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HomeMy WebLinkAboutDocumentation_Pension General_Tab 07_2/16/2006AFFIDAVIT • 1, ,hereby release the General Employees' Pension Trust Fund of the Village of Tequesta from any further liability to me for any form of benefits under the Pension Plan. THIS FORM MUST BE SIGNED IN THE PRESENCE OF A NOTARY PUBLIC. EMPLOYEE'S SIGNATURE DATE State of Florida County of Sworn to (or affirmed) and subscribed before me this day of , 20_, by ,who is personally known to me or who produced the following identification: Notary Public (notary seal] • Print, type or stamp name of Notary r~ ~J VILLAGE OF TEQUESTA LUMP SUM BENEFIT PAYMENT AUTHORIZATION • ^ General Employees Pension Trust Fund ^ Public Safety Officers Pension Trust Fund ^ Rollover ^ Distribution PAYEE DATA Tax Form Address ^ (same as mailing address) Mail check to: ^ Pa ee ^ Financial Institution/Direct De osit ^ Check if ayee is a beneficiary Payee Name (Last, First, Middle) Address Address City City Reason for separation of service: ^~ Normal termination Social Securit Number ^ Resigned Partici ant Census Information ^ Normal retirement Date of birth : Date of hire: ^ Early retirement ^ Death benefit from the account of: Date of entry: Date of separation of service: Direct rollover Participant has elected a direct rollover ^ Disability retirement ^ Direct rollover to IRA Information If yes, answer the following: ^ Yes ^ No ^ Direct rollover to qualified plan Other Amount of Rollover AUTHORIZATION SIGNATURES: Employer: Employee: Total: BO (Name of Participant) Finance Director Date Account number: Secretary Board of Trustees Date Address of financial institution: Board of Trustees Date Distribution information prepared by: D' 'b t' In ormation f Employee Signature tstrt u ton Benefits Em to er Em to ee Total Taxable Non-taxable Total gross 20% mandatory withholdin Total check amount Date • BOARD OF TRUSTEES Village of Tequesta General Employees Pension and Trust Fund ADMINISTRATIVE RULES • February 2006 • -: TABLE OF CONTENTS PART 1 -GENERAL PROVISIONS ..................................... 1.1 Purpose ....................................................... 1.2 Definitions ..................................................... Pension Board ............................................. Pension Code ........................................... Pension Fund ............................................. Municipality ....... . ..........:.......................... . Definitions of the Ordinance ................................. . PART 2 -ADMINISTRATION ........................................... . 2.1 Board.Creation ............................... ................. 2.2 Terms of Office ................................................. 2.3 Election Procedure ........ ...................................... Setting Date for Election of Employee-Trustees .................. . Sixty (60) Day Notice of Vacancy ............................. . Employee-Trustees ................................... Village Trustee ...................................... . Fifth Trustee ............. ......................... . Election of Employee Trustees ............................... . Notice of Candidacy .................................. . Certified List of Eligible Candidates ...................... . Election Judges ...................................... Election Procedure ................................... . Election Results ..... .............................. . Run-off Election ..................................... . Election Challenges .................................. . Certification of Election Results ......................... . Mid-Term Vacanaes ........................................ Declaring Vacancy .................................... Filling of Vacancies ................................... . Employee-Trustee .............................. . Village-Trustees ................................ . Calendar Days ....................................... 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 5 5 PART 3 -COMPENSATION AND EXPENSES .............................. 6 3.1 Compensation and Reimbursement of Expenses ......... . ............. 6 3.2 Reimbursement of Expenses ............. ...................... 6 3.3 Refund of Employee Contributions .............................. 6 3.4 Payment practices ............................................... 6 February 2006 • PART 4 -MEETINGS ............. . 4.1 Meetings .................... 4.2 Emer ........... .................. ................ 7 4.3 gency Meetings ................ ...................... 7 Location of Meetings ' ' ' • • • • • • • - • 7 4.5 Time of Meetings ~ • ~ - • 4 Notice of Meetings ........... . . ..::.............................. 