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

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

The City of Mount Dora Police Officers' Pension and Retirement Fund is undergoing an actuarial valuation as of October 1, 2025. This process includes a market-based measurement of the pension obligation, known as the LDROM, which estimates the investment needed in low-risk securities to ensure benefit payments. The city may use the full amount of Chapter 185 revenue as an offset to required contributions, based on a recent agreement. This item is currently under review as part of the fund's annual valuation process. The work involves actuarial analysis and financial assessment, with potential implications for future contribution requirements and the security of participant benefits. Local businesses in financial consulting, accounting, and legal services may find opportunities related to the ongoing management and assessment of the pension fund.