Florida Record
Melbourne
High PriorityTaxes Budgetopen

Firefighters Pension Fund Actuarial Valuation

Summary

The annual actuarial valuation shows covered payroll increased 14%, driving up the dollar amount of contributions while lowering the percentage of pay. The unfunded liability stands at $22.8 million, though assumption adjustments aim to improve long-term funding stability.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Feb 11, 2026.

Impact analysis

💰Financial impact

City contribution requirements adjusted to approximately $4.46 million, reflecting assumption changes and rising payroll.

✅Who benefits

City firefighters and retirees benefit from a well-funded pension system supported by conservative return assumptions.

Mentions & discussions (1)

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