The Jacksonville City Council Auditor's Office is conducting a performance  audit of the Police and Fire Pension Fund.

"We look at how they manage their assets, the most important being employees  and money," said Council Auditor Kirk Sherman.

The audit, which started last week, is being done in conjunction with a look  into the General Employee Pension Fund that started several months ago.

That scrutiny doesn't raise any concerns, said John Keane, executive director  of the Police and Fire Pension Fund.

"We're an open book," Keane said. "They come in and ask us questions and we  give them answers."