06/13/2022Monday, June 13, 2022
9:00 AM
City of Clearwater
Main Library - Council Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
Main Library - Council Chambers
Pension Trustees
Meeting Agenda
June 13, 2022Pension Trustees Meeting Agenda
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1. Call To Order
2. Approval of Minutes
2.1 Approve the minutes of the May 16, 2022 Pension Trustees Meeting as
submitted in written summation by the City Clerk.
3. Citizens to be Heard Regarding Items Not on the Agenda
4. New Business Items
4.1 Approve the new hires for acceptance into the Pension Plan as listed.
4.2 Approve the following request of employees Leroy Bostick, Solid Waste and
Recycling Department, and Julie Phillips, Planning and Development
Department, to vest their pension as provided by Section 2.419 of the
Employees’ Pension Plan.
4.3 Approve the following request of employees Robert Ackerman, Planning and
Development Department, Sabrina Chute, Information Technology Department,
Glenn Daniel, Public Utilities Department, Jose Fernandez, Fire Department,
Peter Lopez, Fire Department, Eugene Nyland, Information Technology
Department, Louis Pirman, Gas Department, Katie Rosa, Solid Waste and
Recycling Department, Jeffrey Rosenbaum, General Services Department,
and Todd Still, Public Utilities Department for a regular pension as provided by
Sections 2.416 and 2.424 of the Employees’ Pension Plan.
5. Adjourn
Page 2 City of Clearwater Printed on 6/8/2022
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#22-0409
Agenda Date: 6/13/2022 Status: Agenda ReadyVersion: 1
File Type: MinutesIn Control: Pension Trustees
Agenda Number: 2.1
SUBJECT/RECOMMENDATION:
Approve the minutes of the May 16, 2022 Pension Trustees Meeting as submitted in written
summation by the City Clerk.
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 6/8/2022
Pension Trustees Meeting Minutes May 16, 2022
Page 1 City of Clearwater
City of Clearwater
Main Library - Council Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
Meeting Minutes
Monday, May 16, 2022
9:00 AM
Main Library - Council Chambers
Pension Trustees
Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 2 City of Clearwater
Roll Call
Present 5 - Chair Frank Hibbard, Trustee Kathleen Beckman, Trustee Mark Bunker,
Trustee David Allbritton, and Trustee Lina Teixeira
Also Present – Jon Jennings – City Manager, Micah Maxwell – Assistant City Manager, Michael Delk – Assistant City Manager, David Margolis - City Attorney, Rosemarie Call – City Clerk, Nicole Sprague – Deputy City Clerk, and Jennifer Poirrier – Human Resources Director
To provide continuity for research, items are listed in agenda order although not necessarily discussed in that order.
Unapproved 1. Call to Order
The meeting was called to order at 9:00 a.m. 2. Approval of Minutes
2.1 Approve the minutes of the February 14, 2022 Pension Trustees meeting as submitted in
written in summation by the City Clerk.
Trustee Allbritton moved to approve the minutes of the February 14,
2022 Pension Trustees meeting as submitted in written in
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.
Last Name/First Name/Job Classification/Department Pension Eligibility
Date
KINDRED, CHARLES, CUSTODIAL WORKER, POLICE DEPARTMENT 01/03/2022
JOHNSON, CHRISTOPHER, TRAFFIC SIGNAL TECH, ENGINEERING 01/31/2022
CAPONE, MATTHEW, POLICE OFFICER, POLICE DEPARTMENT 01/03/2022
MCCALLUM, BENJAMIN, POLICE OFFICER, POLICE DEPARTMENT 01/03/2022
MENGERINK, ADAM, POLICE OFFICER, POLICE DEPARTMENT 01/03/2022 Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 3 City of Clearwater
NEGRON, SAMANTHA, POLICE OFFICER, POLICE DEPARTMENT 01/03/2022
NEIGHLY, KATHERN, SR ACCOUNTANT, SOLID WASTE & RECYCLING 01/03/2022
PINSKER, KRISTEN, POLICE OFFICER, POLICE DEPARTMENT 01/03/2022