7 -~ Open Meetings; Exceptions _ 4.8 Order of Business ...........:•.....' ........................... g Minutes 4.9 Quorum :...................................................... g ........... ........... 8 PART 5 ......... ..................... 8 -PENSION BOARD OFFICERS AND EMPLOYEES 5.1 Officers 5.2 .Employees '--• .................... ................... g 5.3 Duties oft .................................................. . g 5.4 Duties he Chairperson ................. . . .................... 9 of the Secretary .................................•......... g PART 6 -RECORD KEEPING AND REPORTING REQUIREMENTS 9 6.2 Minutes of Meetings 1 6.3 Correspondence File ~ ................ ............ 10 6 Investment File ............... . ' • - .... .................. 10 6.4 Litigation File ..................... .......................... . 0 6.5 Annu •• .........................•..................... 10 6.6 al Report by the Pension Board .... _ • • ~ • ' ' ' ' ' ' • • • • • • • • • • • 10 • 6.7 Record keeping as to Employee Participants ... • .................... 10 6.8 keePm9 as to Retirees ........ , ..... ' ' ' ... • • • • • • • - .. 10 6.9 Record keeping as to Separated Members ~ • • ~ ' ' ' ' ' ' ' ' • • • • - • • • 11 Confidentiality 1 6.10 Florida Public Records Law or ••••~•~••~••~"""•••••••••••....... 2 Freedom of Information Act Requests 12 PART 7 -ADJUDICATION RETIREMENT PENSION CLAIMS .. 12 7.1 Appeal procedures 7.2 .................. •.............. 13 Subpoenas ......................................... .......... 13 PART 8 -INVESTMENT POUClES ...: • - • . • • • - - 14 8.1 Purpose .... .............. ...... ..... 15 PART9-INCOME DEDUCTION ••...-.••.••.•'~••~•••~~'-"'••• 15 9.1 Income Deduction Ord ORDERS .................. • • • , Assignment of Benefits Upon Divorce ~ . - • ~ ~ ~ ~ " • ~ • • ' • ' ' ' ' • • • • • • • 16 Filing of Claims .... '"""•••••••••••.. 16 Definitions ..........' ...............................:•... 16 nlcometDedu ee ............................. ' ..:.... 16 Desi ction Order .. • .. • . • • • • • .. 16 gnation of Representative ' ' ' ' ' • • • 16 Payment of Benefits Pending Trustees' Decision .. _ • • " " - " ' ' ' ' ' ' 16 • February 2006 • " " " " " " 16 • ADMINISTRATIVE RULES -SIGNATURE PAGE .................:......... 17 APPENDIX "A" EXPENSE POLICY ...................................... 18 APPENDIX "B" EXPENSE REPORT /REIMBURSEMENT VOUCHER .......... 19 APPENDIX "C" Application for Membership ............................... 20 Vested Terminated Empbyee ..................................... 21 APPENDIX "D" APPLICATION FOR BENEFITS ............................ 22 Acknowledgments ................................................... 25 APPENDIX "E" Vested Terminated Employee ............................. 27 • • February 2006 • PART 1 -GENERAL PROVISIONS 1.1 P ose. The purpose of these rules is to establish uniform procedures for the implementation of Ordinance No. 585, Exhibit A of the Village of Tequesta and applicable provisions of Chapter 112 of the Florida Statutes and the administration of the Village of Tequesta General Employees Retirement Plan. These rules are also promulgated for the benefit of and to provide guidance to retirement plan members, participants and beneficiaries and are available for inspection at the office of the Retirement Plan. 1.2 Dgfnitions. As used in these rules, the terms set forth below shall have the following definitions and meanings, except when the context of the rule specifies and requires a different meaning. 1) Pension Board. "Pension Board" shall mean the BoarcJ of Trustees of the Village of Tequesta General Employees Retirement Plan as established under Village Ordinance No. 585, Exhibit A. 2) Pension Code. "Pension Code" means the provisions contained in Village Ordinance No. 585, Exhibit A. 3) Pension Fund. "Pension Fund" shall mean the pension fund established pursuant to Village Ordinance No. 585, Exhibit A for the benefit of the • participants and beneficiaries of the Fund. 4) Municipality. "Municipality" shall mean the Village of Tequesta, Florida. 5) Definitions of the Ordinance. The definitions contained in Village Ordinance No. 585, Exhibit A shall be deemed to be the definitions incorporated in these Rules. • February 2006 PART 2 -ADMINISTRATION -- 2.1 Board Creation. The Village of Tequesta General Employees Retirement Plan is created pursuant to Village Ordinance No. 585, Exhibit A. The composition of the Pension Board is to be governed by the provisions of the ordinance. 2.2 Terms of Office. a) Each employee trustee of the Village of Tequesta General Employees Retirement Plan shall serve a two year term of office. b) The resident members appointed by the Village Council shall serve a two year term at the pleasure of the Council so long as the trustee remains a resident of the Village. c) The fifth trustee shall serve a two year term of office. 