SUBJECT/RECOMMENDATION:
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Recommend approval of the following request of employees Leviticus McKinnon, Parks & Recreation Department, Shirlene Spata, Police Department, and Miguel Tambucho, Fire Department to vest their pension as provided by Section 2.419 of the Employees’ Pension Plan.
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SUMMARY:
Leviticus McKinnon, Parks Service Technician II, Parks & Recreation Department, was employed by the City on April 22, 2013, and his pension service credit is effective on that date. Mr. McKinnon terminated from City employment on April 21, 2025.
Shirlene Spata, Payroll Technician, Police Department, was employed by the City on October 6, 2014, and her pension service credit is effective on that date. Ms. Spata terminated from City employment on April 2, 2025.
Miguel Tambucho, Beach Lifeguard, Fire Department, was employed by the City on December 10, 2007, and his pension service credit is effective on that date. Mr. Tambucho went to a part-time position January 27, 2024.
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 five or more years (non-hazardous duty) and ten or more years (hazardous duty) 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 (1/1/13), a member shall be eligible for retirement following the earlier of the date on which a participant has reached the age of fifty-five (55) years and completed twenty (20) years of credited service; the date on which a participant has reached age sixty-five (65) years and completed five (5) years of credited service; or the date on which a member has completed thirty (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 sixty (60) years and completed twenty-five (25) years of credited service; or the date on which a participant has reached the age of sixty-five (65) years and completed five (5) years of credited service. Mr. McKinnon will meet the non-hazardous duty criteria and begin collecting a pension in October of 2037. Ms. Spata will meet the non-hazardous duty criteria and begin collecting a pension in November of 2026. Mr. Tambucho will meet the non-hazardous duty criteria and begin collecting a pension in January of 2028.
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 (20) years of credited service regardless of age, or the date on which the participant has reached fifty-five (55) years and completed ten (10) years of credited service.
APPROPRIATION CODE AND AMOUNT:
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USE OF RESERVE FUNDS:
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