ROBINSON, ALICIA, DEVELOPMENT REVIEW TECHNICIAN, PLANNING & DEV 01/03/2022
STYLES, LAUREN, POLICE OFFICER, POLICE DEPARTMENT 01/03/2022
KINDRED, CHARLES, CUSTODIAL WORKER, POLICE DEPARTMENT 01/03/2022
TAGGART, STEVEN, WSTWTR TRTMNT PLANT OPER TRN, PUBLIC UTILITIES 01/03/2022
PRINS, DYLAN, PLANNER, PLANNING & DEVELOPMENT 01/10/2022
JOHNSON, BRANDY, CUSTOMER SERVICE REP, UTILITY CUST. SERVICE 01/18/2022
BIONDO VITO, METER READER, UTILITY CUSTOMER SERVICE 01/18/2022
SIVANISH, LELAND, SR ACCOUNTANT, ENGR STORMWATER 01/18/2022
BLAUVELT, SHAWNA, CONTRACTS & PROCUREMENT SPEC, ENGINEERING 01/18/2022
WINGFIELD, RYAN, PARKING ENFORCEMENT SPEC, ENGR PARKING 01/18/2022
NINA, JOEL, POLICE CADET, POLICE DEPARTMENT 01/15/2022
PERRY MICHELE, POLICE CADET, POLICE DEPARTMENT 01/15/2022
MITCHELL, JONATHAN, POLICE CADET, POLICE DEPARTMENT 01/15/2022
GREEN MARQUEZ, SOLID WASTE WORKER, SOLID WASTE & RECYCLING 01/31/2022
HARRIS BROOKE, SR SYSTEMS PROGRAMMER, INFORMATION TECH. 01/31/2022
MANNOSSOS, TARA, UTILITY DISPATCHER, GAS SYSTEM 01/31/2022
REICH OWEN POLICE CADET POLICE DEPARTMENT 01/15/2022
WOJCIECHOWSKA, BARBARA, ACCOUNTING TECH.PUBLIC UTLILITIES 01/15/2022
COTHRAN, SAUL, PARKING ENFORCEMENT SPECIALIST, ENGR PARKING 01/15/2022
BUTLER ALEXIS, CUSTOMER SERVICE REP, UTILITY CUSTOMER SERVICE 02/14/2022
BURGETT, JENNIFER, STAFF ASSISTANT, ENGINEERING/STORMWATER 02/14/2022
HOPKINSON, KARRI, GAS TECH APPRENTICE, GAS 02/14/2022
OLSON, TYLER, PARKS SERVICE TECHNICIAN, PARKS & RECREATION0 2/14/2022
POTTER, JORDAN, CRIME ANALYST, POLICE 02/14/2022
CHADWICK, EVAN, CRIME ANALYST, POLICE 02/14/2022
KLEIN, JANICE, CRIME ANALYST POLICE 02/14/2022
RICE, LLOYD, RECREATION LEADER, PARKS & RECREATION 02/14/2022
Trustee Beckman 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 employees John Allen, Public Utilities Department,
Benjamin Coccia, Planning and Development Department, Stephen Colbert, Fire
Department, Patrick Conrey, Fire Department, Gerard Devivo, Fire Department, Eric
Gandy, Police Department, Judith Lacosse, Official Records and Legislative Department,
David Larremore, Engineering Department, Charles Jeffries, Public Utilities Department,
Lance Kielich, General Service Department, Denis O’Connor, Fire Department, and Levi
Outley, Parks and Recreation Department for a regular pension as provided by Sections
2.416 and 2.424 of the Employees’ Pension Plan. Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 4 City of Clearwater
John Allen, Water Distribution Operator, Public Utilities Department, was
employed by the City on September 23,1985, and his pension service credit is
effective on that date. His pension will be effective March 1, 2022. Based on an
average salary of approximately $65,716.79 over the past five years, the formula
for computing regular pensions and Mr. Allen’s selection of the Joint and
Survivor Annuity, this pension benefit will be approximately $65,716.80 annually.
Benjamin Coccia, Senior Plans Examiner, Planning and Development
Department, was employed by the City on July 8, 1996, and his pension service
credit is effective on that date. His pension will be effective August 1, 2022.
Based on an average salary of approximately $72,096.64 over the past five
years, the formula for computing regular pensions and Mr. Coccia’s selection of
the Single Life Annuity, this pension benefit will be approximately $51,670.20
annually.
Stephen Colbert, Fire Medic, 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, 2022. Based on an average salary of
approximately $93,228.62 over the past five years, the formula for computing
regular pensions and Mr. Colbert’s selection of the 100% Joint and Survivor
Annuity with a 30% partial lump sum, this pension benefit will be approximately
$47,594.40 annually.
