City Of Oviedo Firefighters' Pension Board Of Trustees Quarterly Meeting Minutes
The board reviewed investment performance and analyzed Small Cap Core Equity managers, approving the transfer of funds to Fidelity Mass Mutual and the allocation of state money. Discussions included the attorney's report on DROP fund overpayments, the implementation of a Share Plan final pay distribution policy, and the process for addressing a specific member's overpayment. The board approved the administrative expense budget for submission to the city and addressed concerns regarding pension status in the event of departmental reorganization. Additionally, various professional service disbursements and travel expenses were ratified.
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
City of Oviedo Firefighters' Pension Board of Trustees Quarterly Meeting
The Board reviewed financial and investment reports from consultants, noting market challenges and current fund values. The Plan Administrator provided updates on compliance filings, annual investment activity, and the distribution of plan statements. The Attorney presented legislative updates and discussed web accessibility requirements for online content. New business included discussions on implementing a share plan final pay distribution policy and a proposed cybersecurity support program. Old business focused on resolving a DROP distribution overpayment issue and managing specific fund distribution cases. The Board also reviewed RFP responses for plan administration and ratified various financial disbursements, contributions, and retirement benefits.
