Treasurer - Mike Massey will be out of town from 11/16/14 to 11/30/14
For Assistance Please Contact Danny Principe and/or Kenny Brooke for benefit distrubition
Dear New Member:
Myself, the Board of Directors and the entire membership of the Jacksonville Police Death Benefit Fund, Inc. welcome you into our membership.
Your decision to join is good on many levels. Benevolence, fraternalism
and financial smartness make your decision really special. It
is hard to realize now the benefit of about $10,000.00 being put
into your loved one's hands at your death within (48) hours of
that death. No delays with death certificates or long waiting
periods are experienced.
You are cautioned. Pay attention to two items throughout your membership.
One is to keep your address with us current. Secondly,
keep your beneficiaries current. Two forms are provided
for you on this site. If this is not convenient make contact via
mail or phone. Also, look at your paycheck for code #425 which
indicates your $5.00 payroll withdrawal is active for the Fund.
Allow two pay periods to pass for that withdrawal to properly
appear in your paycheck.
You may keep up with the Fund's financial state and members passing
by visiting our website, by reviewing your annual statement or
attending annual membership meeting held February each year.
Again, welcome. May your career with J.S.O. be successful as you serve the citizens residing in Jacksonville.
Jacksonville Police Death Benefit Fund, Inc.
Jacksonville Police Death Benefit Fund, Inc. was first formed
in 1924. It started with just police officers who voluntarily
gave money to help fallen officer's families with immediate funeral
expenses, learn more about our history here. The hallmark of the Fund is the established goal of
placing funds into a family's hands within forty eight (48) hours
upon receiving notice of a member's death. The member's benefit
amount is determined by multiplying $5.00 times the total membership
(every member contributes $5.00 from his/her account). An additional
check is issued for the amount of money in the deceased member's
individual account and that account closed. By law, these account
funds cannot be distributed in any other fashion or for any other
reason than just stated.
The Fund has legally become a tax exempt Florida Corporation. It has
expanded it's membership to include all permanent employees of
the Jacksonville Sheriffs Office who desire membership. Membership
is accomplished by authorizing a five dollar ($5.00) bi-weekly
deduction from your pay check to the Fund. The deduction continues
The Fund has oversight by a duly elected Board of Directors who are
elected biannually at a called annual business meeting. A certified
account firm audits the Fund annually. The Fund's assets are invested
in F.D.I.C. secured certificates of deposit, currently managed
by Morgan Stanley. The Fund operates under the guidelines of an
established Investment Policy that does not permit investments
in risky ventures.
Total asset value as of 6/17/2014 is $1,519,369.18.
Active current membership is 2231 members.
The Jacksonville Police Death Benefit Fund is a fraternal and membership
driven organization. The principles and ideals of the organization
are of the highest order. You as a member are deeply appreciated
each time you commit your $5.00 towards the funeral expenses of
a fellow officer/employee who has passed on.
If you are a permanent employee of the Jacksonville Sheriffs Office,
and not already a member, please consider joining. See the contact
page on this website for more details about joining.