Patrick Conrey, Fire Lieutenant, Fire Department, was employed by the City on
October 16, 2000, and his pension service credit is effective on that date. His
pension will be effective February 1, 2022. Based on an average salary of
approximately $108,351.24 over the past five years, the formula for computing
regular pensions and Mr. Conrey’s selection of the 100% Joint and Survivor
Annuity with a 30% partial lump sum, this pension benefit will be approximately
$43,578.96 annually.
Gerard Devivo, Fire Medic, Fire Department, was employed by the City on
October 4, 1999, and his pension service credit is effective on that date. His
pension will be effective March 1, 2022. Based on an average salary of
approximately $88,194.30 over the past five years, the formula for computing
regular pensions and Mr. Devivo’s selection of the Single Life Annuity, this
pension benefit will be approximately $57,722.80 annually.
Eric Gandy, Police Deputy Chief, Police Department, was employed by the City
on July 29, 1991, and his pension service credit is effective on that date. His
pension will be effective March 1, 2022. Based on an average salary of
approximately $135,982.88 over the past five years, the formula for computing
regular pensions and Mr. Gandy’s selection of the 100% Joint and Survivor
Annuity, this pension benefit will be approximately $111,732.48 annually.
Judith Lacosse, Staff Assistant, Official Records and Legislative Department,
was employed by the City on February 10, 2003, and her pension service credit Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 5 City of Clearwater
is effective on that date. Her pension will be effective April 1, 2022. Based on an
average salary of approximately $36,097.06 over the past five years, the formula
for computing regular pensions and Ms. Lacosse’s selection of the Single Life
Annuity, this pension benefit will be approximately $18,928.64 annually.
David Larremore, Traffic Engineering Analyst, Engineering Department, was
employed by the City on March 30, 1998, and his pension service credit is
effective on that date. His pension will be effective November 1, 2022. Based
on an average salary of approximately $66,325.00 over the past five years, the
formula for computing regular pensions and Mr. Larremore’s selection of the
Single Life Annuity, this pension benefit will be approximately $44, 762.52
annually.
Charles Jeffries, Water Distribution Operator Lead, Public Utilities Department,
was employed by the City on January 14, 1991, and his pension service credit
is effective on that date. His pension will be effective February 1, 2022. Based
on an average salary of approximately $54,564.65 over the past five years, the
formula for computing regular pensions and Mr. Jeffries’ selection of the 50%
Joint and Survivor Annuity, this pension benefit will be approximately $43,538.88
annually.
Lance Kielich, Fleet Operations Trainer, General Services Department, was
employed by the City on February 11, 2002, and his pension service credit is
effective on June 14, 2002. His pension will be effective February 1, 2022.
Based on an average salary of approximately $47,665.73 over the past five
years, the formula for computing regular pensions and Mr. Kielich selection of
the Single Life Annuity, this pension benefit will be approximately $25,731.84
annually.
Denis O’Connor, Firefighter, Fire Department, was employed by the City on
September 24, 2001, and his pension service credit is effective on that date.
His pension will be effective February 1, 2022. Based on an average salary of
approximately $78,118.20 over the past five years, the formula for computing
regular pensions and Mr. O’Connor’s selection of the 100% Joint and Survivor
Annuity with a 30% partial lump sum, this pension benefit will be approximately
$29,849.40 annually.
Levi Outley, Senior Parks Service Technician, Parks and Recreation
Department, was employed by the City on September 15, 1997, and his
pension service credit is effective on that date. His pension will be effective
April 1, 2022. Based on an average salary of approximately $40,426.18 over the
past five years, the formula for computing regular pensions and Mr. Outley’s
selection of the Single Life Annuity this pension benefit will be approximately
$25,910.64 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 Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 6 City of Clearwater
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. Allen, Mr. Coccia, Ms. Lacosse, Mr. Larremore, Mr. Jeffries, Mr. Kielich, and
Mr. Outley
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. Colbert, Mr. Conrey, Mr.
Devivo, Mr. Gandy, and Mr. O’Connor
Trustee Bunker moved to approve the following request of
employees John Allen, Public Utilities Department, Benjamin
Coccia, Planning and Development Department, Stephen Colbert,
Fire Department, Patrick Conrey, Fire Department, Gerard Devivo,
Fire Department, Eric Gandy, Police Department, Judith Lacosse,
Official Records and Legislative Department, David Larremore,
Engineering Department, Charles Jeffries, Public Utilities
Department, Lance Kielich, General Service Department, Denis
O’Connor, Fire Department, and Levi Outley, 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.
