General Employees Pension Fund

The City requires all general regular full-time employees to participate in the Pension Fund. The City makes a contribution to the Pension Fund in accordance with the requirements identified in the actuarial valuation, and employees are required to contribute 7% of their pay into the plan. Employees become vested when they have completed 5 years of continuous service. The Pension Plan provides benefits upon retirement, and includes provisions for disability benefits.

Reporting Information
General Information | 2019 | 2020

General Information 

Division of Retirement Fact Sheet

Summary Plan Description

Summary Plan Description Addendum (Financial and Actuarial)

FY2019 Disclosures 

Florida Statutes Section 112.664 Required Reporting

FY2020 Disclosures 

Actuarial Valuation as of October 1, 2019

Florida Statutes Section 112.664 Required Reporting

Audited Financial Statement