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Board counsel briefs Sarasota pension trustees on new ESG reporting rule and upcoming disability hearing
Summary
Board counsel told trustees about a 2023 law requiring periodic reporting on environmental, social and governance (ESG) considerations and outlined the process and likely timing for a formal disability hearing for a member (Pangalo).
Board counsel briefed the Sarasota Police Officers Pension Board of Trustees on new reporting requirements tied to environmental, social and governance (ESG) factors and on scheduling for a pending disability claim.
Counsel said a 2023 change in state law imposes reporting requirements for public pension plans about how ESG factors are considered in…
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