2.3 Election Procedure. a) Bettina Date for Election of Employee-Trustees. At least sixty (60) days before the end of the term of each Employee-Trustee, the Board of Trustees should set the date, for an election to be held, if possible, thirty (30) days before the term expires. At the same time, the Board of Trustees should set the date, for arun-off election to be held, if possible, ten (10) days before the term expires. b) Sixty (60) Day Notice of Vacancy. At least sixty (60) days before the end of each Trustee's term, the administrative manager/pension coordinatorfor the plan should take the following action: 1) Employee-Trustees. Notice of the election and run-off election should be given by posting a Notice on all bulletin boards in the department where notices to employees are posted, and by requesting the department to publish the notice in any newsletter delivered to employees. The Notice shall include: A) The date the Employee-Trustee's term expires; B) A declaration that the expiring position is for an employee Trustee; • C) A request for candidates to submit a written notice of their candidacy to the Board of Trustees by a date certain (no later than forty- five (45) days before the Employee-Trustee's term expires); and February 2006 • D) The date, of the election and, if necessary, the run-off election. 2) Village Trustee. Notice shall be given in writing. to the Mayor and Village Clerk. The Notice shall include: A) The date the Village Trustee's term expires; B) A request for the Village to appoint a Trustee before the .Village Trustee's term expires. 3) Fifth Trustee. Notice shall be posted in writing. The Notice shall include: A) .The date the Fifth Trustee's term expires; B) A request for the remaining four (4) trustees to select by majority vote a fifth (5th) Trustee. c) Election of Employee Trustees 1) Notice of Candidacy. Each prospective candidate must submit his or her name to the Board of Trustees in writing no later than forty-five • (45) days before the date of the election, or by such other time as set by the Board of Trustees. 2) Certified List of Eligible Candidates. Before the election, the Board of Trustees shall certify those candidates who are full-time employees who are eligible to be elected as an Employee-Trustee. These are the only candidates eligible for election, there shall be no write-in candidates. If only one candidate is certified, the election will not be held and the certified candidate will be deemed elected. . 3) Election Judges. At the same time as the fist of eligible candidates has been certified, the Board of Trustees shall appoint two (2) non- . candidates to be election judges. 4) Election Procedure. Election for Employee-Trustees shall be by secret mail ballot. Each official ballot shall be embossed with the stamp of the Board of Trustees and mailed to each currently employed participant in the Village of Tequesta General Employees Retirement Plan. As soon as the mail has been received on the election date, the ballots shall be counted in public. Ballots not clearly marked and any ballots with more votes than vacant positions shall not be counted, but shall be kept separately. If more than one trustee position is vacant, then each employee shall vote for two trustees. All • 3 February 2006 • ballots shall be turned over to the Board of Trustees by the judges with a tally of the election results. 5) Election Results -The top vote getter shall fill the vacant Employee- Trustee position. In the event there are 2 vacant Trustee positions, the top two vote getters shall fill the vacant positions. 6) Run-off Election. In the event of a tie which will affect the outcome of the election; then the 2 candidates who are tied shall be in the run-off election. 7) Election Challenges. Any challenge to an election must be given in writing to the Board of Trustees within five (5) days of the date of the election, or run-off election, as applicable. A challenge shall not stop a run-off election from being held. 8) Certification of Election Results. A) The Board of Trustees shall certify the election results. B) The Board of Trustees shall resolve all challenges to an election and may schedule a new election, if deemed appropriate, or take other action to resolve any • challenges. d) Mid-Term Vacanaes. 1) Declaring Vacancy. If a Trustees resigns, is removed or becomes ineligible to serve, the Board of Trustees shall declare, by resolution, the office of the Trustee vacated. 