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Beaumont fire retirement officials report litigation, vacancies and governance gaps as FSRP deadline nears
Summary
Beaumont Fire Pension officials told the PRB lawsuits and persistent vacancies are slowing the conversion and hiring plan, the board seeks city cooperation on funding and a joint FSRP due Sept. 1, and PRB urged the city and plan to submit a jointly approved plan.
Representatives of the Beaumont Firemen’s Relief and Retirement Plan told the Pension Review Board that litigation, vacant positions and uneven city participation are complicating the plan’s path to financial stability, and that the plan and city are working toward a joint FSRP due on Sept. 1.
Luke Shelton, chairman of the Beaumont board, and Brandon Williams, the board’s newest trustee, described a multi-year effort that the board said has produced “some traction” but remains incomplete. Shelton said the board is…
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