General fund pension reserve use
City of Vero BeachFlorida- Detected
- Oct 21, 2026
- 12 days ago
- Sector
- Payroll and Pension
- Est. value
- Free account
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From the meeting
The report said Council committed $2,400,000 from the Unfunded Pension Liability Reserve for the frozen pension plan and $416,000 from the OPEB Reserve, with a net planned reserve use of $2,488,725. It also noted updated actuarial information suggests the frozen-plan cost may come in below budget. This is useful for firms that track pension administration, actuarial support, or reserve planning.
- Meeting date
- October 21, 2026
- Agency
- City of Vero Beach
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