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Boards approve retirement applications for multiple city employees across plans
Summary
Trustees approved several retirement applications across the General Employees, Police Officers and Firefighters pension plans, covering effective and separation dates and whether applicants met age-and-service requirements.
Trustees approved retirement applications for multiple Jacksonville Beach employees across the three pension systems during the meeting.
Approved retirements included (as recorded in the meeting record): - Lorraine Phonebill, administrative assistant in Parks: retirement effective March 1, 2022; separation date Dec. 23, 2020; met age-and-service requirements for deferred retirement with 15 years of service. - Clifford Abshire, titles transcribed as “cut in, cut out technician” at Beaches Energy: retirement effective June 1, 2019; separation date May 31, 2022; met 80 service requirement for backdrop service retirement with 23 years, 6 months of service. - Richard Amato, (title transcribed as ‘‘bus relations conservation coordinator’’), Beaches Energy: retirement effective March 1, 2021; separation date July 29, 2022; met age-and-service requirements for service retirement with 13 years, 4 months of service. - Paul Watkins, police sergeant: retirement effective April 1, 2022; separation date April 17, 2022; met normal retirement service requirements with 25 years, 1 month of service.
Board action: the boards moved, seconded and voted by roll call to approve each application as presented. Votes were recorded for the general board, the police officers board and the firefighters board where applicable.
Why it matters: approvals formalize beneficiaries’ pension eligibility and commence benefit payment schedules; they also affect plan cash flow and long-term benefit liabilities.
