Boynton Beach Police Officers' Pension Fund

Boynton Beach Police Officers' Pension Fund

The Boynton Beach Police Officers' Pension Fund was established in 1981 to provide retirement, disability, and death benefits for sworn officers of the city. The City of Boynton Beach acts as the plan sponsor, while a separate Board of Trustees — chaired by Jason Llopis and including Secretary Russell Faine, among five other trustees — governs investment and benefit decisions. The fund runs a streamlined, two-sleeve strategy. On the fixed-income side, capital flows into the Russell Multi-Manager Bond Fund and the Florida Fixed Income Trust, emphasizing diversified manager risk. Real estate exposure runs through the Russell Real Estate Equity Fund, targeting commercial properties across the United States. No direct lending, private equity, or hedge fund allocations appear in its current holdings, making this one of the simpler municipal pension portfolios in South Florida. Publicly available reporting does not break out team headcount beyond the seven-member trustee board. The fund participates in trustee education through memberships in the Florida Public Pension Trustees Association, the National Conference on Public Employee Retirement Systems, and the International Foundation of Employee Benefit Plans. Recent activity cannot be confirmed from available public records. The fund's defining architecture is its straightforward governance: an independent board makes all investment decisions, but every dollar is deployed through multi-manager or fund-of-funds structures — an approach that pushes manager selection and portfolio construction to external institutions like Russell Investments. This separates it from peer municipal plans that blend external funds with separate accounts or in-house management.