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Sarasota police pension board approves three retirement and DROP requests

Sarasota Police Officers Pension Plan Board of Trustees · March 26, 2026
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Summary

The Sarasota Police Officers Pension Plan board approved three retirement/DROP requests and unanimously adopted minutes from its Feb. 19 meeting. Trustees also reviewed administrative materials and noted an upcoming disability hearing process.

The Sarasota Police Officers Pension Plan board of trustees approved multiple retirement requests and adopted meeting minutes during its March 26, 2026 meeting.

The board moved and approved the minutes from its Feb. 19 meeting by roll call. Trustees then considered three personnel matters brought before the board. The first motion approved the vested deferred retirement request for Gerald Pucci, who vested at age 50 after about 10.53 years of service and requested the 100% joint annuitant option. The board then approved Steven Mayford’s request to enter the Deferred Retirement Option Plan (DROP) at age 51 after 26.53 years of service, with a lifetime-only benefit elected. A third motion approved Charles Reif’s request to enter DROP at age 53 after 25.84 years of service, with a 100% to joint annuitant option selected.

Board procedures were followed: each request was moved, seconded and approved by roll call. The minutes and retirement approvals were recorded as affirmative by the trustees present at the meeting. The transcript records the procedural motions and roll-call approvals but does not assign individual yes/no votes to named trustees in the audio-backed record provided.

The board also noted that some retirement presentations going forward may be shorter on the public agenda because city requirements on document formatting could limit the visual detail the board posts with its agenda materials.

The meeting adjourned at about 8:45 a.m.