B. Consideration by General Employees’ Board of Trustees

Quarterly Pension Meeting · 2026-05-26 · agenda_item

This item concerns a pension meeting for the City of Jacksonville Beach's General Employees' Board of Trustees. The board will consider setting the expected rate of return for pensions at 7.25% for the upcoming years. Additionally, they will review and approve payments to GRS Consulting for their services. The agenda also includes approving several retirement applications for employees in various departments, including Systems Operations, Operations Administration, Database Administration, and Police Dispatch. This is an early stage in the public process, focused on financial planning and personnel actions. The work involves financial analysis, consulting services, and administrative processing related to retirements. Local businesses that provide financial consulting, accounting, and administrative support services may find opportunities. Engaging early allows for understanding the city's long-term financial strategies and potential needs.

rate of return

7.25 %

Invoice No. 499640 amount

3,725 $

Invoice No. 501062 amount

2,600 $

Kenneth Wathen service

15 years 2 months

Tammi Leonard service

33 years 3 months

Rhonda Street service

11 years 5 months

Rachel Hall service

20 years 0 months