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Brooksville council approves supplemental pension agreement tied to fire-rescue consolidation
Summary
The Brooksville City Council voted 5-0 at a special meeting to approve a supplemental interlocal pension agreement with the county addressing pension rights, contributions and the option for transferred employees to remain in the city pension or join the Florida Retirement System.
The Brooksville City Council unanimously approved a supplemental interlocal pension agreement related to the planned consolidation of fire-rescue services at a special meeting. The council voted 5-0 on the motion, which the meeting record shows passed by voice vote.
City Manager said the agreement "was drafted by the attorneys, between the city and the county as well as the pension attorney to protect the interest of the parties, including the members in the plan, the county, and the city." The manager told the council the agreement follows Florida statutes and spells out pension options for employees affected by the consolidation.
The agreement provides that employees transferred from the city to the county may either remain in the city's pension plan or join the Florida Retirement System through the county. The city, the manager said, remains responsible for sponsorship, administration, funding and the actuarial soundness of the city pension plan.
Under the terms described to the council, the county will remit to the city an amount equivalent to the county's Florida Retirement System contributions for employees who choose to remain in the city plan. The county also will deduct and forward employee contributions when applicable.
The supplemental agreement also preserves the city's right to close or terminate its pension plan at any time after consolidation. The City Manager said the city has requested actuarial impact statements from the pension board of trustees so an actuary can provide figures and analysis for any potential plan closure or termination in the future.
There were no public comments on the item. The record shows no roll-call vote was taken; the motion passed on a voice vote of five in favor and none opposed. City Attorney Becky Boss had no items for the meeting, and councilwoman Earhart participated by phone and had seconded an earlier motion during the session.
The special meeting then was adjourned.
