HomeMy WebLinkAboutHandouts_Pension Joint_02/24/2009~IANSON, PERRY $~ JENSEN, P..t~..
400 EXECUTIVE CENTER DRIVE, SUITE 207 -WEST PALM BEACH. FLORIDA 33401-2922
JILL HANSON*
mjhanson ~ hpjlaw.com
ANN H. PERRY
apeTry~hpjlaw.com
BONNI SPATARA JENSEN
tssjensen ~ hpjlaw.com
'woo AoutrtTeo ~N N.Y.
TO:
FROM:
DATE:
SUBJECT:
MEMORANDUM
TELEPHONE (561)686-6550
FACSIMILE (561)686-2802
Lori McWilliams, Pension Coordinator
Tequesta Public Safety Officers' Pension Fund
Bonni S. Jensen
Fund Legal Counsel
February 20, 2009
Legal Opinion Regarding Definition of Salary - "Career Service Benefrt"
This is in response to your request for clarification of total remuneration and whether
or not the "Career Service Benefit" is included as total remuneration as defined in the Plan
document.
It is my legal opinion that the Career Service Benefit is an item of salary which
should be included in total remuneration paid to a police officer for services rendered.
Additionally, at their August 4, 2008 meeting, the Board of Trustees included that
component in salary as provided for on the attached spreadsheet.
8SJ/ka
H:\Tequesta PS 10i 1~Pian Docs & RuleslTotal Remuneration Memo.wpd
PUBLIC SAFETY PENSION FUND -PENSIONABLE INCOME
Public Safety Employees Compensation/Benefrts Included in Pensionable Income
1 _ Base Pay Yes
2_ Bonuses ~ Yes
3. Career' Service annual award Yes
4. Hol'~day Pay Yes
5. Incentives Yes
6. Overtime Yes
7. S'~dc Leave Payout on termination Yes
8. Sick-Leave Buy-Bads Yes
9. Straight Time Yes
10. Car Allowance No
11. Cbthing Allowance No
12. Shoe/Boot Allowance No
Updated 5/23108