B. Consideration by General Employees’ Board of Trustees

Quarterly Pension Meeting · 2026-05-26 · agenda_item

This item concerns a quarterly 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 to 7.25% for the upcoming years. Additionally, they will review and approve payments to GRS Consulting for their services. The meeting also includes approvals for several retirement applications from employees in various departments, including Systems Operations, Operations Administration, Information Systems, and Police Dispatch. These approvals are for normal, back-DROP, and vested retirements based on meeting age and service requirements. This is an administrative and financial review process, not a construction project. Therefore, there are no direct contracting or supply opportunities related to physical development or construction at this time.

expected rate of return

7.25 %

Invoice No. 499640

3725 $

Invoice No. 501062

2600 $

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