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File #: 17-00403    Version: 1 Name:
Type: Legislative Action Item Status: Passed
File created: 6/27/2017 In control: City Council
On agenda: 7/13/2017 Final action: 7/13/2017
Enactment date: Enactment #:
Title: APPOINTMENT - GENERAL PENSION BOARD
Sponsors: Brian Spencer
Attachments: 1. Member List, 2. Application of Interest - Debra Little, 3. Ballot

LEGISLATIVE ACTION ITEM

 

SPONSOR:                     City Council President Brian Spencer

 

SUBJECT:

 

title                     

APPOINTMENT - GENERAL PENSION BOARD                     

end                       

 

RECOMMENDATION:

 

recommendation

That City Council appoint an individual to the General Pension Board for a term of 6 (six) years, expiring June 30, 2023.

end

body                                                             

 

HEARING REQUIRED:    No Hearing Required      

 

SUMMARY:

 

This Board oversees administration of the General Pension Plan and investment of pension funds.  It consists of six members, three are appointed by City Council and one shall be the current presiding Council President of the City, or his appointed designee.  The remaining two members are elected by the employees.  COUNCIL APPOINTEES MUST BE RESIDENTS OF ESCAMBIA COUNTY AND FREEHOLDERS (PROPERTY OWNERS) OF THE CITY.

 

The following is an incumbent that wishes to be considered for reappointment:

 

Nominee                                                               Nominated By                                          

 

Debra Little                                          Incumbent

 

PRIOR ACTION:                     

 

City Council appoints members to this board on an annual basis.

 

FUNDING:                     

 

Budget:                     N/A

 

                     Actual:                                          N/A

 

 

FINANCIAL IMPACT:

                     

None.

 

STAFF CONTACT:

 

Ericka L. Burnett, City Clerk

 

ATTACHMENTS:

 

1)                     Member List

2)                     Application of Interest - Debra Little

3)                     Ballot

 

PRESENTATION:     No