Pension Board

Key Biscayne Police Officers & Firefighters Retirement Plan


Trustees
(as of November 2015)

Captain Michael Haring, Chair (Elected by Firefighters)
Servando M. Parapar, Secretary (Fifth Trustee)
Deputy Chief Jose L. Monteagudo (Elected by Police Officers)
Martha Broucek (appointed by Village Council)
Bill Stephens (appointed by Village Council)

Advisors

 

Attorney: Cypen & Cypen
Actuary: Gabriel, Roeder, Smith & Company
Administrator: Joan Wall

NOTE: Neither the Attorney or Actuary have terms. 


Description/Responsibilities

  • The Pension Board was created by Village Ordinance 97-21 in 1997.
  • The Board shall meet at least quarterly each year.
  • The Board of Trustees are designated as the retirement plan administrator. Among other duties outlined in Ordinance 97-21, they
    • determine eligibility and membership,
    • determine the amount of retirement allowances or other benefits,
    • establish uniform rules and procedures,
    • distribute information about the system to members, 
    • receive and process all benefit applications,
    • authorize payments from the Fund,
    • perform actuarial studies and valuations at least as often as required by law.
  • Online information for the Key Biscayne Police Officers & Firefighters Retirement Plan required per Chapter 112.664, Florida Statutes (Rule 60T-1.0035), as implemented by Senate Bill 534
  • Annual Budget for FY 2016-17 (PDF) required by the State of Florida to be provided to the plan sponsor (Village) and all current and retired members (posted October 2016). 

Meeting Time and Place

Meetings are usually held every other month at 5:30 p.m. unless otherwise noticed.

Council Chamber
560 Crandon Boulevard (behind Fire Station)
Key Biscayne, FL 33149

Agendas and Minutes are available online as PDF files.

 

 

 


"To provide a safe, quality environment for all islanders through responsible government."

 

© 2013 Village of Key Biscayne   |   88 West McIntyre Street   |   Key Biscayne, FL   |   33149   |   (305) 365-5511   |   feedback@keybiscayne.fl.gov

 

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