4.3 Accept the January 1, 2022 Annual Actuarial Valuation for the Employees’ Pension Plan. Per the actuarial valuation report dated January 1, 2022, a minimum city
employer contribution of $11.70 million, or 12.44% of covered payroll, is required
for fiscal year 2023. This is an increase of approximately $298 thousand over
the fiscal 2022 required contribution of $11.40 million, which represented
12.30% of covered payroll.
The breakout of the required contribution by group is as follows:
Police $ 4,776,753 22.27%
Fire $ 3,380,615 18.97% Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 7 City of Clearwater
Non-Hazardous $ 3,541,249 6.46%
Total $11,698,617 12.44%
The calendar year 2021 investment return was 12.90%, versus an assumed
rate of 6.55%. The five-year “smoothed” actuarial investment rate of return was
12.46% versus the 6.55% assumption. Calendar 2017 through 2021 investment
returns were 16.01%, (-2.48%), 20.20%, 15.12%, and 12.90%, respectively. As
previously approved by the Trustees, the assumed rate of return will reduce to
6.50% effective January 1, 2022.
The plan experienced a net actuarial experience gain of $65.5 million for the
year. The gain was primarily due to investment returns in excess of the
assumption, with some additional very minor net liability-related gains. The
plan’s funded ratio on January 1, 2022 was 114.57% (including the credit
balance) versus 108.70% for the prior year. The market value of assets
exceeds the actuarial value of assets by $151.1 million as of January 1, 2022.
The plan’s credit balance, which reflects actual contributions in-excess of
actuarially required contributions in prior years, increased from $31.55 million to
$33.82 million during calendar 2021, primarily due to interest earned on the
credit balance. This credit balance is available to subsidize volatile employer
contribution requirements during future investment market downturns.
Gabriel Roeder Smith Actuary Pete Strong reviewed the report. He said the
pension plan is in the best condition in the state and has a healthy credit
balance. The City's ordinance requires a 7% minimum contribution, allowing a
credit balance to build up.
In response to a question, Mr. Strong said it is recommended to keep
lowering the 6.5% return assumption because the capital market forecast
estimates, for the next 15-year horizon, have lowered to 6% for similar
portfolios.
Trustee Teixeira moved to accept the January 1, 2022 Annual
Actuarial Valuation for the Employees’ Pension Plan. The motion
was duly seconded and carried unanimously.
4.4 Annual review of the Employees’ Pension Plan investment performance for the calendar
and plan year ended December 31, 2021.
Annually a presentation of the Plan’s calendar year investment performance is
made to the Trustees. For calendar 2021, the Plan realized an investment Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 8 City of Clearwater
return of 13.33%, versus a customized benchmark of 14.09%, placing the plan
in the 76th percentile of public pension plans per the Wilshire Public Plan
Sponsor Universe.
For the last three calendar years, the plan had an average annualized return of
16.36%, versus a benchmark of 12.21%, placing the plan in the 43rd percentile
of public plans.
The investment committee, with the assistance of the Plan’s investment
consultant, CapTrust, meets on at least a quarterly basis to monitor asset
allocation and money manager performance, and will continue to recommend
money manager terminations, replacements, and/or additions when
appropriate.
Finance Director Jay Ravins provided a PowerPoint presentation.
In response to questions, Captrust representative Mike Lalone said the City's
fee is approximately $120,000. Captrust is more bullish than Vanguard and
anticipates 5-6% returns in the next five years. Generally, for most asset
classes the company prefers more active indexing. Captrust works
primarily with private real estate versus the REITS**, which are
publicly traded and volatile. The City's allocation is correct; it is
conservative. Anything outside of stocks and bonds are considered
alternatives.
Trustee Allbritton moved to approve the annual review of the
Employees’ Pension Plan investment performance for the calendar
and plan year ended December 31, 2021. The motion was duly
seconded and carried unanimously.
4.5 Determine Trustees’ expected rate of return for pension plan investments for current year,
each of the next several years, and for the long term thereafter, in accordance with Florida
Statutes 112.661(9).
Florida Statutes 112.661(9) requires an annual determination of expected rates
of return by filed with the Florida Department of Management Services, with the
plan’s sponsor, and with the consulting actuary.
