Florida Politics - Campaigns & Elections. Lobbying & Government.

A.G. GancarskiApril 10, 2017

Prologue: A Monday meeting of the Jacksonville Police and Fire Pension Fund centered around the ultimate actuarial impact of Lenny Curry‘s pension reform package, with presented actuarial analysis from the board proving to be more pessimistic than that of the city about rates of tax revenue growth, payroll growth, and amortization schedule. Ultimately, not much of that mattered […]

A.G. GancarskiMarch 17, 2017

The slow walk by the Jacksonville Police and Fire Pension Fund toward policy marginalization continued apace Friday, as the five-person board of trustees offered “review and discussion” of the city’s latest pension proposal. The General Counsel contended earlier this week that the PFPF had no role in the pension decision, arguing that the 2015 pension […]

A.G. GancarskiMarch 14, 2017

In February, the Jacksonville Police and Fire Pension Fund Board of Trustees balked at a Mar. 15 deadline to vote on the city’s latest pension plan. The board had worried that there would not be enough time to review the data of the new plan, which offers raises and uniformity of benefits for current employees, […]

A.G. GancarskiMarch 2, 2017

An exchange of emails this week between Richard Tuten, the head of the Jacksonville PFPF Board of Trustees, and Sam Mousa, the city’s chief administrative officer, reveal friction between the mayor’s office and the PFPF board chair. The dispute centers around a meeting Mousa sought with Tuten to discuss the latest pension reform package, which has been accepted by […]

A.G. GancarskiFebruary 17, 2017

On Friday, the Jacksonville Police and Fire Pension Fund held its monthly meeting of trustees. It was the first such meeting since the city agreed to tentative pension deals with the police and fire unions last weekend. As part of that deal, the city will no longer be obligated to the terms of the 2015 […]

A.G. GancarskiFebruary 19, 2016

Though it wasn’t an agenda item, interesting talk before the meeting outside the board room included some profound skepticism about the mechanics of the Deferred Contribution plan, upon which the Lenny Curry pension tax/reform proposal is predicated. Asked her position before the meeting, Executive Director Beth McCague noted that, since changes can happen in the bill in […]

A.G. GancarskiDecember 18, 2015

The Jacksonville Police and Fire Pension Fund Board of Trustees selected Willard Payne as its fifth member on Friday during its final meeting of 2015. Larry Schmitt nominated, noting his experience with the Jax Chamber, the Port Authority, and other boards. “I think his experience and expertise in business dealings would make him a good […]

A.G. GancarskiNovember 20, 2015

The big story from the Friday meeting of the Jacksonville Police & Fire Pension Board of Trustees: the appointment of an interim executive director and administrator: Beth McCague. McCague, a veteran finance professional, was approved by a vote of the board to start on Dec. 1, and to serve for up to a year, or […]

Tag: Richard Tuten
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