LEGISLATIVE ACTION ITEM
SPONSOR: City Council President Jared Moore
SUBJECT:
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APPOINTMENT - GENERAL PENSION BOARD
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RECOMMENDATION:
recommendation
That City Council appoint one individual to the General Pension Board for a term of six (6) years, expiring June 30, 2027.
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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 or her 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
William Wells Incumbent
PRIOR ACTION:
City Council appoints members to this boar 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 - William Wells
3) Resume - William Wells
4) Ballot
PRESENTATION: No