Staff is recommending the current plan investment rate of return assumptions
of 6.5%, net of investment-related fees, as the expected annual rate of return for
the current year; 6.5% for the next year; and 6.5% for all years thereafter. Draft
Pension Trustees Meeting Minutes May 16, 2022
Page 9 City of Clearwater
In response to questions, Finance Director Jay Ravins said the
investment returns are currently down 13-14% year to date. The return will
have to significantly rebound to hit the 6% assumption by end of the
current calendar year. He said, given the current state, it might make
more sense to have a more conservative return. GRS Actuary Pete
Strong said the State of Florida likes to see a match between the City's
assumptions and expectations but the long-term number needs to tie to
the valuation report. He said a lower assumption rate will be fine for the
current year but the mid and long-term assumptions need to match the
valuation report.
Trustee Beckman moved to determine a 0% expected rate of return
for pension plan investments for current year and 6.5% for the
next year and 6.5% for all years thereafter, in accordance with
Florida Statutes 112.661(9). The motion was duly seconded and
carried unanimously. 5. Adjourn
The meeting adjourned at 9:37 a.m.
Chair
Employees’ Pension Plan Trustees
Attest
City Clerk Draft
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#22-0433
Agenda Date: 6/13/2022 Status: Agenda ReadyVersion: 2
File Type: Action ItemIn Control: Pension Trustees
Agenda Number: 4.1
SUBJECT/RECOMMENDATION:
Approve the new hires for acceptance into the Pension Plan as listed.
SUMMARY:
Last Name/First Name/Job Classification/Department Pension Eligible Date
MARGNELLI, JOHN, POLICE OFFICER, POLICE DEPARTMENT 04/11/2022
GREEN, TABITHA, LIBRARY ASSISTANT, LIBRARY 04/11/2022
DRONCHEFF, RICHARD, GAS TECHNICIAN, GAS SYSTEM 02/28/2022
HUBERTY, CORY, GAS TECHNICIAN, GAS SYSTEM 03/28/2022
DAY, SAWYER, PARKS SERVICE TECHNICIAN, PARKS & RECREATION 02/27/2022
HAVENSTEIN, RHETT, GAS TECHNICIAN, GAS SYSTEM 02/28/2022
LAROCK, JARED, FLEET MECHANIC, GS - FLEET 02/28/2022
PATRICIO-CHARREZ, GREGORIO, STREETS & SIDEWALKS TECH, PARKS & REC 02/28/2022
ROSS, CALLEIGH, RECREATION SPECIALIST, PARKS & RECREATION 02/28/2022
SAPP, RAYSHAWN, SOLID WASTE WORKER, SOLID WASTE & RECYCLING 02/28/2022
SAWYER, HUNTER, SKILLED TRADESWORKER, PARKS & RECREATION 02/28/2022
WINGFIELD, MARKISE, SOLID WASTE WORKER, SOLID WASTE & RECYCLING 02/28/2022
ALCANI, MIRELA, SAMPLING TECHNICIAN, PUBLIC UTILITIES 03/14/2022
KNOBLOCK, BRIAN, WSTWTR TRTMNT PLANT OPER B, PUBLIC UTILITIES 03/14/2022
KRUKOWSKI, KYLE, RECREATION LEADER, PARKS & RECREATION 03/14/2022
RILEY, JACORRIE, WASTEWATER COLLECTIONS TECH, PUBLIC UTILITIES 03/14/2022
YIN, YUE, SUSTAINABILITY SPECIALIST, CITY MANAGER 03/14/2022
BUZZELL, BRANDON, PARKING ENFORCEMENT SPEC, ENGR - PARKING 03/14/2022
BRISLIN, GAIL, POLICE RECORDS SPECIALIST, POLICE DEPARTMENT 03/14/2022
FACKLER, ASHLEY, POLICE RECORDS SPECIALIST, POLICE DEPARTMENT 03/14/2022
ARNOLD, MITCHELL, PARKS SERVICE TECHNICIAN, PARKS & RECREATION 03/28/2022
CASTILLO, EDWARD, TREE TRIMMER, PARKS & RECREATION 03/28/2022
DODSON, DEANTHONY, PARKS SERVICE TECHNICIAN, PARKS & RECREATION 03/28/2022
HALL, JEREMY, PARKS SERVICE TECHNICIAN, PARKS & RECREATION 03/28/2022
LOWE, ANDREW, PARKS SERVICE TECHNICIAN, PARKS & RECREATION 03/28/2022
SERRICCHIO, JOHN, CUSTODIAL WORKER, MARINE & AVIATION 03/28/2022
TINAJERO PENA, ISRAEL, WATER DISTR OPER TRAINEE, PUBLIC UTILITIES 03/28/2022
