01-07-2000 Board Meeting
MINUTES
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City of Clermont
Firefighter Pension Board of Trustees
January 7, 2000
Meeting started at 10:10 a.m. at the Police Department Community Services Room.
Board Members present were Paul Anderson, Daryl Hyatt, Councilman Keith Mullens,
Harold Cummings and Bo Waldrop. Finance Director Joe Van Zile was also present.
Minutes of the November 16, 1999 meeting wer approved. Motion by E~~~~
seconded by ~ ° -~--.
Paul Anderson was approved as Chairperson. Motion by Bo Waldrop, seconded by Keith
Mullens. Bo Waldrop was approved as the Secretary. Motion by Paul Anderson,
seconded by Daryl Hyatt. Noted that Joe Van Zile will share in orchestrating the minutes
and confirm dates of meetings.
Paul Anderson discussed that the current pension plan lacked several items of the State
Statue, Chapter 175, such as Definition of Salary, 42% disability, presumptive illnesses
and others. Joe Van Zile suggested the Board wait for the League of Cities latest
recommendations before altering the current plan. Bo Waldrop agreed and recommended
to get more information and to be on a timeline to get it done. Mr. Waldrop suggested
that Chairperson Anderson reduce to writing the differences in the present Chapter 175
and the Clermont Pension Plan. There was discussion of the balance of the Volunteer
Fund, the soundness of the fund and how the funds are distributed to the members.
Trustee members discussed the following possible changes to the firefighter benefit
amounts:
• Increase the benefit accrual rate for full-time firefighters from 2.0% to 3.0%
or comparable to police officers.
• Change the benefit accrual rate for volunteer firefighters from the current
$5.00 per year to an amount based a percentage of earnings, with a minimum
of $5.00/year.
Joe Van Zile indicated we would contract the Florida League of Cities to obtain cost
information pertaining to both options. Daryl Hyatt stated if employees are contributing a
percentage and the City is not, then the City should be the first to supplement the fund.
Board consensus that the City of Clermont should match contributions given to Police
and Fire Pension Fund. Harold Cummings made a motion that the Board should have a
long term (strategic plan) and a short term (tactical plan). Bo Waldrop seconded the
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motion. The next meeting was tentatively scheduled for January 13 or January 20. Joe
Van Zile will make notification.
Meeting adjourned at 11:15 a.m.
l
Chairman
~ a~
Secretary