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Council approves first reading to update city retirement plans to add Secure 2.0 options
5930839 · September 11, 2025
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Summary
On first reading, council approved updates to the municipal employees’ retirement plans to add Secure 2.0 options including qualified disaster distributions, emergency expense withdrawals, penalty‑free domestic abuse withdrawals, qualified birth/adoption distributions and in‑service distributions at age 59.
PUNTA GORDA, Fla. — The council approved a first reading Wednesday to amend the City of Punta Gorda municipal retirement plans to include options made available under the federal Secure 2.0 legislation.
Jeff Payne, the city’s human resources…
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