About City of Sarasota
The City of Sarasota provides three single-employer, defined benefit retirement systems, one for Police Officers one for Firefighters and one for General Employees. Assets are held separately and may be used only for the payment of benefits to the members of the respective plans.
The Pension Plans are governed by Chapter 24 of the Code of the City – more... of Sarasota, (Click for applicable Pension Code in pdf format Police Officers, Firefighters, General Employees ), the Internal Revenue Code and Florida Statutes. Each Plan is administered by a Board of Trustees that acts as the named fiduciary of the Fund.
In addition to the Pension Plans, the City of Sarasota provides the opportunity for all employees to participate in a Deferred Compensation program . Established under Section 457 of the Internal Revenue Code, Deferred Compensation programs allow employees to contribute a portion of their salary and invest it tax deferred until retirement or termination.
The City provides participation with three companies. To learn more about the program and the companies, please choose a link below. – less – More from ZoomInfo »
City of Sarasota Employer Reviews
City of Sarasota
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Office Assistant (Former Employee), Sarasota, FL – May 21, 2012
Working at City of Sarasota