding of pension investments. Staff reported the City's training sessions will be comprehensive. Member Petersen said staff is tailoring the upcoming training session being prepared by staff specifically toward the City's pension plan; it is difficult to attend a three-day conference out of town; and complimented the City's legal and finance staff. Member Gibson said in-house investment training is more cost effective than out of town training. 9. - Adiourn The meeting adjourned at 9:49 a.m. {).1)fJ )!a Chair Pension Advisory Committee (An~ ~4}J/r7h Board Reporter Pension Advisory 2007-09-13 3