4. Fiduciary Responsibility

Quarterly Pension Meeting · 2026-05-26 · agenda_item

The City of Jacksonville Beach General Employees' Retirement System is reviewing its legal representation. The system's Plan Administrator has presented two options for the Boards to consider: continuing with the current firm, Sugarman Susskind Braswell & Herrera, P.A., or transitioning to Jones Walker LLP, represented by Pedro Herrera. This decision is planned for the May 26, 2026, meeting. The process involves evaluating legal counsel based on factors like continuity, responsiveness, and cost. This review could lead to a new legal services contract. Businesses specializing in legal services, particularly those with public pension experience, may find opportunities. Engaging early in this review process allows potential providers to understand the system's needs before final decisions are made.