Title
DISCUSSION AND POSSIBLE ACTION TO APPOINT ONE (1) MEMBER TO THE POLICE AND FIRE PENSION BOARD, FOR A TWO YEAR TERM, WHICH WOULD EXPIRE IN JUNE 2028.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. The City Commission has three (3) appointed voting members who sit on the Police and Fire Pension Board, each for a two year term.
2. The terms are staggered; two of the appointments expire in 2027 and the other in 2026.
3. Notice of Vacancy was posted for a period exceeding 30 days, and attached is the application received during the acceptance period for Commission review and approval.
4. The following applicant expressed interest in becoming a Police and Fire Pension Board Member:
- Jason Oestreicher, CFP
5. Based on the applicant’s professional experience, the Commission should consider Mr. Oestreicher for the Board seat. Mr. Oestreicher is a resident of the City of Pembroke Pines for over 40 years and meets the requirements to be a Police and Fire Pension Board Member.
Financial Impact
FINANCIAL IMPACT DETAIL:
a) Initial Cost: None.
b) Amount budgeted for this item in Account No: Not Applicable.
c) Source of funding for difference, if not fully budgeted: Not Applicable.
d) 5 year projection of the operational cost of the project Not Applicable.
e) Detail of additional staff requirements: Not Applicable.
FEASIBILITY REVIEW:
A feasibility review is required for the award, renewal and/or expiration of all function sourcing contracts. This analysis is to determine the financial effectiveness of function sourcing services.
a) Was a Feasibility Review/Cost Analysis of Out-Sourcing vs. In-House Labor Conducted for this service? Not Applicable.
b) If Yes, what is the total cost or total savings of utilizing Out-Sourcing vs. In-House Labor for this service? Not Applicable.