Defined Benefit Plans

I. General/Not-Represented Employees Defined Benefit Pension Plan*

- Managed by the Principal Financial Group
- Actuarial Summary Fact Sheet - Prepared by the Florida Department of Management Services 


Actuarial Plan Valuation


II. Police & Fire Employees Defined Benefit Pension Plan


 

Actuarial Plan Valuation

Section 112.664, FS Required Documents and Disclosures 


III. Professional/Management Employees Defined Benefit Pension Plan**

- Managed by the Principal Financial Group 
- Actuarial Summary Fact Sheet - Prepared by the Florida Department of Management Services
 

Actuarial Plan Valuation

*

Plan is frozen - On and after January 1, 2007, no non-bargaining Employee hired on and after such date shall become an Active Participant and no such Inactive Participant or such former Participant shall again become an Active Participant. All bargaining unit members who commenced employment with the City on or after January 5, 2011, shall participate in the Defined Contribution Plan. 

**

Plan is frozen - On and after January 1, 2007, no Employee shall become an Active Participant and no Inactive Participant or former Participant shall again become an Active Participant.