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01/10/2008 PENSION ADVISORY COMMITTEE MEETING MINUTES CITY OF CLEARWATER January 10, 2008 Present: Nathan Hightower Chair Tom Jensen Vice-Chair John Schmalzbauer Committee Member Carlen Petersen Committee Member/Councilmember John Doran Committee Member/Councilmember Stephen Sarnoff Committee Member Paul Gibson Committee Member/Councilmember Also Present: Joe Roseto Human Resources Director Patricia O. Sullivan Board Reporter The Chair called the meeting to order at 9:00 a.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 2 - Approval of Minutes – December 13, 2007 Member Doran moved to approve the minutes of the regular Pension Advisory Committee meeting of December 13, 2007, as submitted in written summation to each board member. The motion was duly seconded and carried unanimously. 3 – Employees to be Heard – None. 4 – Action Items: a. Review and Action on Employee Requests for Regular Pensions: 1. Ralph D. Basnight/Gas Member Petersen moved to approve the request for a regular pension for Ralph D. Basnight. The motion was duly seconded and carried unanimously. b. Review and Action on Employee Requests to Vest Pensions: 1. Amy Courtney, Customer Service Amy Courtney, Customer Service, has resigned her position after being employed by the City for more than 10 years. She will qualify to receive her reduced pension beginning December 1, 2016. Pension Advisory 2008-01-10 1 2. Alan Uhr, Police Alan Uhr, Police, has changed status from full-time to part-time after being employed by the City as a full-time employee for more than 10 years. He will qualify to receive his reduced pension beginning December 1, 2009. Member Schmalzbauer moved to recommend approval of the requests by Amy Courtney and Alan Uhr to vest their pensions. The motion was duly seconded and carried unanimously. c. Approval of New Hires as Plan Members: Member Doran moved to accept the following employees into membership in the Pension Plan: Pension Eligible Name, Job Class, & Dept./Div Hire Date Date John Fischer, Maintenance Worker II/General Services 11/13/07 11/13/07 Joi Limpkin O’Neal, Police Comm. Operator Trainee/Police 12/10/07 12/10/07 Michael Quinzi, Parks Service Tech. III/Parks & Recreation 12/03/07 12/03/07 Miguel Tambucho, Recreation Leader/Parks & Recreation 12/10/07 12/10/07 Christopher Britt, Public Utilities Technician I/Public Utilities 12/10/07 12/10/07 Benjamin Futral, Customer Service Rep. /Customer Service 12/10/07 12/10/07 Wendy Heminover, Recreation Programmer II/Parks & Rec. 12/08/07 12/08/07 Rayshawn Larry, Police Cadet/Police 12/10/07 12/10/07 David Huff, Police Communications Operator Trainee/Police 12/10/07 12/10/07 Indira Witcombe, Police Comm. Operator Trainee/Police 12/10/07 12/10/07 Michelle Mann, Police Comm. Operator Trainee/Police 12/10/07 12/10/07 Patricia Schauer, Firefighter/Fire 11/26/07 11/26/07 James Stanley, Building Con. Inspector/Dev. & Neigh. Svcs. 12/10/07 12/10/07 The motion was duly seconded and carried unanimously. 5 – Pending/New Business – None. 6 – Director’s Reports Human Resources Manager Joe Roseto said money is budgeted for PAC (Pension Advisory Committee) members to attend the Pension Attorney’s annual training conference in Ft. Lauderdale, March 9 – 12, 2008. In response to a comment, Mr. Roseto said union members on the PAC serve as City employees. Finance Director Margie Simmons and Member Jensen reported on additional training seminars regarding actuary and investment issues. Pension Advisory 2008-01-10 2 7 - Committee Members to be Heard Member Doran said he had missed last month's meeting as instead he landed and was launched off the deck of the USS Ronald Reagan. 8 - Adiourn The meeting adjourned at 9:07 a.m. ;)vve jJ~~, Chair Pension Advisory Committee - Pension Advisory 2008-01-10 3