Commission questions pension decision

 

Commission questions pension decision

 

Date: October 5, 2010
by: Kurt Schultheis | City Editor

 
 

Town pension attorney James Linn believes a strong case can be made that the town’s firefighter pension board breached its fiduciary duty when it approved a proposal last month for a $50,000 pension analysis to be performed by Benchmark Financial Services.

At the Longboat Key Town Commission’s regular meeting Oct. 4, Town Manager Bruce St. Denis received permission to work with Linn to write a letter to the pension board expressing the commission’s concern with the board’s pending contract with Benchmark.

For more information, pick up a copy of the Oct. 7 edition of The Longboat Observer.

Contact Kurt Schultheis at kschultheis@yourobserver.com.

 

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