Agendas & Minutes
Agendas are available prior to the meetings. Minutes are available following approval.
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Overview
The Police Officers and Firefighters Pension Trust Fund Pension Board recommends City Code revisions concerning pension policy matters to the City Council and meets at least once each quarter. The Board retains professional firms for legal, actuarial, custodial, investment management and consultative services.
The Board consists of:
- 2 City residents appointed by the City Council (preferably a banker and a certified public accountant (CPA))
- 2 representatives each from the Fire Department and Police Department elected by members of each department
- Fire Chief and Police Chief
- City senior management employee appointed by Council
City of Maitland Police Officers' & Firefighters' Pension Trust Fund
October 1, 2020-September 30, 2021 Proposed Budget
Expenditure Type
| Budget Amount
|
Actuary
| $28,000.00
|
Administrator
| $24,000.00
|
Attorney
| $30,000.00
|
Custodian of Funds
| $22,000.00
|
IME Physician Fees
| $6,000.00
|
Insurance
| $4,600.00
|
School, Travel and Dues
| $20,000.00
|
Investment Consultant
| $35,000.00
|
Miscellaneous
| $2,000.00
|
Total
| $171,600.00
|