COVINGTON, Ga. - Don Floyd was appointed by Gov. Brian Kemp to the Board of Trustees of the Georgia Firefighters’ Pension Fund Tuesday, July 16.
Floyd, a retired chief of the Covington Fire Department, said he always expressed interest to serve on the board of trustees. He had been a member of the pension fund for almost 40 years.
“What I’m so proud about,” Floyd said. “My dad was one of the ones, in the late 40s and early 50s, part of the group that was successful to get the Georgia Firefighters’ Pension Fund going.”
Floyd felt “very honored” to have been appointed to the board of trustees, stating that he was excited to “give back to the firemen's pension fund and help be one of the ones that keeps the pension fund a viable pension fund as it is today.”
Floyd added, “It’s one of the strongest pension funds in the country.”
The pension fund helps retired firefighters by providing “a supplemental pension benefit to Georgia’s firefighters and their beneficiaries through prudent stewardship of the assets held in trust,” according to its website.
In 2018, the pension fund paid retired firefighters (and/or their beneficiaries) close to $47.3 million, according to their annual report. The payout had about a 7% increase from 2017.