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The Friendly City
Pension Plans

Employees’ Defined Benefit Pension Plans have a financial impact on local governments.  In order to provide meaningful information regarding the value of local pension plan assets and liabilities, the state has mandated certain disclosures be made. 
 
City of Bradenton employees are covered under one of three (3) separate pension plans. Section 112.664, Florida Statutes, requires the following disclosures related to these plans be made available to the public. 
 
The disclosures are provided below.