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General Pension Board of Trustees Meeting: mayo de 2026

City of Pensacola

5.13.26 General Pension Board Agenda

This document is an agenda for the General Pension Board of Trustees meeting on May 13, 2026. The agenda includes approval of minutes, officer and member reports, money managers' reports, a money monitor's report, an attorney's report, an administrator's report, unfinished business regarding potential benefit changes, and new business which includes approval of payments for management fees to several firms (Advent Capital Management, LLC; DePrince, Race and Zollo, Inc.; Fiduciary Management, Inc.; Frontier Capital Management; Integrity Fixed Income, Inc.; Polen Capital; Sawgrass Asset Management; SSI Investment Management; Vulcan Value Partners, LLC) and invoices from Leuctman Law and Foster & Foster. It also includes approval of a DROP Notice of Pension for Tommie M. Frye and a Widow's Notice of Pension for Barbara A. Martin. Information items include a memorandum on the General Pension Cost of Living Increase. No specific construction projects or development opportunities are mentioned.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda
Address:
Hagler/Mason Conference Room, Second Floor, City Hall
Verify at the official source

5.13.26 General Pension Board Agenda Packet

The General Pension Board of Trustees meeting on May 13, 2026, will include approval of payments for management fees to several firms, including Advent Capital Management, LLC ($12,298.84), DePrince, Race and Zollo, Inc. ($8,415.90), Fiduciary Management, Inc. ($7,695.00), Frontier Capital Management ($11,033.67), Integrity Fixed Income, Inc. ($27,247.29), Polen Capital ($11,497.71), Sawgrass Asset Management ($11,565.79), SSI Investment Management ($11,770.00), and Vulcan Value Partners, LLC ($10,782.16). The board will also consider approval of invoices from Leuctman Law ($4,245.00) and Foster & Foster ($26,300.00), as well as a DROP Notice of Pension for Tommie M. Frye and a Widow's Notice of Pension for Barbara A. Martin. A memorandum regarding a General Pension Cost of Living Increase is also on the agenda.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_packet
Address:
Hagler/Mason Conference Room, Second Floor, City Hall
Applicant:
General Pension Board of Trustees
Verify at the official source

II. DETERMINATION OF A QUORUM

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

II. DETERMINATION OF A QUORUM

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

P. Cheryl Jackson, Trustee

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

P. Cheryl Jackson, Trustee

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

V. MONEY MANAGERS' REPORTS (review of quarterly performance for period ending March 31, 2026)

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

V. MONEY MANAGERS' REPORTS (review of quarterly performance for period ending March 31, 2026)

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

VI. MONEY MONITOR'S REPORT (review of quarterly performance for period ending March 31, 2026)

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

VI. MONEY MONITOR'S REPORT (review of quarterly performance for period ending March 31, 2026)

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

VII. ATTORNEY'S REPORT

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

VII. ATTORNEY'S REPORT

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Approval of payment of invoices for management fees for the period ending March 31, 2026,

This agenda item concerns the approval of payments for management fees for the period ending March 31, 2026. The payments are to be made to several investment management firms. The item is currently under review by the General Pension Board of Trustees of the City of Pensacola, Escambia. This process involves reviewing and approving invoices for services already rendered. No new construction or development is described in this item. Therefore, there are no direct contracting or supply opportunities for local businesses at this time.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Approval of payment of invoices for management fees for the period ending March 31, 2026,

The General Pension Board of Trustees for the City of Pensacola, Escambia is reviewing payments for management fees. This review is part of the board's regular financial oversight. The payments are for services rendered through March 31, 2026. The board will consider approving payments to several investment management firms. This item is currently under review by the board. The work involves financial management and administrative tasks related to pension fund operations. This process includes reviewing invoices and approving payments. Local businesses involved in financial services and administrative support may find opportunities. Engaging early could provide insight into future needs as the pension board continues its operations.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Applicant:
Advent Capital Management, LLC
Verify at the official source

a. April 8, 2026 meeting

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. April 8, 2026 meeting

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Larry Cole, Burgess Chambers & Associates - Review of quarterly performance

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Larry Cole, Burgess Chambers & Associates - Review of quarterly performance

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Marty LaPrade, Sawgrass Asset Management

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Marty LaPrade, Sawgrass Asset Management

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Memorandum - General Pension Cost of Living Increase

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Memorandum - General Pension Cost of Living Increase

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Potential Benefit Changes

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

a. Potential Benefit Changes

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

b. Approval of payment of invoice from Leuctman Law in the amount of $4,245.00

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

b. Approval of payment of invoice from Leuctman Law in the amount of $4,245.00

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

b. Kurt Wood, DePrince, Race and Zollo, Inc.

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

b. Kurt Wood, DePrince, Race and Zollo, Inc.

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

b. Large Cap Value Manager Search

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

b. Large Cap Value Manager Search

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

c. Approval of payment of invoice from Foster & Foster in the amount of $26,300.00

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

c. Approval of payment of invoice from Foster & Foster in the amount of $26,300.00

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

d. Approval of DROP Notice of Pension for Tommie M. Frye

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

d. Approval of DROP Notice of Pension for Tommie M. Frye

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

e. Approval of Widow's Notice of Pension for Barbara A. Martin

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

e. Approval of Widow's Notice of Pension for Barbara A. Martin

General Pension Board of Trustees Meeting listed this item on its agenda for 2026-05-13 in City of Pensacola. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Pension Board of Trustees Meeting
Date:
2026-05-13
Type:
Agenda_item
Verify at the official source

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