The City of Miami General Employees’ & Sanitation Employees’ Retirement Trust provides this information and in compliance with the Florida Senate Bill 534 adopted in May 2013 which requires pension plans to disclose information for publicly-funded retirement plans.
Senate Bill 534 is just one measure of the funded condition of the Miami GESE plan and should not be viewed as an indication of the plan’s ability to pay future benefits.
The latest historical summary of investments held at fair value. A copy of the City of Miami GESE Retirement Trust Ordinance can be obtained by visiting the City of Miami web site.
The City of Miami General Employees’ and Sanitation Employees’ Retirement Trust (GESE) is a defined benefit pension trust for all City employees and was instituted by the City of Miami Ordinance No. 5624, effective July 1, 1956.