ADAM, MELINDA, DEVELOPMENT REVIEW TECHNICIAN, PLANNING & DEV 03/28/2022
FULTON, DERRICK, PARKS SERVICE TECHNICIAN, PARKS & RECREATION 04/11/2022
LASSITER, ERIC, WASTEWATER COLLECTIONS TECH, PUBLIC UTILITIES 04/11/2022
REED, ROBERT, SOLID WASTE WORKER, SOLID WASTE & RECYCLING 04/11/2022
DANIELSON, SHEAMUS, CUSTODIAL WORKER, MARINE & AVIATION 04/11/2022
BERRY, CAROLINE, SURVEY ASSISTANT, ENGINEERING 04/11/2022
DISTEL, ERIC, PARKING, FAC & SEC AIDE, ENGR - PARKING 04/09/2022
CRAIG, RACHEL, POLICE TELECOMMUNICATOR, POLICE DEPARTMENT 04/11/2022
Page 1 City of Clearwater Printed on 6/8/2022
File Number: ID#22-0433
WRONA, AARON, DEVELOPMENT REVIEW TECHNICIAN, PLANNING & DEV 04/11/2022
MCGOWAN, SEAN, CUSTOMER SERVICE REP, UTILITY CUSTOMER SERVICE 04/11/2022
CEMBRALE, DONALD, POLICE TELECOMMUNICATOR, POLICE DEPARTMENT 04/11/2022
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 6/8/2022
Interoffice Correspondence Sheet TO: Pension Advisory Committee FROM: Jennifer Poirrier, Human Resources Director SUBJECT: Recommendation for Acceptance into Pension Plan DATE: April 22, 2022 Subject/Recommendation: Recommend approval of the new hires for acceptance into the Pension Plan as listed.
Last Name First Name Job Classification Department Pension Eligible
Date
MARGNELLI JOHN POLICE OFFICER POLICE DEPARTMENT 04/11/2022
GREEN TABITHA LIBRARY ASSISTANT LIBRARY 04/11/2022
DRONCHEFF RICHARD GAS TECHNICIAN GAS SYSTEM 02/28/2022
HUBERTY CORY GAS TECHNICIAN GAS SYSTEM 03/28/2022
DAY SAWYER PARKS SERVICE TECHNICIAN PARKS & RECREATION 02/27/2022
HAVENSTEIN RHETT GAS TECHNICIAN GAS SYSTEM 02/28/2022
LAROCK JARED FLEET MECHANIC GS - FLEET 02/28/2022
PATRICIO-CHARREZ GREGORIO STREETS & SIDEWALKS TECH PARKS & RECREATION 02/28/2022
ROSS CALLEIGH RECREATION SPECIALIST PARKS & RECREATION 02/28/2022
SAPP RAYSHAWN SOLID WASTE WORKER SOLID WASTE & RECYCLING 02/28/2022
SAWYER HUNTER SKILLED TRADESWORKER PARKS & RECREATION 02/28/2022
WINGFIELD MARKISE SOLID WASTE WORKER SOLID WASTE & RECYCLING 02/28/2022
ALCANI MIRELA SAMPLING TECHNICIAN PUBLIC UTILITIES 03/14/2022
KNOBLOCK BRIAN WSTWTR TRTMNT PLANT OPER B PUBLIC UTILITIES 03/14/2022
KRUKOWSKI KYLE RECREATION LEADER PARKS & RECREATION 03/14/2022
RILEY JACORRIE WASTEWATER COLLECTIONS TECH PUBLIC UTILITIES 03/14/2022
YIN YUE SUSTAINABILITY SPECIALIST CITY MANAGER 03/14/2022
BUZZELL BRANDON PARKING ENFORCEMENT SPEC ENGR - PARKING 03/14/2022
BRISLIN GAIL POLICE RECORDS SPECIALIST POLICE DEPARTMENT 03/14/2022
FACKLER ASHLEY POLICE RECORDS SPECIALIST POLICE DEPARTMENT 03/14/2022
ARNOLD MITCHELL PARKS SERVICE TECHNICIAN PARKS & RECREATION 03/28/2022
CASTILLO EDWARD TREE TRIMMER PARKS & RECREATION 03/28/2022
DODSON DEANTHONY PARKS SERVICE TECHNICIAN PARKS & RECREATION 03/28/2022
HALL JEREMY PARKS SERVICE TECHNICIAN PARKS & RECREATION 03/28/2022
LOWE ANDREW PARKS SERVICE TECHNICIAN PARKS & RECREATION 03/28/2022
SERRICCHIO JOHN CUSTODIAL WORKER MARINE & AVIATION 03/28/2022
TINAJERO PENA ISRAEL WATER DISTR OPER TRAINEE PUBLIC UTILITIES 03/28/2022
ADAM MELINDA DEVELOPMENT REVIEW TECHNICIAN PLANNING & DEVELOPMENT 03/28/2022
FULTON DERRICK PARKS SERVICE TECHNICIAN PARKS & RECREATION 04/11/2022
LASSITER ERIC WASTEWATER COLLECTIONS TECH PUBLIC UTILITIES 04/11/2022
REED ROBERT SOLID WASTE WORKER SOLID WASTE & RECYCLING 04/11/2022
DANIELSON SHEAMUS CUSTODIAL WORKER MARINE & AVIATION 04/11/2022
BERRY CAROLINE SURVEY ASSISTANT ENGINEERING 04/11/2022
DISTEL ERIC PARKING, FAC & SEC AIDE ENGR - PARKING 04/09/2022
CRAIG RACHEL POLICE TELECOMMUNICATOR POLICE DEPARTMENT 04/11/2022
