Boynton Beach General Employee's Pension Fund

Boynton Beach General Employee's Pension Fund

The Boynton Beach General Employee's Pension Fund was established in 2002 as a single-employer defined benefit plan for municipal workers. It provides reimbursement of health insurance premiums and other qualified retiree benefits. Unlike larger Florida peers that build internal investment teams, this Palm Beach Gardens plan relies entirely on the Resource Centers for its administration, with Amanda Kish serving as the Plan Administrator linked to the fund. The fund pursues a capital deployment strategy structured around buyout funds, secondaries, and fund-of-funds commitments. The portfolio's specific fund relationships and the names of its underlying managers remain undisclosed in public records. Geographic concentration is not disclosed, but its municipal charter and sole-employer structure root it firmly within the Boynton Beach economy. With assets estimated at $8M, the fund sits at the smallest end of the Florida public pension landscape. It maintains a membership in the Florida Public Pension Trustees Association, a network that provides trustee education and benchmarking for plans of similar scale. The City of Boynton Beach acts as both the plan sponsor and the sole employer. Adjacent philanthropic or real-asset investment vehicles are not in evidence. The fund's binding structural signature is its fully outsourced administration model. Where many municipal plans of this vintage operate with either internal staff or a contracted third-party administrator for specific functions only, this fund has consolidated its administrative and reporting architecture under the Resource Centers. That arrangement decouples pension governance from City Hall operations, making the fund's posture more akin to a trust administered at arm's length than a department embedded inside municipal finance.