LeRoy Collins Institute rates Fernandina Beach pension plans an "F"

Submitted by Susan Hardee Steger

October 2, 2014 11:29 p.m.

On October 2, 2014, the Florida Times Union reported that the Leroy Collins Institute has ranked the City of Fernandina Beach pension plans as an "F."  In an article entitled "Jacksonville corrections pension plan gets 'F' grade; Fernandina also scraping bottom,"  151 Florida municipal pension plans  were evaluated. The previous assessment was done in 2011. "A" rated municipalities included the city of Paltaka and St Augustine.

Click here to view the Collins Institute report for 2014. The Fernandina Observer will provide more information on the City's pension plans at a future date.

To view Dave Lott's previous pension articles, click below.

Fernandina Pension Plans - Part 1 of the basics

Fernandina Pension Plans - Part 2 of 4 - Investment performance

City Pension Plans - Future Options Part 3 of 4

Fernandina Beach Pension Plans Part 4 - Moving forward

Suanne Thamm's Commission Meeting Coverage on Pensions

Whither the future of Fernandina Beach city pensions funds?

Looking for money in all the wrong places