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Punta Gorda trustees direct staff to investigate whether comp‑time and buyouts are being treated as pensionable wages
Punta Gorda Police Pension Board · December 18, 2025
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Summary
After a public comment flagging inconsistencies, the board directed staff to ask the city for written policies and report back on whether compensatory time, vacation buyouts and sick‑time cash‑outs have been excluded from pensionable salary despite pension withholding.
A public commenter and police officer, Norm Narm, told trustees he found examples where the city withheld an 8% pension contribution from lump‑sum comp‑time, vacation buyouts and sick‑time cash‑outs but then those dollars were not included in the pensionable salary calculation used to determine benefits.
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