TOWN SURFSIDE GAZETTE OF
MARCH 2017
MESSAGE FROM THE TOWN MANAGER
Strength of Surfside Pension Good News for the Town If municipal pension plans were given a grade, the Town of Surfside’s Retirement Plan would earn an A+. In a study conducted by the Leroy Collins Institute of more than 500 Florida Municipalities that manage their own employee pension plans, Surfside is one of only 47 municipal pension plans recognized as top performer and one of nine municipalities in all of Florida that has more than one plan (for both General Employees and Police Officers) with a top grade. For the calendar year 2016, the Town of Surfside Retirement Plan earned $1.8 million or 10.1% (+9.7% net), well ahead of the strategic model (+8.7%) and ranked in the top 2 percent of all plans. This financial stability of the Town’s pension plans ensures that the future of Town employees’ pension is secure. This is also great news for Surfside residents, knowing that tax dollars are being invested with prudent care and professionally managed at the highest level under the leadership of the Pension Board. - Guillermo Olmedillo, Town Manager
Retiring Post Office Employees Recognized
Two long-time employees of the Surfside U.S. Post Office were recognized for their decades of service to the Town and residents upon their retirement. Janet Tylutki-Berg (37 years) and Edlilia Lorraine Jimenez (32 years) received Certificates of Appreciation at the February 16 Commission Meeting. (L-R) Commissioners Michael Karukin and Daniel Gielchinsky, Edlilia Lorraine Jimenez, Janet Tylutki-Berg, Commissioner Tina Paul and Mayor Daniel Dietch.