Quarterly Pension Meeting: May 2026
City of Jacksonville Beach
D. Total actuarial present value of expected
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
D. Total present and expected future resources $113,282,542
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
D: 305.679.5706
The City of Jacksonville Beach Police Officers' Retirement System is currently under review for its pension plan. This item is part of a quarterly pension meeting, indicating the early stages of the public process. The review will likely involve legal and administrative aspects of managing public pension funds. This could lead to opportunities for service providers specializing in financial planning, legal counsel, and administrative support for retirement systems. Engaging early in this review process allows businesses to understand the system's needs and potentially offer their services before formal bidding or contract processes begin.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
D: 305.679.5706
The City of Jacksonville Beach Firefighters' Retirement System is currently reviewing its pension plan. This review is part of a regular quarterly meeting process. The agenda item focuses on legal and administrative aspects of public pension funds. This early stage means that the system is assessing its current operations and legal compliance. The work involved would primarily be legal and administrative consulting, with potential for audits or reviews of service provider agreements. Businesses that offer legal services, financial consulting, and administrative support for pension plans may find opportunities. Engaging early allows for understanding the system's needs before formal processes like bidding or contract finalization begin.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
D: 305.679.5706
The City of Jacksonville Beach is holding a Quarterly Pension Meeting. This meeting is part of the ongoing review and management of the city's pension funds. While no specific construction project is detailed, the discussion of pension funds suggests potential future financial planning and investment activities. These activities could involve financial advisors, legal services, and administrative support. Local contractors, trades, suppliers, and service providers are encouraged to stay informed about the outcomes of these meetings. Understanding the city's financial strategies could lead to future business opportunities as pension funds are managed and potentially allocated.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Address:
- 150 Alhambra Circle Suite 725
D: 305.679.5738
This item concerns a quarterly pension meeting for the City of Jacksonville Beach. The meeting will include discussions on employee benefits, executive compensation, government relations, labor and employment, and tax matters related to pension plans. Madison Levine, a special counsel focusing on representing governmental and private sector pension plans, will provide legal counsel on pension administration, governance, and regulatory compliance. This includes guidance on Florida statutes and federal tax laws, as well as assistance with disability benefits and pension forfeitures. The work involves legal services related to drafting and implementing legislation and policies affecting public pension systems. Local contractors, trades, suppliers, and service providers are encouraged to reach out early to understand potential future needs as these legal and policy matters are addressed.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
D: 305.679.5738
This item concerns a quarterly pension meeting for the City of Jacksonville Beach, Duval. The meeting will discuss legal counsel related to pension administration, governance, and regulatory compliance. Specifically, it involves a special counsel who represents governmental and private sector pension plans and works with local governmental officials and legislative bodies. The agenda includes legislative and regulatory updates, compliance matters with Florida statutes and federal tax laws, and guidance on disability benefits and pension forfeitures. The special counsel also assists in drafting and implementing legislation and policies affecting public pension systems. This is an early stage in the public process, indicating a planning or review phase. The work involves legal services, legislative drafting, and policy guidance. Local businesses specializing in legal services and government relations could find opportunities by engaging early before specific plans or policies are finalized.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
D: 305.679.5738
This item concerns the City of Jacksonville Beach's Quarterly Pension Meeting, where legal counsel specializing in public pension systems will provide guidance. The focus is on pension administration, governance, and regulatory compliance for retirement, disability, termination, and death benefits. This includes legislative and regulatory updates, compliance with Florida statutes and federal tax laws, and assistance with disability benefit eligibility and pension forfeitures. The legal counsel also works with local legislative leadership to draft and implement legislation affecting public pension systems. This is an early stage in the public process, indicating a planning and review phase. The work involves legal research, policy drafting, and legislative advocacy. Local businesses in legal services, particularly those with expertise in public finance and employee benefits, may find opportunities to engage with the city's pension board and related officials.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
E. All Reserves 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
E. Firefighters' Pension Board of Trustees – Lance Huish — Appointed by City Council to a 2-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
E. Firefighters' Pension Board of Trustees – Lance Huish — Appointed by City Council to a 2-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
E. Unfunded actuarial accrued liability $22,495,053 $17,280,531
This item concerns the City of Jacksonville Beach General Employees' Retirement System's financial status. The system is discussing its unfunded actuarial accrued liability, which was $22,495,053 as of October 1, 2025. The meeting will review funding progress indicators and compare recommended versus actual contributions over several fiscal years. This is an early stage of review for the city's pension system finances. The work involved includes actuarial analysis, financial reporting, and potentially future adjustments to contributions or benefits. This process could lead to future financial planning and management needs. Local businesses in finance, accounting, and consulting may find opportunities to engage with the city as these financial matters are reviewed and planned.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
F. Firefighters' Pension Board of Trustees – Steven Sciotto — Selected by the Firefighters' Pension
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
