JACKSONVILLE, Fla. – The City Council Finance Committee on Monday voted to subpoena the financial records of the Jacksonville Police and Fire Pension Fund and its just-retired executive director, John Keane, to answer questions under oath.
The committee's investigation follows an outside firm's forensic audit of the Pension Fund, but the organization has not released materials needed for that audit, according to Councilman Bill Gulliford.
Keane's testimony could be compelled within two weeks.
Keane retired last week after a quarter century leading the pension fund.
Keane has been under fire for being in a special retirement plan set up for him and two other pension fund employees in 2000 that will pay him $227,000 in just his first year of retirement. The Jacksonville City Council last week authorized the mayor and general counsel to find out if the special fund is legal and challenge it in court, if necessary.
Keane cashed in more than 360 days of unused vacation time shortly before his retirement and received $440,000.