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Pension boards approve SPDs, actuary invoices, retirements and reappoint/select trustees
Summary
Trustees approved summary plan descriptions for general employees, police and firefighters; authorized multiple actuarial invoices; approved one retirement and selected trustee appointees for police and fire boards; all recorded motions passed on roll call.
At the Feb. 24 joint meeting, the Jacksonville Beach pension boards approved several administrative documents and payments and selected trustees for police and firefighters systems.
Key votes and approvals
- Approved the Summary Plan Description (SPD) for the General Employees Retirement System as prepared by Sugarman Suskin Brazwell & Hera; trustees addressed a wording correction for one benefit option and approved the document by roll call.
- Approved payment of invoice #498208 to GRS Consulting (Brad Armstrong) in the amount of $4,300 for actuarial calculations tied to credited service purchases.
- Approved payment of invoice #497577 to Gabriel Roeder Smith & Company in the amount of $3,300 for actuary impact statements related to the credited service purchase and cap-range calculations.
- Approved retirement application for Tammy Leonard, Beaches Energy operations administrator, effective March 1, 2026; the board recorded that she meets age and service requirements.
- Approved the Police Officers Retirement System SPD and reappointed John Gutilla as the fifth member of the Police Officers Retirement System Board of Trustees for a two-year term (April 1, 2026 — March 31, 2028).
- Approved an additional actuarial invoice related to police plan cap-range calculations and backdrop changes (invoice #497572 to Gabriel Roeder Smith & Company for $3,300).
- Approved the Firefighters Retirement System SPD and selected Steve Shadow as the fifth member of the Firefighters Retirement System Board of Trustees for a two-year term (April 1, 2026 — March 31, 2028).
All motions were moved, seconded and approved on recorded roll-call votes during the meeting. The clerk recorded affirmative votes; no roll-call no votes or recusals were recorded in the transcript for these items.
Next procedural steps: staff will execute the approved invoices, finalize SPD publication, and process trustee appointments; the next quarterly (large) meeting is scheduled for May 26, 2026, at 2 p.m.