2) Fillin4 of Vacancies. A) Employee-Trustee. If the vacancy occurs less than ninety (90) days before the Trustee's term was due to expire, the vacancy shall be filled at the next regular election as provided in these Rules and Regulations. Otherwise, the vacancy shall be filled for the unexpired portion of the term by a new election as provided in these Rules and Regulations. The Board of Trustees may reduce the time required for notice of the election, notice of candidacy, or any other time limits to expedite a new elecfion. • February 2006 • __ B) Village-Trustees. The Board of Trusteesshall notifythe Mayor and Village Clerk in writing of the vacancy and request the appointment of a Successor Trustee. e) Calendar Davs. All days are calendar days. • • February 2006 5 • PART 3 -COMPENSATION AND EXPENSES 3.1 Compensation and Reimbursementof Expenses. Pension Board Trustees are not entitled to receive any compensation for service performed as trustees. 3.2 Reimbursement of Expenses. A Trustee shall be reimbursed only for expenses properly and actually incurred in the performance of his or her duties with the Plan in accordance with the Village of Tequesta General Employees Retirement Fund Statement of Policy for Trustee Expenses, attached as Exhibit"A". Reimbursement shall be requested by completing .the report of travel expenses form attached as Exhibit "B". 3.3 Refund of Employee Contributions. Members who are eligible for a refund of contributions in lieu of any benefit under the plan shall submit the applicafion for the refund. Upon the Finance Department receiving and verifying all the required data, refunds shall be made. between meetings and ratified at the following meeting. 3.4 Payment practices. a) No payments shall be made without the approval of the Board of Trustees, except refunds of employee contributions in accordance with the above. • b) Two signatures are required for all disbursements. • February 2006 6 • _, PART 4 -MEETINGS 4.1 Meetings. a) The Pension Board shall hold quarterly meetings in February, May, August, and November of each year. These meetings will be held on the third Monday of the designated month. In the event that the regular meetings cannot proceed on the third Monday of the designated month, the meeting will be re-scheduled at the earliest possible date convenient to all of the Pension Board Trustees. b) The Pension Board may agree to meet more than four times a year. The Pension Board may agree to meet either monthly or bi-monthly if, in the Pension Board's determinatbn, such meetings are necessary forthe prudent and efficient administration of the affairs and activities of the Pension Fund. 4.2 Emergency Meetings. a) The Chairperson of the Village of Tequesta General Employees Retirement Plan may call special meetings in emergency or unforseen situations, upon reasonable notice to all of the Pension Board's trustees. The reasons for such emergency meetings shall include but not be limited to: • 1) discussion of pending or threatened litigation; 2) discussion of investment activity; 3) discussion of pension fund applications; 4) discussion of retirement pension requests. b) Any Pension Board trustee may request an emergency meeting by serving written notice upon all other trustees at least seven (7) days prior to the date of the emergency meeting. 4.3 Location of Meetings. a) Unless otherwise specified, all meetings of the Village of Tequesta General Employees Retirement Plan will be held at the Public Safety Department. Changes in the location of the meeting will be posted at least 7 days prior to the meeting. 4.4 Time of Meetings. Unless otherwise specified all regularly scheduled meetings and all emergency meetings shall begin at 8:00 a.m. 4.5 Notice of Meetings. a) .Notice ~of all regularly scheduled meetings shall be posted at least 7 days • prior to the meeting. February 2006 • b) Notice of any emergency meetings will be posted as far in advance of the meeting as is reasonably practicable under the circumstances. 4.6 Open Meetings:Exceptions. All Pension Board meetings are open to the public except for discussion of those matters which are the subject of statutory exceptions to §286.011(8), Florida Statutes, the "Florida Sunshine Law". 4.7 Order of Business. a) All meetings of the Village of Tequesta General Employees Retirement Plan shall be conducted under an agenda. b) The rules of procedure to be followed at such meetings will be Robert's Rules of Order, unless Robert's Rules of Order conflict with the Pension Code or the Rules of the Village of Tequesta General Employees Retirement Plan. 4.8 Minute . Minutes of all Retirement Plan Board meetings shall be kept in accordance with the record keeping provisions set forth. in Part 4 of these Rules. 