F. Commentary to help the intended user understand the significance of the LDROM with respect to the

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

The City of Mount Dora Firefighters' Pension and Retirement Fund is reviewing its actuarial valuation as of October 1, 2025. This review includes commentary on the Long-Term Discount Rate Obligation (LDROM), which is a market-based measure of pension obligations. The fund is also considering how Chapter 175 revenue will be used as an offset to required contributions, based on a recent collective bargaining agreement. This item is currently under review by the Firefighters' Pension & Retirement board. While no construction is described, this review could lead to future financial planning and contribution adjustments. Local businesses in financial services, accounting, and legal services may find opportunities to support the fund's ongoing management and future planning.