Brooksville Firefighters' Pension Trust Fund Agenda Packet 2026-05-27
Hotaling Presents $12.16M Annuity Cost Estimate For Pension Transfer
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Description
Hotaling Insurance Services presented the Brooksville Firefighters’ Pension Board with a preliminary $12.16 million estimate to transfer all plan obligations via single-premium annuities and recommended seeking group terminal-funded quotes from multiple A-rated carriers. The Board is expected to use this analysis in selecting a final pension risk transfer structure.
Contract Details
Contract Amount
$12,156,139 (preliminary individual-policy premium estimate)
Vendor
HOTALING INSURANCE SERVICES
Agency
City of Brooksville, FL
Contract Type
INSURANCE
Document Date
May 26, 2026
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