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Board accepts power of attorney that allows direct-deposit for Henry Moses; staff to expedite payment
Summary
Trustees confirmed receipt of a power of attorney for beneficiary Henry Moses, instructed staff to accept the form for direct-deposit, and asked that the agent be given clear next steps so the lump-sum payment can be disbursed quickly (account must include Henry’s name).
Ron and staff reported they received a power of attorney that, on its face, appears to comply with Florida statute and permits the agent to direct direct-deposit of Henry Moses’ pension benefits. Trustees emphasized the priority of getting the lump-sum payment to the beneficiary quickly after confirming account setup that preserves Henry’s interest.
Board members instructed counsel to send an email to Sierra (staff) within 24–48 hours stating the POA is acceptable for directing direct deposit and to outline the documents the agent must provide to ensure the account includes Henry’s name (a joint account or Henry’s account with the agent’s access is permissible where banks accept it). Trustees asked staff to contact the agent (Roberta) promptly and to return a confirmation to the board once the payment paperwork is complete.
