Pension boards approve minutes, consulting and investment items; May meeting moved to May 29 at 1 p.m.

Jacksonville Beach pension trustees for the Police Officers, Firefighters and General Employees boards approved a series of routine and substantive items on Feb. 25, including minutes, consultant engagements and the quarterly investment report, and set the boards' annual meeting time for May 29, 2025, at 1 p.m.

The boards voted, separately for each plan, to approve minutes and to accept consultant recommendations and investment reports. The motions carried on unanimous voice votes or by roll call where recorded.

Why this matters: These votes set spending and oversight priorities for three pension plans that together manage the city's retirement assets and set the timeline for adopting actuarial assumptions and annual financial reporting.

Most significant actions

- Approval of meeting minutes (Police Officers; Firefighters; General Employees): motions carried by voice vote early in the meeting.

- GRS Consulting five-year actuarial experience review: the boards voted to accept GRS Consulting's quoted engagements for actuarial experience reviews for each plan. The quoted fees presented during the meeting were $6,500 for general employees, $6,000 for police officers and $5,000 for firefighters.

- Quarterly investment performance report from Mariner: each board voted to accept the Mariner quarterly investment report for the period ending Dec. 31, with roll-call confirmations where recorded.

- Meeting time change for the May annual meeting: each board voted to move the May 29 annual meeting start time from 2 p.m. to 1 p.m.

Votes at a glance (motions, outcomes and roll-call excerpts where recorded)

1) Approve police officers meeting minutes — outcome: approved (voice vote).

2) Approve firefighters meeting minutes — outcome: approved (voice vote).

3) Approve general employees meeting minutes — outcome: approved (voice vote).

4) Approve GRS Consulting five-year actuarial experience review — police officers: motion approved (roll call: David Cohill — Yes; John Patrich — Yes; Matthew Grocki — Yes; John Castilla — Yes; Jason Sharp — Yes). Firefighters: motion approved (roll call: George Candler — Yes; Ed Dawson — Yes; John McDaniel — Yes; Lance Huish — Yes; Debbie White — Yes). General employees: motion approved (roll call: Nick Curry — Yes; Dan Janssen — Yes; Jennifer Rutello — Yes).

5) Accept Mariner quarterly investment performance report — police officers: motion approved (roll call: David Cohill — Yes; John Patrich — Yes; Matthew Grocki — Yes; John Castilla — Yes; Jason Sharp — Yes). Firefighters: motion approved (roll call: George Candler — Yes; Ed Dawson — Yes; John McDaniel — Yes; Lance Huish — Yes; Debbie White — Yes). General employees: motion approved (roll call: Nick Curry — Yes; Dan Janssen — Yes; Jennifer Rutello — Yes).

6) Move May 29 annual meeting start time to 1 p.m. — police…