Florida Record
Melbourne
High PriorityTaxes Budgetopen

Proposed Pension Ordinance Revisions

Summary

The board reviewed the annual actuarial valuation, showing a slight decrease in the city and state contribution rate to 34.26 percent due to rising payroll from new officer hires.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Aug 12, 2026.

Impact analysis

💰Financial impact

Sets the employer contribution rate at 34.26% of police payroll.

✅Who benefits

Police officers and retirees relying on a securely funded pension system.

Mentions & discussions (1)

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