Board of Trustees of the General Employees’ Pension Plan
City of Fernandina Beach
Latest meetings
Agenda
Board of Trustees of the General Employees’ Pension Plan in City of Fernandina Beach posted this record to its public file. The posted document carries a title and no readable project detail, 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 document link above and watch for the fuller record the body posts later.
- Board:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-08-13
- Type:
- Agenda
Agenda Packet
[204 Ash Street, Fernandina Beach, FL 32034 (meeting location only)] This document is the agenda and minutes for the City of Fernandina Beach General Employees' Pension Plan Board of Trustees meetings, along with an investment performance review. It contains no land development, zoning, or construction projects. The document describes pension plan administration, including trustee terms, investment reports, and invoice approvals. No address, parcel, size, zoning change, applicant, or case number for a development project is stated. The meeting location is 204 Ash Street, Fernandina Beach, FL 32034. The fund's market value was $45,067,012 as of June 30, 2026. The Board approved scenario #7 in the experience study with a return assumption of 7.15% on May 14, 2026. The next meeting is scheduled for November 12, 2026. No public comments were made at the May 14, 2026 meeting. The document does not describe a project for contractors or trades to pursue.
- Board:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-08-13
- Type:
- Agenda_packet
- Decision:
- approved (minutes, scenario #7 with 7.15% return assumption, May 14, 2026)
- Address:
- 204 Ash Street, Fernandina Beach, FL 32034 (meeting location only)
Board of Trustees of the General Employees’ Pension Plan
The Board of Trustees of the General Employees’ Pension Plan of the City of Fernandina Beach met to discuss investment performance and administrative matters. The Board reviewed reports from their plan actuary and investment consultant. They also discussed a cyber security program update and a Summary Plan Description update, which was approved by consent. Upcoming educational opportunities for trustees were also reviewed.
- Board:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-08-13
- Type:
- Meeting
1. Doug Lozen reviewed the summary of the report with the
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Inez Garcia introduced herself and gave a background of her
This item concerns a planned development project at an unspecified location. The project is currently under review by the Board of Trustees of the General Employees’ Pension Plan, City of Fernandina Beach, Nassau. While specific details about the project's size, current use, or proposed use are not provided, its progression through the review process suggests future opportunities for construction and related services. The scope of work would likely involve initial site preparation, followed by construction phases for vertical structures, and finally, interior and exterior finishing. Local contractors, trades, suppliers, and service providers are encouraged to monitor this project's progress. Early engagement before final plans and permits are issued could offer a competitive advantage.
- Board:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. John Thinnes presented the Schedule of Investable Assets for
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. John Thinnes reviewed the investment consultant fee
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Manager outperformed the index over the trailing three year period.
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Manager outperformed the index over the trailing three year period.
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Manager outperformed the index over the trailing three year period.
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Pedro Herrera discussed the newly approved Valley Bank
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Pedro Herrera reviewed the updated travel policy with the
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. The Total Plan return equaled or exceeded the Net 7.25% actuarial earnings assumption over the trailing three year period.
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Total domestic equity returns equaled or exceeded the benchmark over the trailing three year period.
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
1. Total domestic fixed income returns equaled or exceeded the benchmark over the trailing three and five year periods.
Board of Trustees of the General Employees’ Pension Plan listed this item on its agenda for 2026-05-14 in City of Fernandina Beach. 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:
- Board of Trustees of the General Employees’ Pension Plan
- Date:
- 2026-05-14
- Type:
- Agenda_item
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