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Lake Wales to update firefighters' pension ordinances to comply with federal age change
3858131 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Commissioners heard ordinances to align the firefighters pension plan with the Secure Act 2 increase in required minimum distribution age from 72 to 73; staff said there is no cost to submit the exchange.
The City Commission reviewed two ordinances intended to bring the Lake Wales firefighters pension plan into alignment with federal tax law changes that increase the required minimum distribution age.
Sandra (last name not specified), the staff presenter, told commissioners…
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