Pension Trustees

City of Clearwater City Hall 112 S. Osceola Avenue Clearwater, FL 33756 Meeting Agenda Monday, November 17, 2014 1:00 PM Council Chambers Pension Trustees Pension Trustees Meeting Agenda November 17, 2014 1. Call To Order 2. Approval of Minutes 2.1 ID#14-690 Approve the minutes of the October 13, 2014 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 ID#14-585 Approve the new hires for acceptance into the Pension Plan as listed. 4.2 ID#14-584 Approve the following request of employees Stephen Coward, Fire Department and Kathy LaBelle, Solid Waste General Services Department, to vest their pensions as provided by Section 2.419 of the Employees’ Pension Plan. 4.3 ID#14-583 Approve the following request of employees Mark Behring, Information Technology Department; Thomas Bracalento, Police Department; Randy Cline, Marine and Aviation Department; Diane Fitzgerald, Public Communications Department; Gregory Pippins, Solid Waste General Services Department; and William Tedder, Finance Department, for a regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan. 4.4 ID#14-664 Approve the recommended pension plan expenditures for fiscal year 2015, totaling $309,000. 4.5 ID#14-654 Approve a change in the Pension Plan’s actuarial cost method used for funding purposes, from the current Frozen Entry Age (FEA) method to the Entry Age Normal (EAN) actuarial cost method. 4.6 ID#14-655 Provide guidance regarding proposed actuarial funding policy for the Plan. 5. Adjourn City of Clearwater Page 2 Printed on 11/12/2014