East Lake Tarpon Special Fire Control District Firefighters' Retirement System Board Of Trustees Quarterly Meeting Minutes
The board discussed several items, including an update on trustee terms and a review of actual expenses as of September 30, 2025. Key actions included amending the operating rules to include a hold-back policy for share plan distributions and approving a Fiduciary Liability Policy renewal. The board reviewed and approved an audit, the October 1, 2025, actuarial valuation, and an investment advisor report, which included a decision to lower the plan's assumption rate to 7.20% effective October 1, 2026. Legislative updates and plans for updating the Summary Plan Description were also discussed, along with a review of upcoming educational opportunities and the collection of data for the 2025 annual report.