General Employees’ Retirement Board

 Purpose

The Board administers and is responsible for the proper operation of the General Employees’ retirement plan.

 Staff Contact

John Deaton, Chairperson (863) 291-5270

 Board Membership

The Board is made up of seven board members. Three of the board members must be legal residents of the City and are appointed by the City Commission; three members must be employees of the City and are elected by a majority of their peers; the seventh member is chosen by the previous six board members. If you wish to apply, please visit Board and Committees to download an application.

Qualifications

All members must be a resident of the City of Lake Alfred and has resided in the City for no less than one year; must be an employee who participates in the retirement system.

 Board Members

Member Position Term Ends
Chair John Deaton Elected Employee December 31, 2016
Vice Chair Jason Pitts Elected Employee December 31, 2017
Secretary Valerie Ferrell Appointed Resident December 31, 2018
Terry Macomber Appointed Member-At-Large December 31, 2018
Jessica Nevins Elected Employee December 31, 2018
Herb Nigg Appointed Resident December 31, 2016
Lowell Schmidt Appointed Resident December 31, 2017

 

Click on the links below to view the documents relating to the pension plan:

2015 Annual Disclosure required by FS 112.664

Actuarial Valuation Report as of October 1, 2015

Financial Statements as of September 30, 2014

2016 Declaration of Returns on Investments

2015 Annual Investment Activity

2009-2014 Investment History Report

Florida Department of Management Services – Division of Retirement Fact Sheet on Lake Alfred’s General Employee’s Retirement Plan

Florida Municipal Pension Trust Fund – Lake Alfred General Employee’s Page

Florida Municipal Pension Trust Fund – Overall Investment Reports