4.9 uorum. a) A quorum of the Village of Tequesta General Employees Retirement Plan • shall consist of at least three trustees. The approval of any and all Pension Board business shall require the affirmative vote of three (3) trustees at any given meeting. b) Each trustee in attendance at a meeting shall be entitled to one (1) vote per item requiring a vote. U February 2006 • PART 5 - PENSIOl~ BOARD OFFICERS AND EMPLOYEES 5.1 Offic rs. The officers of the Village of Tequesta General Employees Retirement Plan shall be: the chairperson and secretary. Pension Board may elect other officers as deemed necessary. The officers shall be elected annually at the October meeting of the Board or the next meeting immediately following October, if there is no October meeting. 5.2 Employees. The Pension Board may, in its discretion, hire employees to carry out certain duties and functions of the Pension Board. The duties of any such employees and compensation will be specfied in the minutes of the Pension Board meeting establishing the employment relationship.. The Board may also retain the services of an Administrator, Legal Counsel, Consultant, Actuary.. Investment Manager and other service providers .pursuant to an agreement under terms acceptable to the Board. 5.3 Duties of the Chairperson. The Chairperson shall preside over all functions and duties of the Pension Board, unless such functions or duties are specifically delegated to other trustees, employees or agents of the Pension Board. The Chairperson shall. preside over all meetings of the Pension Board and execute all orders, certifications and other documents necessary to carry out the affairs and activities of the Pension Board. • 5.4 Duties of the Secretary. The Secretary shall be responsible for the performance of the following duties and functions: a) Preside over any and all meetings in the absence of the Chairperson; b) Execute any and all documents on behalf of the Pension Board; c) Certify the authenticity of all resolutions or documents of the Pension Board; d} Maintain the financial records of the Fund in the Finance Department; e) Be the custodian of all Pension Board records, minutes of meetings and documentation; f) Record and transcribe the minutes of all regular, special and emergency meetings of the Pension Board; g) Perform all other duties necessary to the administration of the Pension Board, at the direction of the Pension Board. h) .The duties contained in items c-g may be delegated to a pension coordinator as selected by the Board: ., February 2006 9 • PART 6 -RECORD KEEPING AND REPORTING REQUIREMENTS 6.1 Minutes of Meetings. The Secretary shall keep and maintain minutes of all public meetings and shall keep and maintain separate minutes of matters heard in closed session. 6.2 Correspondence File. The Pension Board shall maintain a general correspondence file with copies of all correspondence sent or received by the Pension Board, including contracts entered into by the Board with legal counsel, investment managers and other persons employed or .retained by the Pension Board. 6.3 Investment File. The Pension Board shall maintain on an annual basis, an investment file containing all documentation and correspondence relating to investment activity each year. 6.4 Litigation File. The Pension Board shall maintain a separate file as to all matters in litigation. If the litigation involves the denial of retirement pension, the litigation may be maintained as a part of the applicant's file. 6.5 Annual Report by the Pension Board. a) The Pension Board shall also submit an annual report to the Municipality as to the general condition of the Pension Fund. b} The annual report shall contain the following information: 1. The assets of the Pension Fund 2. The estimated receipts during the next succeeding calendaryearfrom the deductions of the salaries of employees and all other sources; 3. The estimated amount required during the next calendar year to pay all pensions and other obligations of the Pension Fund and to meet the annual requirements of the Pension Fund for the Village's portion or the financing of the Pension Fund. c) The Actuarial Valuation may serve as this annual report. 6.6 Record keeping as to Employee Participants. a) A file shall be maintained on each active employee who is a participant and member of the Pension Fund. Records shall be maintained in the Finance Department as a part of his or her personnel file. Each active member's file should contain, if available, the following documentation: • February 2006 ~ 0 • • 1. .Application for Membership (attached as Appendix "C°); 2. A record of the participant's contributions and service credits on an annual basis; 3. Yearly creditable service reports received from the Village (if any); 4. Copies of any orders and decisions of the Pension Board denying a retirement pension filed by the participant; 5. Designation of beneficiary form; 6. Ali correspondence from the participant and a copy of any correspondence to the participant. 