12-28-1973 Regular Meeting•
PENSION BOARD MEETING
A meeting of the Miami Shores Village Pension Board was held on Friday Morning,
December 28th, 1973 at Uncle Johns Pancake House on Biscayne Boulvard.
The following were present:
Mayor James Condit
John McIntyre
John Fletcher
Michael Franco
Absent and out of town were:
Harry Smenner
Jim Glaid
Dean Miller Ann Vigneron
Tentative dates of a meeting with the Actuary (Wyatt Company representative) were
discussed and several days at 4:00 PM were agreeable to the majority.
A discussion was held on the possibility of increasing the maximum entry age from
45 to either 50 or 55. More information on costs, number of persons involved,what
other local municipal plans have, etc. was desired so that it could be studied at
some future meeting.
Mr. Franco made the motion and Mr. Smenner seconded, that Charles M. Pinder be
given his early retirement income as of January 1, 1974 of $456.85 monthly for
life. The motion was passed.
The meeting adjourned at 9:05 AM.
Approved:
9116N4A i///
airman
Respectfully submitted
Secretary
RETIREMENT PLAN FOR EMPLOYEES OF
VILLAGE OF MIAMI SHORES
Calculation of Early Retirement Income
1. Name
2. Date of birth
Date of employment
4. Normal retirement date
5. Early retirement date
6. Credited service at ERD
7. Age of participant as of early retirement date
8. Final monthly compensation
Basic Compensa- No. of
Year tion paid Months
1973 $13,351.83 12
1972 $12,670.00 12
1971 $11,721.00 12
1970 $10,848.00 12
1969 $10,066.00 12
$58,656.83 60
9. Accrued monthly retirement income
(a) 2% (.0200) x $977.61 = $19.55
(b) Item 6 x Item 9(a) =
Charles M. Pinder
August 23, 1917
May 1, 1947
September 1, 1975
January 1, 1974
26.667 years
56.333 years
$ 977.61•
$ 521.34
10. Actuarial reduction factor for male
age 56.333 years .8763
11. Monthly early retirement income payable
for life, first payment payable on
January 1, 1974 ($521.34 x .8763)
$ 456.85
Based on information supplied by the Village and the provisions of the plan, the
monthly early retirement income payable to Charles M. Pinder is $456.85. The first pay -
111 ment is due on January 1, 1974 with subsequent payments due on the first day of each suc-
ceeding month and the last payment being the payment due in the month in which death
occurs.
Prepared by: i,J.LLJI4.G)Ld
L. F. Wilson
Actuarial Assistant
Certified by: THE WYATT COMPANY
Actuaries for Plan
Reviewed by: %.Lez!z \S 2.6;44.
James L. Shaw, A.S.A.
Associate Actuary
THE OCZN COMPANY
/I4iaiiu �� U�GG[R
FLORIDA
3 3 1 3 8
TO; CHIEF JOHN FLETCHER
CHAIRMAN OF PENSION BOARD
FROM: CHARLES M. PINDER, DETECTIVE
REFERENCE: RETIREMENT AND PENSION
DEAR SIRS:
JOHN FLETCHER
CHIEF OF POLICE
17 DECEMBER 173
I AM REQUESTING THAT f BE RZTIRED FROM THE
MIAMI SHORES POLICE DEPARTMENT AS OF 1 JANUARY '74, AND
THAT MY PENSION PLAN BECOME EFFECTIVE AS OF THAT DATE.
THANK Y.0 FOR Y
0 COOPERATION:
CHARL
JETECTIVE.
e
Dates
Pension Board
Miami Shores Pension Plan
Miami Shores s Florida
Gentlement
I hereby apply for a service retirement annuity in
accordance with the provisions of Miami Shores Pension Plan to
take effect as of Aru r 74' , as of which
date I discontinued service with Miami Shores Village.
I desire to avail myself of the Reversionary Annuity
Option under the Plan and hereby designate my
who is dependent upon mei as my beneficiary. I wish to provide
for my beneficiary an annuity equal to F, of the amount of
my annuity.
I was born on «V AIPVJ. / �% ./*
My beneficiary was born on ./4
* To be verified by the Board.
Yours very truly,
•
t PLACE OF BIRTH
State Board of Health of Florida CERTIFICATE OF BIRTH
County 4000.
BUREAU OF VITAL STATISTICS � 1 94f�•�
�'i D / FILE NO
or
Precinct r REGISTRATION DISTRICT NO.
or (Write name, not number) . 1` \
Inc. Town . /� _ PRIMARY REGISTRATION DIST. NO -(I) V // REGISTERED NO .2O -s-•-
or `
City .... .. (No. / D IV\ St I Wird )
•
'FULL NAME OF CHILD i.4.t4eV ••i - { •Dlllmenoot Dnmd,romcYtald
°Sex of
'Twin, triplet, Number n order '�/p II�yyJ
Child / hj,� or othorl of birth 31I ,Ij��h°' / t
— (To he answered only In event ot�lural births) e� yuy�jJ _ j_ y
T�1 FATHER - OTHER.
NAM ��� w} e:
° RESIDENCE
COLOR
tt BIRTHPLACE
10 PULL
MAIDEN
NAME
04 RESIDENCE
l/
10 DOLOR ✓r,1^ I �, ADL AT LAST
BIXTXDAY..
tr BIRTHPLACE
is OCCUPATION
1° Number of children born to this mother, Including present birth / "Number of children of this mother now ILIng.', f
" CERTIFICATE OF ATTENDING PHYSICIAN' �~
1 hereby certify that I attended the birth of this child, who was..��.�.ig.M..
(Bo llye "•N I -o •1
on the date above stated.
When there was no attending physician or mid-
wife, then the lather, householder, etc., should
make this return. A stillborn child Is one that (Slannture).-.
neither breathes nor shows other evidence of life
afterbirth.
:s Given name added from a supplemental re-
IIROISTRAR
Address
/ 7
s+Filed J. .... I
Fenn V. SI. lee. 8. 2.5m biro. --7.1 -16 Drew 700988
CERTIFIED COPY
I HEREBY CERTIFY THE ABOVE TO BE A TRUE AND CORRECT COPY OF THE ORIGINAL
RECORD ON FILE IN THE BUREAU OF VITAL STATISTICS OF THE FLORIDA STATE BOARD OF
HEALTH AT JACKSONVILLE. FLORIDA.
I NOT VALID UNLESS THE SEAL OF THE FLORIDA STATE BOARD OF HEALTH 15 AFFIXED
1u3:"E. T. S•wil t %4,)
STATE REGISTRAR. i
CUtA3Fil (t) w,4i
DIRECTOR. BUREAU OF VITAL STATISTICS