3. Contribution Risk – actual contributions may differ from expected future contributions. For

Quarterly Pension Meeting · 2026-05-26 · agenda_item

This item concerns a discussion about contribution risk for the Quarterly Pension Meeting. The City of Jacksonville Beach is reviewing potential differences between actual and expected future pension contributions. This review will consider if contributions are made according to the plan's funding policy and if there are material changes in employee numbers or payroll. The topic is currently under review as part of a pension meeting agenda. This review could lead to future policy adjustments or financial planning changes. Local businesses in financial services, accounting, and legal services may find opportunities to offer expertise or support related to pension fund management and risk assessment as these discussions progress.