6.7 b) Each participant shall be required to complete a Designation of Beneficiary Form. Record keeQing as to Retirees. a) Retiree. A file shall be maintained on all retired members of the Pension Fund. Each retired member's file should contain the following documentation. 1. Application for retirement benefits (attached as Appendix "D"); 2. Documentation as to Benefit Computations a. Date of Birth; b. Date of Hire; c. Date of Retirement; d. Creditable Service Records; e. Applicable Pension Rates; f. Satary attached to the job held by the pension applicant; g. All documents previously maintained pursuant to 6.6 above. h. Certificate of marriage, if applicable, and personal information on spouse. b) Vested deferred retiree. A file shall be maintained on all vested deferred retirees of the Pension Fund. Each file should contain the following documentation. 1. Application for vested deferred retirement (attached as Appendix "E"); 2. Documentation as to Benefit Computations a. Date of Birth; b. Date of Hire; c. Date of Retirement; d. Creditable Service Records; e. Applicable Pension Rates; f. Salary attached to the job held by the pension applicant; g. All documents previously maintained pursuant to 6.6 above. • February 2006 ~~ • h. Certificate of marriage, if applicable, and personal information on spouse. Upon reaching normal or early retirement, the member will need to complete an Application for retirement benefits (attached as Appendix "D") to initiate the payment of benefits. . 6.8 R r kee in as to Se ar ted Members. A file shall be maintained on each participant and Pension -Fund member who withdraws from the Pension Fund. Each file should contain the following documentation: a) Written application withdrawing from the Pension Fund and requesting a refund of contributions; b) Service date documentation; c) Documentation as to how refund was computed; d) Copy of canceled check or other documentation indicating payment of refund; e) All documents previously maintained pursuant to 6.7 above. 6.9 Confidentiality. To the extent permitted bylaw, all records of the Pension Board shall. be considered confidential and not subject to disclosure to the general public. 6.10 Florida Public Records Law or Freedom of Information Act Requests. Any request • for rnformatron or to review documentation made pursuant to the Florida Public Records Law or the Freedom of Information Act shall be handled by the Pension Board's legal counsel. A copy of the request for information should be immediately sent to the Pension Board's legal counsel. • February 2006 12 • PART 7 -ADJUDICATION RETIREMENT PENSION CLAIMS 7.1 Appeal procedures. a) The applicant for benefits under these Rules and Regulations may, within twenty (20) days after being informed of the denial of his request for pension benefits, appeal said denial by filing a reply to the proposed order with the pension's coordinator. If no appeal is filed within the time period, then the proposed order shall be final b) The board of trustees shall hold a hearing within forty-five (45).days of the receipt of the appeal. Written notice of said hearing shall be sent by certified mail to the applicant at the address listed on his application ten (10) days prior to the hearing. c) The procedures at the hearing shall be as follows: 1) All parties shall have an opportunity to respond, to present physical and testimonial evidence and argument on all issues involved, to conduct cross-examination, submit rebuttal evidence, and to be represented by counsel. Medical reports and depositions may be accepted in lieu of live testimony, at the board's discretion. 2) All witnesses shall be sworn. 3) The applicant and the board shall have an opportunity to question all witnesses. 4) Formal rules of evidence and formal rules of civil procedure shall not apply. The proceedings shall comply with the essential requirements of due process and law. 5) The record in a case governed by this subsection shall consist only of: A) A tape recording of the hearing, to be taped and maintained as part of the official files of the board of trustees, by the pension's secretary. B) Evidence received or considered. C) All notices, pleadings, motions and intermediate rulings. D) Any decisions, opinions, proposed or recommended orders or reports by the board of trustees. d) Within thirty (30) days after the hearing, the board shall take one of the following actions: 1) Grant the pension benefits by overturning the proposed order by majority vote. • February 2006 13 i• • 2) Deny the benefits and approve the proposed order as a final order, after making