Cocoa Beach Pension Board Explores Real Estate Debt Investments Amid Market Volatility

Overview: The Cocoa Beach Pension Board meeting was marked by a focus on investment strategies, particularly the consideration of shifting investment allocations towards real estate debt to optimize returns amid fluctuating market conditions. The board discussed the potential engagement with two firms, Bloomfield Capital and Mavic Capital, as part of a strategic move to bolster their real estate investment portfolio. This shift aims to take advantage of favorable market conditions for debt investments while addressing the current underweight status in real estate allocations.

Palatka Pension Board Considers Benefit Adjustments Amid Strong Fund Performance

Overview: The latest Palatka Pension Board meeting centered on potential adjustments to retiree benefits and an analysis of the pension fund’s robust performance. Key discussions included the introduction of a lump-sum payment option for retirees, a proposal for a fixed multiplier to stabilize monthly benefits, and an evaluation of the pension fund’s financial health, highlighted by an impressive investment return exceeding expectations.

Palatka Pension Board Discusses Fixing Retirement Multipliers Amid Market Fluctuations

Overview: During the recent meeting of the Palatka Pension Board, discussions centered on whether to fix the fluctuating retirement multipliers for firefighters and police officers or continue allowing them to vary with market performance. The board sought input from retirees on their preference for a stable benefit or a variable one that could increase or decrease based on fund performance.

Jacksonville Beach Pension Board Reviews Actuarial Assumptions Amid Financial and Compliance Challenges

Overview: The Jacksonville Beach Pension Board convened to address issues including a five-year actuarial experience review, financial performance of the pension fund, and compliance updates from the IRS affecting pension recipients.

Cocoa Beach Pension Board Tackles Impact of Salary Increases and Market Volatility on Pension Plan Stability

Overview: Cocoa Beach Pension Board considers market volatility and salary hikes in latest meeting