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Firefighters' Retirement Fund Board of Trustees

June 9, 2025 ·9:00 AM Final

Ocala City Hall City Manager's Conference Room Second Floor 110 SE Watula Ave

Agenda — 18 items

  1. 1 Teams Meeting Link: https://bit.ly/3EWiwXL Meeting ID: 231 594 017 324 0 Passcode: dU7wD9pS ________________________________________ Dial in by phone +1 352-448-0342,,883764803# United States, Gainesville Find a local number Phone conference ID: 883 764 803#
  2. 1. Call To Order & Attendance
  3. 5 Others in attendance: Alicia Gaither, Dave West, Anthony Webber, Steve Hearing, Richard Grubbs, Alan Phelps, Donna Tucker, and Kerry Sipe, Lawrence Watts, and Taylor Clary attended through TEAMS.
  4. 2. Public Noticed & Public Comments
  5. 7 During public comment, a retiree, Ms. Donna Tucker, raised a significant tax issue stemming from a 2019 city reporting error that caused IRS penalties, leading to extensive discussion on potential resolutions and systemic impacts on other retirees.
  6. 3. Attorney Report
  7. 9 Request Motion, Appellee's Answer Brief, & Form 1 Filling 2025-1281
  8. 10 Summary Plan Description (DRAFT) 2025-1455
  9. 4. Actuary
  10. 13  DROP updates and considerations for DROP period impact statement  Component B Incentive Pay impact statement (a short summary of the attached impact statement)  Service purchase policy considerations  COLA Fund interest policy reminder 2025-1458
  11. 5. Consultant Mariner Report
  12. 16 Ocala Fire Investment Performance March 31, 2025 2025-1280
  13. 6. Expenses & Minutes
  14. 19 Fire Board Expenses March - April 2025 & Minutes February 24, 2025 2025-1282
  15. 7. Other Items For Discussion
  16. 7a. DROP Approval
  17. 24 Adjournment
  18. 25 A motion to approve the minutes as printed on this _________ day of __________; _______ was made by ___________________, seconded by _____________________, votes for _________, votes against ______________. ___________________________ ____________________________ Chairman Secretary