Pew Trust to discuss Jacksonville's pension issue

JACKSONVILLE, Fla. – A national public policy organization is going to add its voice to the the city of Jacksonville funding of the pension plan for its retirees.

The Pew Charitable Trusts will make a presentation to the city's Pension Reform Task Force on Monday.

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Chairman of the task force, Bill Scheu, says he's excited about the group's involvement.

"We've been talking with them for a couple of weeks and they bring a lot of credibility and expertise," Scheu told the Financial News and Daily Record.

Mayor Alvin Brown's office, whose negotiated reform plan with the Police and Fire Pension Fund was rejected by City Council and drew a lawsuit, issued a statement saying they were pleased by this development.

"This opportunity presented by Pew and its foundation is exactly the kind of vision and leadership from Mr. Scheu and the task force that Mayor Brown sought when he set the goal of a long-term solution for retirement reform."


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