Common use of FUTURE ADMINISTRATION OF THE JPFPF Clause in Contracts

FUTURE ADMINISTRATION OF THE JPFPF. As part of the selection of the next JPFPF’s Executive Director-Administrator, the aggregate compensation of the JPFPF’s Executive Director-Administrator shall be determined in accordance with the market analysis of comparably-sized public pension plans provided for in the provision entitled “Selection of Executive Director-Administrator.” The City and/or JPFPF shall ensure that any future Executive Director-Administrator and/or senior management employee shall be placed in either the City General Employees’ Pension Fund or a defined contribution plan with the JPFPF’s employer contribution subject to the limits of federal law. The provisions of F.S. Ch. 112, Part III, including §§ 112.311—112.3175 relating to financial disclosure, shall apply to all Board members and the Executive Director. All Board members and the Executive Director shall be required to file the limited financial disclosure form (Form 1) as required by F.S. §112.3145(1)(a)(2)(e) and §112.3145 (1)(a)3.

FUTURE ADMINISTRATION OF THE JPFPF. As part of the selection of the next JPFPF’s Executive Director-Administrator, the aggregate compensation of the JPFPF’s Executive Director-Administrator shall be determined in accordance with the market analysis of comparably-sized public pension plans provided for in the provision entitled “Selection of Executive Director-Administrator.” The City and/or JPFPF shall ensure that any future Executive Director-Administrator and/or senior management employee shall be placed in either the City General Employees’ Pension Fund or a defined contribution plan with the JPFPF’s employer contribution subject to the limits of federal law. The provisions of F.S. Ch. 112, Part III, including §§ 112.311—112.3175 112.311-112.3175 relating to financial disclosure, shall apply to all Board members and the Executive Director. All Board members and the Executive Director shall be required to file the limited financial disclosure form (Form 1) as required by F.S. §112.3145(1)(a)(2)(e) and §112.3145 (1)(a)3.