Quarterly Pension Meeting: May 2026
City of Jacksonville Beach
1. Allocated to service rendered prior
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Approve Minutes of the Joint Quarterly Meeting held on November 18, 2025.
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Approve Summary Plan Description for Firefighters' Retirement System as provided
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Approve Summary Plan Description for General Employees' Retirement System as
This item concerns the General Employees' Retirement System for the City of Jacksonville Beach. The Summary Plan Description for this system has been approved. This approval is part of the ongoing management of the city's pension system. The next steps involve the continued administration and potential future updates to the plan. Local businesses in professional services, particularly legal and financial advisory, may find opportunities related to the ongoing management and compliance of such pension systems. Engaging early with city representatives or the plan administrators could provide insight into future needs or support services.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Approve Summary Plan Description for Police Officers' Retirement System as provided
This item concerns the approval of a Summary Plan Description for the Police Officers' Retirement System. The plan was provided by the law firm Sugarman, Susskind, Braswell & Herrera. This is a procedural approval within a quarterly pension board meeting. The motion to approve the plan passed unanimously. This item does not describe a construction project, development, or service contract that would create opportunities for local contractors, trades, suppliers, or service providers. Therefore, there are no specific scopes of work or phases to describe for potential business engagement at this time.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Decision:
- Cohill
1. Base Amount Previous Plan Year $ 345,163
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Consultant’s Reports/Presentations
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Continuity of Service and Institutional Knowledge
This item concerns the City of Jacksonville Beach's Quarterly Pension Meeting, focusing on the continuity of service and institutional knowledge within the administration and legal guidance of its Retirement Systems. The discussion will highlight the extensive experience of Mr. Herrera, who has been involved for at least 10 years, and other attorneys at Sugarman, Susskind & Braswell, P.A., including David Robinson, who worked on significant projects like ordinance rewrites and IRS determination letters. This is a planned discussion item, indicating an early stage in the public process. The scope of work involves ongoing legal interpretation, administration, and guidance related to pension plans, including ordinance amendments, board actions, collective bargaining, actuarial matters, service purchases, and disability provisions. Local businesses in legal services, financial consulting, and administrative support could find opportunities by engaging with the city early, before specific contracts or service agreements are finalized. Understanding the long-term needs of these retirement systems may present future business prospects.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. For normal costs 6,269,497
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Interest and dividends 3,018,710 1,761,123
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Investment Risk – actual investment returns may differ from the expected returns;
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Investment Risk – actual investment returns may differ from the expected returns;
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. Net assets from System financial
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. The employer normal cost is sufficient to cover the cost of benefits accruing each year;
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. The employer normal cost is sufficient to cover the cost of benefits accruing each year;
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. The measurement is inappropriate for assessing the sufficiency of R etirement System assets to
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
1. The measurement is inappropriate for assessing the sufficiency of Retirement System assets to
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Allocated to service likely to be
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Amount Received for Previous Plan Year 372,132
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Approve GRS Consulting, (Brad Armstrong) payment of Invoice No. 498208 to GRS
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Asset/Liability Mismatch – changes in asset values may not match changes in liabilities, thereby
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Asset/Liability Mismatch – changes in asset values may not match changes in liabilities, thereby
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Existing Relationship with Current Firm
The City of Jacksonville Beach Retirement Systems are reviewing their existing relationship with their legal counsel, Sugarman, Susskind & Braswell, P.A. This firm has provided legal services to the Boards for over twenty years. The firm has stated they are capable and prepared to continue offering these legal services. This item is currently under review as part of a quarterly pension meeting. The scope of work involves ongoing legal counsel and representation for the retirement plans. This could include advice on pension fund management, compliance, and related legal matters. Local businesses specializing in legal services may find opportunities as the city evaluates its partnerships. Early engagement could be beneficial as decisions are made regarding future legal representation.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. For unfunded actuarial accrued liability 22,495,053
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Funding value adjustment (5,827,183)
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Pension Administrator’s Reports/Presentations
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Realized gain on investments 5,409,978 1,874,163
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Select Fifth Member of the City of Jacksonville Beach Firefighters’ Retirement
The City of Jacksonville Beach is reviewing its pension legal counsel. Pedro Herrera, who previously served as lead counsel for the city's pension plans for at least ten years, has moved to a new firm, Jones Walker LLP. His former firm, Sugarman, Susskind Braswell & Herrera, P.A., also sent correspondence requesting the city's pension plans remain with their firm. The City of Jacksonville Beach General Employees' Board of Trustees, City of Jacksonville Beach Police Officers' Board of Trustees, and City of Jacksonville Beach Firefighters' Board of Trustees are considering this transition. This item is currently under review by the relevant city boards. The work involves legal services related to the city's pension plans, including ongoing support and potential transition of counsel. Local legal service providers specializing in public pension law and municipal legal services may find opportunities. Engaging early before final decisions are made could provide an advantage.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. Select Fifth Member of the City of Jacksonville Beach Police Officers’ Retirement
