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Largo Commission schedules second reading for police and firefighters retirement plan changes after fiscal-impact overview
Summary
Commission approved on first reading updates to the City of Largo police and firefighters retirement plan, including benefit‑factor adjustments and technical clarifications; staff said the first-year contribution impact is roughly $590,000 and the ordinance was scheduled for a second reading Sept. 16 (7-0).
The City Commission on Aug. 19 approved on first reading Ordinance 2025-38, a package of amendments to the City of Largo municipal police officers and firefighters retirement plan that make technical edits and restore certain benefit calculations for members hired after Oct. 1, 2013.
Staff described changes that include adjusting definitions used to calculate average final compensation, moving some pay-code detail into collective bargaining…
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