WRONA AARON DEVELOPMENT REVIEW TECHNICIAN PLANNING & DEVELOPMENT 04/11/2022
MCGOWAN SEAN CUSTOMER SERVICE REP UTILITY CUSTOMER SERVICE 04/11/2022
CEMBRALE DONALD POLICE TELECOMMUNICATOR POLICE DEPARTMENT 04/11/2022
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#22-0434
Agenda Date: 6/13/2022 Status: Agenda ReadyVersion: 2
File Type: Action ItemIn Control: Pension Trustees
Agenda Number: 4.2
SUBJECT/RECOMMENDATION:
Approve the following request of employees Leroy Bostick, Solid Waste and Recycling
Department, and Julie Phillips, Planning and Development Department, to vest their pension as
provided by Section 2.419 of the Employees’ Pension Plan.
SUMMARY:
Leroy Bostick, Solid Waste Worker, Solid Waste & Recycling Department, was employed by
the City on September 28, 2009, and began participating in the Pension Plan on that date. Mr.
Bostick terminated from City employment on March 2, 2022.
Julie Phillips, Inspector Specialist, Planning and Development Department, was employed by
the City on August 21, 1995, and began participating in the Pension Plan on that date. Ms.
Phillips terminated from City employment on March 25, 2022.
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 55
years and completed 20 years of credited service; the date on which a participant has reached
age 65 years and completed ten years of credited service; or the date on which a member has
completed 30 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 60 years and completed 25
years of credited service; or the date on which a participant has reached the age of 65 years
and completed ten years of credited service. Mr. Bostick will meet the non-hazardous duty
criteria and begin collecting a pension in October 2029. Ms. Phillips will meet the
non-hazardous duty criteria and begin collecting a pension in November 2022.
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 20 years of credited service regardless of age, or the date on which the
participant has reached 55 years and completed ten years of credited service.
APPROPRIATION CODE AND AMOUNT:
N/A
Page 1 City of Clearwater Printed on 6/8/2022
File Number: ID#22-0434
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 6/8/2022
Cover Memo
City of Clearwater Main Library - Council
Chambers
100 N. Osceola Avenue
Clearwater, FL 33755
File Number: ID#22-0435
Agenda Date: 6/13/2022 Status: Agenda ReadyVersion: 2
File Type: Action ItemIn Control: Pension Trustees
Agenda Number: 4.3
SUBJECT/RECOMMENDATION:
Approve the following request of employees Robert Ackerman, Planning and Development
Department, Sabrina Chute, Information Technology Department, Glenn Daniel, Public Utilities
Department, Jose Fernandez, Fire Department, Peter Lopez, Fire Department, Eugene Nyland,
Information Technology Department, Louis Pirman, Gas Department, Katie Rosa, Solid Waste
and Recycling Department, Jeffrey Rosenbaum, General Services Department, and Todd Still,
Public Utilities Department for a regular pension as provided by Sections 2.416 and 2.424 of the
Employees’ Pension Plan.
SUMMARY:
Robert Ackerman, Building Construction Inspector, Planning and Development Department,
was employed by the City on July 19, 1999, and his pension service credit is effective on that
date. His pension will be effective July 1, 2022. Based on an average salary of approximately
$63,751.39 over the past five years, the formula for computing regular pensions and Mr .
Ackerman’s selection of the Single Life Annuity, this pension benefit will be approximately
$40,089.90 annually.
