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Commission approves measure letting pension trustees set investment policy
3230825 · May 7, 2025
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Summary
The City Commission voted unanimously to replace a pension investment policy in city code with a trustee‑adopted policy to allow faster portfolio adjustments, city staff said.
The Boynton Beach City Commission unanimously approved on first reading May 6 an ordinance that removes a specific investment policy for the General Employees Pension Fund from city code and allows the pension trustees to adopt and modify that policy.
City staff said the change is intended to let trustees respond faster to market opportunities that the…
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