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Home My WebLink AboutDocumentation_Pension Public Safety_Tab 02_02/14/2006--o Gwen Carlisle From: JOY060901 @aol.com Sent: Friday, July 08, 2005 11:49 AM To: gcarlisle@tequesta.org Subject: Pension Board Member I am interested in the above position. I have been in the banking business in past years as a programmer/analyst. I have general knowledge of finance through banking experience and the mortgage industry. I am now retired but have attached my resume below for review. You may contact me through my email or by phone if you need further information. Sincerely, Joy Kovalchick 7/22/2005 Gwen Carlisle From: PITHOMEMTG@aol.com Sent: Monday, July 11, 2005 1:14 PM To: gcarlisle@tequesta.org Subject: Re: Public Safety Pension Board Gwen, Here is a brief resume on myself. I have a BA degree from the University of North Carolina -Charlotte in Business Administration. After college, I worked for a local bank for 14 years as a loan officer. I opened my own business Pittman's Hometown Mortgage Corp in 1998. I am also a licensed REALTOR. I am Past President of the JupiterlTequesta Rotary Cfub, a member of the Chamber of Commerce, Board of Realtors and Jupiter Light Lodge. I currently reside at 15 Pinetree Circle in Tequesta and have been a Tequesta resident for 9 years. I am also a native of this area growing up in the Palm Beach Gardens area. I am married and have 2 sons, ages 5 8~ 8 that reside with me. I hope this enough information for you. Kevin Pittman 15 Pinetree Circle Tequesta, FL 33469 Home - 743-4331 Office/Cell - 748-5050 7/11/2005 Joy A. Kovalchick Home: 561-748-0760 21 Palmetto Way Email: jo~~0G0901 ~u'aoLcom Tequesta, FL 33469 Experiences: Mortgage contract underwriting, underwriting, processing, closing, funding in the mortgage environment. Trust operations and data processing systems as a manager, analyst, and programmer on mainframe systems involving conversions, training, and system evaluation. Last 10 years in mortgage underwriting for conforming, non-conforming, sub-prime, Jumbos, etc. Professional Experience: Radian Guaranty (MI Company) 2001-2004 Contract Underwriter -Retail conforming, FNMA/F'HMLC and non- conforming with many high LTV products requiring PMI. Top producer in getting loans underwritten. Contracted with Washington Mutual & Preferred Home Mtg. Parkway Mortgage 1999-2001 Underwriter -Wholesale and Retail underwriting using various investors Matrixes. Interaction with brokers, investors and account reps. American Mortgage Capital 1997-1999 Underwriter/Supervisor -Sub prime underwriter and Coordinator in the sell of loans to investors, generated reports and calculated pricing. LP used on fall-out. Supervised HMDA reporting & assisted in new office openings. Parkway Mortgage 1996-1997 Underwriter -non-conforming loans involving various states outside FL. Contact with investor's to establish business relationship, pricing & sales. Ocwen Financial 1992-1996. Processor/underwriter -Conforming &non-conforming mortgage loans. Duties included processing, underwriting, closing, funding and post-close. Established contacts with attorneys & auctioneers for out-of--town auction sells of REO properties. Conducted follow-up from mortgages purchased from auction. Developed and implemented progress charts, pipeline reports. Citibank 1990-1992 Mortgage specialist -Conventional & government loan processing and preparation of closing packages nationwide. Education: Business School, college classes Bank and computer related seminars and courses. Trade Show participation Computer savvy HANSON, PERRY ~ JENSEN, P.A. 400 EXECUTIVE CENTER DRIVE, SUITE 207 -WEST PALM BEACH, FLORIDA 33401-2922 JILL HANSON* mjhanson ~ hpjlaw.com ANN H. PERRY aperrys~hpJlaw.com BONNI SPATARA JENSEN bsjensen®hpjlaw.com 'uso AoMmeo w N.Y. Alex Nathanson 97 S.W. Cassine Court Palm City, FL 34990 Dear Mr. Nathanson: TELEPHONE (561)686-6550 FACSIMILE (561) 686-2802 February 17, 2005 Re: Tequesta Public Safety Officers Pension Trust Fund Alex Nathanson Our File No.: 1011.1007 This office is the legal counsel forthe Tequesta Public Safety Officers Pension Trust Fund. Your questions regarding the Pension Plan have been referred to me for review and response. The Pension Fund records show that you were hired by the City on August 2, 1993 and terminated employment on January 3, 2001. This means that you were employed by the Village for 7 years, 5 months and 1 day. To determine the benefits which are available to you, I looked at the Plan document in effect when you were an active employee and therefore a member of the Pension Plan. Under the Plan that was in effect on the day that you terminated, you were not vested in any benefits under the Plan. See attached Plan Document. Vesting under that Plan was 10 years of service. Section 9 of the Plan provided that "if a Member [Police or Firefighter] has less than ten (10) years credited service upon termination, the Member shall be entitled to a refund of his accumulated contribution or Member may leave it deposited with the Fund." The definition of credited service describes what happens if a Member leaves the accumulated contributions on deposit with the Fund as follows: A plan member may voluntarily leave his/her contribution in the Fund for a period of five (5) years after leaving the employ of the Village of Tequesta pending the possibility of being rehired in a full time position by the Village of Tequesta without losing credit for the time of active participation as a plan member. Should the employee not be re-employed with the Village of ~~. » Alex Nathanson February 17, 2005 Page 2 Tequesta in a full time capacity within five (5) years, his/her contributions shall be returned to him/her without interest. Should a Police Officer or Firefighter besubsequently re-employed as such, he or she may re-purchase his or her years of credit or fractional parts of years of credit by reimbursing such returned contribution to the Fund with interest. In 2003, the Plan was amended to reduce the years required for vesting to 6 years. This amendment was applicable to active full time police officers and firefighters on the effective date. The 2003 amendment to the Plan was effective December 11, 2003, well after you had terminated your employment with the Village. There was no provision to make the vesting retroactive or to include former employees. You were not an active employee in December of 2003 and you were not included in the changes by some other means, therefore, you are not eligible for the reduction investing which occurred afteryou left the employ of the Village. The benefit to which you are entitled under the plan provisions is a refund of your contributions without interest. You may take a refund now or leave your contributions in the Plan through January 3, 2006, pending the possibility of being re-hired in a full time position with the fire or police department. If you are not re-hired by that date, your contributions shall be returned to you. If you have any questions on this matter, please contact me. Sincerely yours, i ~~ Bonni S. Jen en Copy to: Chariman and Secretary Gwen Carlisle H:\Tequesta PS 10111ParScipantsWathanson.wpd Dan Galigher From: Karen Amenita [karena~hpjlaw.com] Sent: Friday, February 18, 2005 10:08 AM To: Gwen Carlisle Cc: Dan Gallagher; Bonni S.Jensen Subject: Alex Nathanson o6a Nathanson.pdf Hi Gwen, Bonni sent the attached letter to Alex Nathanson. I am sending a "blind copy" to Dan Gallagher, as Mr. Nathanson has been communicating with Dan regarding this matter. Karen Amenita <karena@hpjlaw.com> Legal Assistant to Bonni S. Jensen Hanson Perry & Jensen, PA 400 Executive Center Drive, Suite 207 West Palm Beach, FL 33401-2922 561-686-6550 (Phone) 561-686-2802 (Fax)