Pension Plan Disclosures

The Town has two defined benefit plans, which are known as the Town of Indian River Shores General Employees’ Defined Benefit Plan and the Town of Indian River Shores Public Safety Officers and Firefighters’ Defined Benefit Plan.

In accordance with Section 112.664 Florida Statutes, certain disclosures must be available on the Town’s website.

General Employees’ Defined Benefit Plan

Required disclosures are available on the Plan administrator’s website located here.

Public Safety Officers and Firefighters’ Defined Benefit Plan

Actuarial Statement with GASB 67 & 68 Disclosures as of October 1, 2019

112.664 Compliance Disclosures

Return & Asset Allocation by Fiscal Year (60T)

Annual Report of Investment Activity for Fiscal Year 2018

Detail of Administrative Expenses for Fiscal Year 2019

Division of Retirement Actuarial Summary Fact Sheet

Actuarial Summary Fact Sheets are found at this link for all 420 municipalities monitored by the Florida Department of Management Services, including the Town.