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JEA threatens rate hike over pension proposal

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Updated: 11/10/2013 10:56 pm
JACKSONVILLE, Fla. -- The JEA is threatening to raise customer rates if it's forced to contribute more to the city of Jacksonville pension plan.

JEA spokeswoman Gerri Boyce tells Action News the city of Jacksonville received more than $227 million through JEA's contributions to the pension plan last year.
 
She says that money is embedded in JEA's rates. That means if JEA contributes more to the pension fund next year, customers will be impacted as well.

"We have not been in formal discussions," said Boyce.

"There have been some discussions and again, in those discussions we told them what our role was, and how we run our company, and any increase to the city contribution would result in an increase in rates for our customers."

Boyce says because of a previous agreement, the city can increase the franchise fee up to 6 percent without JEA authorization.

Action News reached out to Mayor Alvin Brown's office. A spokesman said Mayor Brown wants the retirement reform task to begin conversation with JEA to stabilize the pension fund.

JEA employees are included in the city pension fund.

But the spokesman for the mayor's office says Brown does not want to raise the franchise fee.

The retirement reform task form will meet again in December to take up all proposals on how to stabilize the fund.



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RFM2009 - 11/11/2013 7:49 AM
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JEA ought to get the times and augment its overall income by offering ULTRA HIGH SPEED INTERNET via it system to each and every meter in the City for a nominal rate. Its been suggested but its archaic, stubborn (stuck in their ways) BoD insists on remaining in the dark ages. The technology is there and ready for implementation and use if only JEA would get with the times. A far better solution than threatening to punish its customers with rate hikes becuase they are angered by the City..
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