any changes in the order that the board feels is necessary. A) Findings of fact by the board shall be based on competent, substantial evidence on the record. B) Within twenty (20) calendar days after rendering its order, the board of trustees shall send by certified mail a copy of said order to the applicant. C) The applicant may seek review of the order of the board of trustees by filing a petition for writ of certiorari with the circuit. court within thirty (30) days. 7.2 Subpoenas. a) The Pension Board has the power to subpoena witnesses or documentation in all proceedings under these rules and regulations. The Pension Board shall retain a copy of each subpoena that is issued. The Pension Board will also issue a check with each .subpoena for mileage or witness fees as provided by law on any subpoena that the Pension Board initiates on its own behalf. b) At the request of any applicant in a retirement pension proceeding, the Pension Board will execute and issue subpoenas. The subpoena shall be prepared on a form acceptable to the Pension Board. The Pension Board will not be responsible for the payment of any mileage or witness fees as required by law. Such fees that be the responsibility of the person requesting the subpoena. • February 2006 14 • PART 8 -INVESTMENT POLICIES 8.1 Pu e. The Board of Trustees ("Trustees") of the Village of Tequesta General Employees Retirement Plan ("Fund") has the power and authority to invest and reinvest the moneys of the fund, and to hold, purchase,- sell, assign, transfer, and dispose of any securities and investments held in the fund, including the power and authority to employ counseling or investment management services. Attached as Exhibit "F° is a copy of the Investment Policy Statement of the Board. • • February 2006 15 • - PART 9 -INCOME DEDUCTION ORDERS 9.1 Income Deduction Orders. a) Assignment of Benefits UDOn Divorce The prohibition against attachments, garnishment, execution or any other legal process shall also apply to a domestic relations order, unless such order is determined to be an income deduction irl~ome-d~ction orderas defined by Florida Statutes §§61.1301, 61.046(4) and 61.076, and such benefit is only for purposes of alimony and/or child support. b) Filing of Claims All claims for benefits underan income deduction order shall be filed, in writing, with the Board of Trustees along with a copy of the income deduction order. c) Definitions 1) Alternate Payee -The term "alternate payee" means any spouse, former spouse, child or other dependent of a Participant who is recognized by a domestic relations orderas having a right to all, or a portion of, the benefit payable under the Plan with respect to the Participant. • 2) Income Deduction Order-The term "income deduction order" means any judgment, decree or order which relates to child support or alimony payments to a spouse (or former spouse), child, or other dependent of a Participant, made pursuant to a state domestic relations law. d) Designafion of Representative The Participant and the altemate payee(s) may designate an attorney or other representative to receive notices and communications from the Trust Fund instead of the Participant or the alternate payee. This designation must be in writing and must be signed by the Participant or by the altemate payee. e) Payment of Benefits Pending Trustees' Deasion. Pending a decision by the Board of Trustees whether an income deduction order should be honored, any amount which would be payable to the altemate payees} if the income deduction order was honored shall be accounted for separately. • February 2006 16 • Village of Tequesta General Employees Retirement Plan ADMINISTRATIVE RULES -SIGNATURE PAGE Chairman Trustee Trustee BSJ/ka • Administrative Rules Addendum September 28, 2005 Secretary Trustee WITNESS as to Trustees • February 2006 ~~ • - APPENDIX"A" EXHIBIT "A" ATTACH EXPENSE POLICY • • February 2006 ~ $ • APPENDIX "B" EXHIBIT "B" ATTACH EXPENSE REPORT /REIMBURSEMENT VOUCHER • • February 2006 19 • APPENDIX "C" Village of Tequesta General Employees Retirement Plan Employee Application for Membership Check one _ } System: ()General Employees ()Police 8r Fire {Social Security No: Employee: Last ~~ First Middle Initial Data of Birth Sex Employment Dale Employee's Beneficiary: Frst ~~ Middle Inital Last Nerne Relationship to Employee Dale of Blrlh I hereby apply to the Village of Tequesta General Employees Retirement Plan for membership in the retirement system and accept all terms and conditions of said plan, as • prescribed by the Board of Trustees. Oate Signature of Employee • February 2006 20 • • Vested Terminated Employee Dept. Employee Name: Sex S.S. #: Date of Birth: Date Hired: Termination Date: LAST 5 YEAR WAGE OF