SUBJECT/RECOMMENDATION:
Title
Recommend approval of the following request of Nathan Ballouz, Fire Department, Thelma Catio, Parks & Recreation Department, David Derrick, Police Department, Darrell Ford, Public Works Department, Shawn Lawrentz, Fire Department, John Llauget, Parks & Recreation Department, Frank McCormick, Solid Waste & Recycling Department, Jennifer Pauley, Fire Department, Mark Plyler, Gas Department, John Savage, Fire Department, Brian Schonborn, Fire Department, and Chris VanOpdorp, Fire Department for a regular pension as provided by Sections 2.416 and 2.424 of the Employees’ Pension Plan.
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SUMMARY:
Nathan Ballouz, Firefighter, Fire Department, was employed by the City on May 16, 1994, and his pension service credit is effective on that date. His pension will be effective January 1, 2026.
Based on an average salary of approximately $111,318.42 over the past five years, the formula for computing regular pensions and Mr. Ballouz’s selection of the 100% Joint & Survivor Annuity, this pension benefit will be approximately $95,304.36 annually.
Thelma Catio, Recreation Leader II, Parks & Recreation Department, was employed by the City on April 3,1995, and her pension service credit is effective on December 17, 2001. Her pension will be effective March 1, 2026.
Based on an average salary of approximately $54,129.24 over the past five years, the formula for computing regular pensions and Ms. Catio’s selection of the Single Life Annuity, this pension benefit will be approximately $36,018.84 annually.
David Derrick, Police Officer, Police Department, was employed by the City on July 21, 1997, and his pension service credit is effective on that date. His pension will be effective February 1, 2026.
Based on an average salary of approximately $111,356.69 over the past five years, the formula for computing regular pensions and Mr. Derricks’s selection of the 100% Joint & Survivor Annuity, this pension benefit will be approximately $83,690.88 annually.
Darrell Ford, Streets & Sidewalks Supervisor, Public Works Department, was employed by the City on September 16, 1996, and his pension service credit is effective on that date. His pension will be effective February 1, 2026.
Based on an average salary of approximately $70,195.68 over the past five years, the formula for computing regular pensions and Mr. Ford’s selection of the 100% Joint & Survivor Annuity, this pension benefit will be approximately $48,768.00 annually.
Shawn Lawrentz, Fire Lieutenant, Fire Department, was employed by the City on October 31, 2005, and his pension service credit is effective on that date. His pension will be effective January 1, 2026.
Based on an average salary of approximately $143,357.53 over the past five years, the formula for computing regular pensions and Mr. Lawrentz’s selection of the 100% Joint & Survivor Annuity with the 30% partial lump sum, this pension benefit will be approximately $54,232.92 annually.
John Llauget, Recreation Supervisor, Parks & Recreation Department, was employed by the City on December 23, 1985, and his pension service credit is effective on September 14, 1987. His pension will be effective January 1, 2026.
Based on an average salary of approximately $71,273.59 over the past five years, the formula for computing regular pensions and Mr. Llauget’s selection of the Single Life Annuity, this pension benefit will be approximately $71,273.64 annually.
Frank McCormick, Solid Waste Equipment Operator, Solid Waste & Recycling Department, was employed by the City on December 15, 2003, and his pension service credit is effective on that date. His pension will be effective October 1, 2025.
Based on an average salary of approximately $56,025.00 over the past five years, the formula for computing regular pensions and Mr. McCormick’s selection of the Single Life Annuity with the 30% partial lump sum, this pension benefit will be approximately $23,471.88 annually.
Jennifer Pauley, Fire Medic Lieutenant, Fire Department, was employed by the City on May 7, 2001, and her pension service credit is effective on that date. Her pension will be effective February 1, 2026.
Based on an average salary of approximately $141,770.18 over the past five years, the formula for computing regular pensions and Ms. Pauley’s selection of the 50% Joint & Survivor Annuity with the 30% partial lump sum, this pension benefit will be approximately $68,431.68 annually.
Mark Plyler, Gas Systems Specialist, Gas Department, was employed by the City on May 28, 1996, and his pension service credit is effective on that date. His pension will be effective June 1, 2026.
Based on an average salary of approximately $78,540.89 over the past five years, the formula for computing regular pensions and Mr. Plyer’s selection of the Single Life Annuity, this pension benefit will be approximately $64,808.28 annually.
John Savage, Firefighter, Fire Department, was employed by the City on March 10, 2003, and his pension service credit is effective on that date. His pension will be effective February 1, 2026.
Based on an average salary of approximately $98,913.57 over the past five years, the formula for computing regular pensions and Mr. Savage’s selection of the 100% Joint & Survivor Annuity with the 30% partial lump sum, this pension benefit will be approximately $41,054.76 annually.
Brian Schonborn, Fire District Commander, 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, 2026.
Based on an average salary of approximately $138,637.86 over the past five years, the formula for computing regular pensions and Mr. Schonborn’s selection of the 100% Joint & Survivor Annuity with the 30% partial lump sum, this pension benefit will be approximately $81,687.12 annually.
Chris VanOpdorp, Driver-Operator, Fire Department, was employed by the City on October 31, 2005, and his pension service credit is effective on that date. His pension will be effective January 1, 2026.
Based on an average salary of approximately $99,304.46 over the past five years, the formula for computing regular pensions and Mr. VanOpdorp’s selection of the Joint & Survivor Annuity with the 10% partial lump sum, this pension benefit will be approximately $49,456.20 annually.
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. Ms. Catio, Mr. Ford, Mr. Llauget, Mr. McCormick, and Mr. Plyler have 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 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. Mr. Ballouz, Mr. Derrick, Mr. Lawrentz, Ms. Pauley, Mr. Savage, Mr. Schonborn, and Mr. VanOpdorp have met the hazardous duty criteria.
APPROPRIATION CODE AND AMOUNT:
n/a
USE OF RESERVE FUNDS: n/a