Newspaper article The Florida Times Union

City Could Get Help on Pension Reforms; Pew Charitable Trusts Has Expressed Interest in Assisting Jacksonville

Newspaper article The Florida Times Union

City Could Get Help on Pension Reforms; Pew Charitable Trusts Has Expressed Interest in Assisting Jacksonville

Article excerpt

Byline: David Bauerlein

A national group that has examined government pension funds across the nation could become Jacksonville's in-house expert on ways to resolve its own pension problems.

The Pew Charitable Trusts, a nonprofit with an office in Washington D.C., has published numerous reports about the condition of the fiscal health of state and city pension funds. Its representatives will make a presentation Monday at a special meeting of the Jacksonville Retirement Reform Task Force.

"They've been involved in pension reform for some time, and they've done both state and local initiatives," said Bill Scheu, the chairman of the task force. "They have a lot of expertise and they're interested in coming to Jacksonville to help us."

Mayor Alvin Brown said if the task force chooses to use The Pew Charitable Trusts on an ongoing basis, the organization's understanding of pension issues would help develop a "long-term solution for pension reform."

"This group is an intellectual powerhouse on this issue and brings independent expertise to reaching a solution in Jacksonville, if that is what Chairman Scheu and the task force choose to pursue," he said in a statement. …

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