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2013 Year in Review: Stories that shaped Longboat Key — The Colony, Cell Towers, Pension reform, Hilton, Planning with the ULI, Elections & more…

2013 Year in Review: Stories that shaped Longboat Key — The Colony, Cell Towers, Pension reform, Hilton, Planning with the ULI, Elections & more…

At the end of each year, Longboat Key News reviews the events and issues that shape the town and its future. Many events are ongoing and have been debated over several years and multiple commissions such as structural solutions to North End beach erosion, whether there should be a cell tower, as well as the [...]

December 31, 2013 | Posted in Major Headlines, Top Box | Read More »

Fire dept. contract ratified; pension costs capped

Fire dept. contract ratified; pension costs capped

Longboat Key firefighters narrowly approved in a 16-14 vote a new employee contract that moves all current and future employees out of the town’s pension system, freezes the existing town pension plan, and moves the employees to the Florida Retirement System (FRS).

February 24, 2013 | Posted in Major Headlines, Top Box | Read More »

Welcome to the Hotel California Pension plan

Welcome to the Hotel California Pension plan

The Town can check into the state retirement system, but it can never leave and that may ultimately be a good thing.

December 16, 2012 | Posted in Opinion, Stephen Reid, Top Box | Read More »

Town reversal: Defined benefit plan offered to Longboat Firefighters with cap on taxpayer liability

Town reversal: Defined benefit plan offered to Longboat Firefighters with cap on taxpayer liability

The Town of Longboat Key through Manager Dave Bullock made a complete shift from last week’s fire pension negotiation wherein both sides had agreed to a defined contribution model or a straight wage increase. Instead, on Tuesday of this week, the Town Manager returned to the negotiating table and offered the firefighters a pared-down version of a defined benefit plan that would put all employees in the Florida Retirement System and cap the cost and liability to Longboat taxpayers at 13% of payroll.

December 12, 2012 | Posted in Major Headlines, Top Box | Read More »

Fire contract reached; proposal could end defined benefit era on Longboat Key

Fire contract reached; proposal could end defined benefit era on Longboat Key

The Longboat Key firefighters are less than happy to have agreed to a defined contribution pension plan after months of negotiation with Town Manager Dave Bullock. On Friday afternoon, the Manager’s bargaining team and the fire department union agreed to a three-year contract that the Manager will present to the Town Commission for consideration.

December 10, 2012 | Posted in Major Headlines, Top Box | Read More »

Firefighter contract talks get hot

Firefighter contract talks get hot

The Town of Longboat Key narrowly avoided impasse in its contract negotiations with its Firefighter Union on Thursday

November 3, 2012 | Posted in Major Headlines, Top Box | Read More »

Firefighters make pension offer to Town

Firefighters make pension offer to Town

Proposal seeks to avoid a defined contribution approach.

August 26, 2012 | Posted in Major Headlines, Top Box | Read More »

Longboat’s pension headache needs a smart remedy

Longboat’s pension headache needs a smart remedy

In the eyes of most Americans, the raft of pension income for public servants has grown to a financial titanic. And we know where that metaphor ends.

June 16, 2012 | Posted in Opinion, Stephen Reid | Read More »

Manager offers Longboat pension remedy

Manager offers Longboat pension remedy

In the face of spiraling unfunded liability costs, Manager Bullock proposes to freeze all employee pensions and convert to defined contribution model.

May 5, 2012 | Posted in Major Headlines, Top Box | Read More »