C. DROP Plan Members

June 12, 2026 Firefighters' Pension & Retirement · 2026-06-12 · agenda_item

The City of Mount Dora Firefighters' Pension and Retirement Fund is undergoing its October 1, 2025, Annual Actuarial Valuation. This review involves analyzing data on active and inactive participants, including age, salary, years of service, and benefit distributions. The process includes summarizing plan provisions. This item is currently under review as part of the fund's regular actuarial assessment. The work involves data analysis, actuarial calculations, and reporting, which are foundational steps before any potential future financial planning or adjustments to the pension fund. Local businesses specializing in actuarial services, financial consulting, and data analysis could find opportunities to support such ongoing municipal financial reviews. Engaging early allows for understanding the fund's needs and potentially contributing to future financial strategies.