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. The Unfunded Actuarial Accrued Liabilities (UAAL) will continue to be amortized according to the
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. The Unfunded Actuarial Accrued Liabilities (UAAL) will continue to be fully amortized; and
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. The measurement is dependent upon the Actua rial Cost Method which, in combination with the
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
2. The measurement is dependent upon the Actuarial Cost Method which, in combination with the
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Approve GRS Consulting, (Brad Armstrong), payment of Invoice No. 497572 to
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Approve GRS Consulting, (Brad Armstrong), payment of Invoice No. 497577 to
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Benefit Improvements 0
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Contribution Risk – actual contributions may differ from expected future contributions. For
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Contribution Risk – actual contributions may differ from expected future contributions. For
This item concerns a discussion about contribution risk for the Quarterly Pension Meeting. The City of Jacksonville Beach is reviewing potential differences between actual and expected future pension contributions. This review will consider if contributions are made according to the plan's funding policy and if there are material changes in employee numbers or payroll. The topic is currently under review as part of a pension meeting agenda. This review could lead to future policy adjustments or financial planning changes. Local businesses in financial services, accounting, and legal services may find opportunities to offer expertise or support related to pension fund management and risk assessment as these discussions progress.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Funding value of assets 71,745,810
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Operational and Transition Considerations
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. The funded status of the Retirement System will continue to increase gradually towards a 100%
This item concerns the City of Jacksonville Beach's Quarterly Pension Meeting, focusing on the retirement system's funded status. The report indicates a gradual increase towards a 100% funded ratio, with actuarially determined contributions being critical for the plan's financial health. While contributions at the determined rate are important, they do not guarantee benefit security. The report also details limitations of funded status measurements, primarily based on the Actuarial Accrued Liability and the Funding Value of Assets. This is an early stage review of financial planning for the pension system. The work involves financial analysis, actuarial services, and potentially legal review of funding policies. Local businesses in financial consulting, accounting, and legal services may find opportunities to engage with the city as these plans are reviewed and implemented.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. The funded status of the Retirement System will continue to increase gradually towards a 100%
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. The measurement would produce a different result if the Market Value of Assets (MVA) were used
This item concerns the City of Jacksonville Beach Police Officers’ Retirement System and its actuarial measurements. The report discusses risks related to measuring the system's accrued liability and determined contributions, which rely on assumptions about future economic and demographic experiences. It explains that future measurements could differ from current ones due to various factors, including plan experience, changes in assumptions, or modifications in plan provisions or laws. The scope of this actuarial valuation does not include an analysis of the potential range of future measurements or an evaluation of the plan sponsor's ability to make required contributions. This is an early stage review of actuarial standards and risk measures, not a construction project. Therefore, there are no immediate construction-related opportunities for contractors, trades, or suppliers at this time.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. The measurement would produce a different result if the Market Value of Assets (MVA) were used
This item concerns the City of Jacksonville Beach General Employees’ Retirement System and its actuarial measurements. The report discusses how future measurements might differ from current ones due to various factors like changing assumptions or plan experience. It clarifies that evaluating the plan sponsor's ability to make contributions is outside the scope of this actuarial project. The current status is under review as part of a quarterly pension meeting. This process involves reviewing actuarial standards and risk measures related to the plan's financial condition. The work primarily involves actuarial analysis and reporting, with potential future implications for financial planning and management of the retirement system. Local businesses involved in financial services, consulting, and administrative support may find opportunities related to the management and oversight of such retirement systems.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Totals 28,764,550
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Totals 59,778,267
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
3. Unrealized gain on investments (1,611,682) 10,280,892
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
4. Approve Application for Retirement – Tammi Leonard - Operations Administrator
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
4. Excess Funds for Previous Plan Year 26,969
Quarterly Pension Meeting listed this item on its agenda for 2026-05-26 in City of Jacksonville 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:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
4. Fiduciary Responsibility
The City of Jacksonville Beach General Employees' Retirement System is reviewing its legal representation. The system's Plan Administrator has presented two options for the Boards to consider: continuing with the current firm, Sugarman Susskind Braswell & Herrera, P.A., or transitioning to Jones Walker LLP, represented by Pedro Herrera. This decision is planned for the May 26, 2026, meeting. The process involves evaluating legal counsel based on factors like continuity, responsiveness, and cost. This review could lead to a new legal services contract. Businesses specializing in legal services, particularly those with public pension experience, may find opportunities. Engaging early in this review process allows potential providers to understand the system's needs before final decisions are made.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Address:
- 201 S Biscayne Blvd, #3000, Miami, FL 33131
- Applicant:
- City of Jacksonville Beach General Employees' Retirement System
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