Welcome: 12/12/2017


WEBSITE LAST UPDATED
November 27, 2017

GERS NEWS

All mail and correspondence should be sent to:

City of Fort Lauderdale
General Employees' Retirement System
316 NE 4th Street, Suite 2
Fort Lauderdale, FL 33301


Office: 954-828-5171
Toll Free: 888-269-4447
Fax: 954-828-5270

Trustee_Elections -  an election is being conducted for two positions on the Board of Trustees of the General Employees’ Retirement System. Both positions are for three-year terms, which will begin on January 1, 2018 and expire on December 31, 2020. The election materials including a mail in ballot will be mailed to all currently employed and retired members in November 2017.

Investment_Returns_2017_Fiscal_Year – we are very pleased to announce that the return of the investment portfolio of the System was a spectacular 15.1% net of fees for the 2017 fiscal year. Even more impressive is that this return ranked in the top 2% of the public pension fund universe. These returns serve to enhance the already very strong financial position of the Retirement System. A full report is available for download linked as 2017 FY Investment Report.

Annual_Retirement_Seminar – the annual retirement seminar was rescheduled to December 6, 2017 at City Hall because of the hurricaine. Active members (currently working) can still register for the seminar by calling the pension office at 954-828-5170. Valuable information on Social Security benefits, estate planning, post-employment City benefits, Medicare, long-term care and taxes will be presented. Those attending can download their Seminar Information Package.

The Board welcomes:

Jill Prizlee - employee elected Trustee joined the Board on January 1, 2017

Lynn Wenguer - employee elected Trustee joined the Board on January 1, 2016

Ron Cameron - reappointed by the City as Trustee on January 1, 2016

Nicholas Schiess engaged as Plan Administrator on April 26, 2016



The Board says goodbye to the following significant contributors:

Mark Darmanin - former chairman and a very long serving member of the Board departed on December 31, 2016

Darlene Pfieffer and Julie Cameron - former City appointed Trustees departed on December 31, 2015

Robert Dunkel - former legal counsel for many years retired on November 11, 2016

David Desmond - former Plan Administrator retired October 1, 2015 after 15 years of dedicated service


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Do you know when to begin your pension? Click here.

Do you have question about your retirement planning?
Click here.
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Interesting Articles:
(Click to read)

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7 Steps to a Sound Retirement
Are You Going to Retire in Poverty
401K Accounts Are Not Reiremnet Plans

 

 

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