EMPLOYEE Employee Beneficiary: Date of Birth: Relationship: • February 2006 21 • APPENDIX "D" APPLICATION FOR BENEFITS PLEASE PRINT OR TYPE: 1. a. Name of Employee: b. Social Security Number. c. Date of Birth: (Attach birth certificate or ocher proof) d. Home Telephone Number:( ) (Area Code) e. Home Address: • f. Permanent address to which check and correspondence should be sent: 2. a. Are you currently married? Yes No If yes, please complete the following: b. Name of Spouse: c. Spouse's Social Security Number: d. Spouse s Date o Bert : (Attach birth certificate or other proof) e. Date of Marriage: • February 2006 22 3. Name(s) and Date(s) of Birth of Child(ren): • Date of Birth Name • 4. Names of Your Living Parents: a. Mother: b. Father: 5. a. Date of hire by the Village of Tequesta as a Swom Police Officer: b. Current Position in the Department: 6. I plan to retire on: 7. Type of retirement which you are receiving: Normal Retirement Early Retirement Line-of-Duty Disability Non-Line-of-Duty Disability • February 2006 23 • (2) Due to a fight, riot, civil insurrection or crime? (3) From an injury or disease sustained while you were serving in any armed forces? (4) After your empbyment with the Village terminated? (5) While working for anyone other than the ~Ilage and arising out of such employment? d. A copy of my doctor's medical opinion is attached: 8. If you are applying for a disability retirement, please complete the following: a. b. Date disability commenced: _ Nature and cause of disability: c. Did your disability result from any of the following: (1) Use of drugs, intoxicants or narcotics? Yes No NOTE: If you are applying for a disability benefit, records must be filed to show that the disability is total and permanent. If application is made for aline-of-duty disability, copies of workers' compensation records must also be filed to show that the disability occurred in the line-of--duty. Also, the Board of Trustees may require you to be examined by a doctor selected by the Board. • February 2006 24 • Acknowledgments I hereby certify that the above statements are true and correct to the best of my knowledge. I understand that a false statement may disqualify me for benefits. I have reviewed the Designation of Beneficiary Form filed with the Board of Trustees and I hereby certify its accuracy. If I desire to change my designated beneficiary(ies), (will file a new Designation of Beneficiary Form with this Application. I hereby authorize the release of any and all medical records including but not limited to the complete history records in possession of all doctors listed below concerning my illness and/or treatment. • I hereby waive my right of confidentiality of my medical records and other medical evidence in order that my application for disability benefits may be properly processed. I understand that in so doing, such records will be discussed during one or more public meetings and will become public record. I understand that the Board(s) wilt rely upon this waiver and that I will not be able to withdraw same at a later date. I agree to cooperate fully with the Board of Trustees of the Village of Tequesta General Employees Retirement Plan in making available to the Board, or authorized agents of the Board, information which reasonably relates to the initial payment of or continuing eligibility for payment of benefits from the Fund. • February 2006 ~ 25 • I hereby agree to indemnify and hold harmless the Village of Tequesta General Employees Retirement Plan from and against any and all claims, demands, or causes of action of any kind or nature resulting from or in connection with Village of Tequesta's release of the results of the undersigned's annual physical to the Pension Plan and from and against any resulting losses, costs, expenses, reasonable attorneys' fees, liabilities, damages, orders, judgments, or decrees in connection therewith. Dated this day of , 20 , A.D. Signature of Participant: Participant, please sign above WITNESS: • Signature of Witness Sworn to and subscribed before me this Printed name of Participant by Printed name of Witness day of , 20_ Personally known to me -OR- Prod4ced identification (Please indicate type of identification produced on space provided below): [ notary seal ] • February 2006 NOTARY PUBLIC Printed, typed or stamped name of Notary: My Commission Expires: 26 APPENDIX "E° Village of Tequesta General Employees Retirement Plan Vested Terminated Employee Dept. Employee Name: S.S. #: Sex: Date of Birth: Date Hired: Termination Date: LAST 5 YEAR WAGE OF EMPLOYEE $. • $ Employee: Beneficiary: Date of Birth: Relationship: _ BSJ/ka November 18, 2005 H:\Tequesta GE 10121P1an Docs & RulesWDMIN RULES~2005~2005ADMIN RULES GE.wpd • February 2006 27