SUBJECT/RECOMMENDATION:
Title
Reappoint Michael Kachurik to the Board of Trustees, Clearwater Police Supplementary Pension Plan with a term to expire October 31, 2029. (consent)
Body
SUMMARY:
The Clearwater Police Officers’ Supplementary Trust Fund receives funds from the State of Florida, which are collected from insurance companies operating within the community. In accordance with Florida Statute 185.05, these funds must be administered by a Board of Trustees. The statute requires that two members of the Board be legal residents of the City of Clearwater and appointed by the City Council. The Board of Trustees is solely responsible for the administration of the Trust Fund.
Michael Kachurik has agreed to serve another four-year term as a Trustee. Mr. Kachurik is a legal resident of Clearwater, Florida. The Board of Trustees of the Clearwater Police Supplementary Pension Fund recommends his reappointment.