Sabrina Chute, Information Technology Manager, Information Technology Department, was
employed by the City on December 12, 1988, and her pension service credit is effective on
October 8, 1989. Her pension will be effective May 1, 2022. Based on an average salary of
approximately $90,916.73 over the past five years, the formula for computing regular pensions
and Ms. Chute’s selection of the 100% Joint and Survivor Annuity, this pension benefit will be
approximately $74,336.76 annually.
Glenn Daniel, Water Reclaim & Wastewater Coll. 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 May 1, 2022. Based on an average salary of approximately
$89,343.64 over the past five years, the formula for computing regular pensions and Mr .
Daniel’s selection of the 50% Joint and Survivor Annuity, this pension benefit will be
approximately $84,099.48 annually.
Jose Fernandez, Firefighter/Driver-Oper, Fire Department, was employed by the City on March
21, 2005, and his pension service credit is effective on that date. His pension will be effective
April 1, 2022. Based on an average salary of approximately $81,559.63 over the past five years,
the formula for computing regular pensions and Mr. Fernandez’s selection of the Joint and
Survivor Annuity, this pension benefit will be approximately $38,658.00 annually.
Peter Lopez, Firefighter, Fire Department, was employed by the City on May 18, 1992, and his
pension service credit is effective on that date. His pension will be effective April 1, 2022.
Page 1 City of Clearwater Printed on 6/8/2022
File Number: ID#22-0435
Based on an average salary of approximately $92,596.88 over the past five years, the formula
for computing regular pensions and Mr. Lopez’s selection of the 100% Joint and Survivor
Annuity with a 30% partial lump sum, this pension benefit will be approximately $51,707.88
annually
Eugene Nyland, Network Engineer, Information Technology Department, was employed by the
City on October 27, 1997, and his pension service credit is effective on that date. His pension
will be effective April 1, 2022. Based on an average salary of approximately $71,866.06 over the
past five years, the formula for computing regular pensions and Mr. Nyland’s selection of the
Single Life Annuity, this pension benefit will be approximately $48,150.72 annually.
Louis Pirman, Senior Gas Technician, Gas Department, was employed by the City on October
25, 1999, and his pension service credit is effective on that date. His pension will be effective
May 1, 2022. Based on an average salary of approximately $43,959.67 over the past five years,
the formula for computing regular pensions and Mr. Pirman’s selection of the Single Life
Annuity, this pension benefit will be approximately $27,193.32 annually.
Katie Rosa, Solid Waste Equipment Operator, Solid Waste and Recycling Department, was
employed by the City on February 26, 2001, and her pension service credit is effective on April
9, 2001. Her pension will be effective May 1, 2022. Based on an average salary of
approximately $41,988.60 over the past five years, the formula for computing regular pensions
and Ms. Rosa’s selection of the Single Life Annuity, this pension benefit will be approximately
$24,315.72 annually.
Jeffrey Rosenbaum, Building and Maintenance Supervisor, General Service Department, was
employed by the City on October 19, 1987, and his pension service credit is effective on that
date. His pension will be effective May 1, 2022. Based on an average salary of approximately
$64,960.48 over the past five years, the formula for computing regular pensions and Mr .
Rosenbaum’s selection of the 100% Joint and Survivor Annuity, this pension benefit will be
approximately $60,385.08 annually.
Todd Still, Water Distribution Foreman, Public Utilities Department, was employed by the City
on November 30, 1987, and his pension service credit is effective on that date. His pension will
be effective May 1, 2022. Based on an average salary of approximately $62,265.43 over the
past five years, the formula for computing regular pensions and Mr. Still’s selection of the 50%
Joint and Survivor Annuity, this pension benefit will be approximately $54,529.68 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 55
years and completed 20 years of credited service; the date on which a participant has reached
age 65 years and completed ten years of credited service; or the date on which a member has
completed 30 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 60 years and completed 25
years of credited service; or the date on which a participant has reached the age of 65 years
and completed ten years of credited service. Mr. Ackerman, Ms. Chute, Mr. Daniel, Mr. Nyland,
Page 2 City of Clearwater Printed on 6/8/2022
File Number: ID#22-0435
Mr. Pirman, Ms. Rosa, Mr. Rosenbaum, and Mr. Still have all 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 20 years of credited service regardless of age, or the date on which the
participant has reached 55 years and completed ten years of credited service. Mr. Fernandez
and Mr. Lopez have met the hazardous duty criteria.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 3 City of Clearwater Printed on 6/8/2022