F. Firefighters' Pension Board of Trustees – Steven Sciotto — Selected by the Firefighters' Pension
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
F. Total actuarial present value of expected
The City of Jacksonville Beach General Employees' Retirement System is undergoing a review of its 5-year projections for funded ratios and future employer contributions. This review includes detailed actuarial present values, asset valuations, and benefit payment schedules. The system is currently projected to have a funded ratio of 76.1% in 2025, with projections showing an increase to 94.6% by 2030. The city's estimated contributions are based on a 3.5% wage growth assumption. This process involves actuarial analysis and financial planning, with future experience potentially impacting these projections. The review is currently under consideration as part of the quarterly pension meeting.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Applicant:
- City of Jacksonville Beach General Employees’ Retirement System
O: (305)529-2801
This item concerns a pension meeting for the City of Jacksonville Beach, Duval. The meeting is scheduled for May 26, 2026. The agenda includes discussions on pension issues. This is an early stage in the public process, indicating a planned review. The work related to this item would primarily involve legal and administrative services focused on pension fund management and compliance. Local businesses specializing in legal services, particularly those with expertise in labor and employment law and pension administration, could find opportunities. Engaging early before specific legal strategies or administrative actions are finalized may offer advantages.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Address:
- 150 Alhambra Circle, Suite 725, Coral Gables, FL 33134
O: (305)529-2801
This agenda item concerns a Quarterly Pension Meeting for the City of Jacksonville Beach, Duval. The meeting is scheduled for May 26, 2026. The agenda details the work of Jose Javier Rodriguez, who represents labor unions, pension and benefit funds, and employees. His work includes legal actions and strategic advice on various matters. The item also notes his prior experience in public service, including a role at the U.S. Department of Labor and service in the Florida Legislature. This item is currently under review as part of a pension meeting. No specific construction or development projects are detailed in this agenda item. Therefore, the scope of work is limited to legal and advisory services related to pension and labor matters. Local businesses that provide legal services or consulting related to employee benefits and labor law may find opportunities.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Address:
- 150 Alhambra Circle, Suite 725, Coral Gables, FL 33134
O: (305)529-2801
The City of Jacksonville Beach is undertaking a review of its pension systems, including the General Employees' Retirement System, Police Officers' Retirement System, and Firefighters' Retirement System. This review involves financial statement analysis and actuarial valuations, with the latest actuarial valuation for the General Employees' Retirement System completed on October 1, 2025. The process includes assessing funding progress, determining contribution rates for the upcoming fiscal year, and evaluating investment performance and actuarial assumptions. This ongoing review and management of the city's retirement funds represent a planned civic agenda item. The work involves financial analysis, actuarial services, and potentially the management of investment portfolios. Local contractors, trades, suppliers, and service providers are encouraged to engage with the city's finance department to understand the scope and timing of future needs related to these financial and actuarial processes. Early engagement can provide an advantage as plans and strategies are developed.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Address:
- 11 North Third Street, Jacksonville Beach, Florida 32250
a. Approve Mariner (Brendon Vavrica), Investment Consultant December 31, 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
a. Informational December 31, 2025; Quarterly Pension Plan Administrator’s Report
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
a. Member contributions $ 1,622,150 $ 1,517,266
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
a. Refunds of member contributions 279,420 153,618
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
b. Benefits paid 5,185,639 5,748,234
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
b. City contributions 2,839,477 2,335,245
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
b. Possible Action Mariner (Brendon Vavrica) - Manager changes or allocation of
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
c. Administrative expenses 183,739 174,280
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
c. Total contributions to System $ 4,461,627 $ 3,852,511
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
cc: City Manager, City Attorney, City Clerk
This item concerns minutes from a joint quarterly meeting of the Firefighters', General Employees', and Police Officers' Retirement Systems in Jacksonville Beach. The meeting took place on February 24, 2026, and included the administration of oaths of office. This is a procedural review of past meeting minutes, not a new development project. Therefore, there is no direct construction or service work currently planned or under review that local contractors, trades, suppliers, or service providers can act upon at this time. The opportunity for local businesses lies in staying informed about future city financial and administrative meetings where actual development or infrastructure projects might be discussed and initiated.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
- Address:
- 11 North 3rd Street, Jacksonville Beach, Florida
d. Investment income
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
d. Total expenditures 5,648,798 6,076,132
The City of Jacksonville Beach is reviewing its General Employees' Retirement System. This review involves analyzing the system's financial health, including its assets, liabilities, and projected future obligations. The process includes actuarial valuations and financial reporting to ensure the system's long-term stability. This is an ongoing financial review and planning process, not a construction project. Businesses involved in financial consulting, actuarial services, and investment management may find opportunities to engage with the city on this agenda item. Early engagement is beneficial as the city plans for future financial strategies and potential adjustments to its retirement system.
- Board:
- Quarterly Pension Meeting
- Date:
- 2026-05-26
- Type:
- Agenda_item
e. Total investment income 6,739,547 13,822,475
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
f. Total revenues $ 11,201,174 $17,674,986
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
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