# City of Alexandria Post-Employment Benefit Trust

City of Alexandria Post-Employment Benefit Trust is a Pension Fund based in Alexandria, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Alexandria, United States
- **Region:** North America
- **Address:** Alexandria, VA, United States
- **Assets under management:** Undisclosed
- **Website:** alexandriava.gov
- **LinkedIn:** https://www.alexandriava.gov

## Regulatory record

- **Reports private funds:** No

## About

The City of Alexandria Post-Employment Benefit Trust funds Other Post-Employment Benefits (OPEB) for eligible City of Alexandria employees. It operates under the City's Pension Administration Division, with Retirement Administrator Kadira Coley and Director of Finance Kevin C. Greenleaf overseeing financial management. The City acts as trustee and primary funding source. The trust's assets are pooled with other Virginia municipalities through the Virginia Pooled OPEB Trust Fund, administered in partnership with the Virginia Association of Counties (VACo) and the Virginia Municipal League (VML). This pooled structure aims to capture scale efficiencies in investment management and administrative costs. The trust holds no directly owned alternatives portfolio or disclosed direct investments. The trust falls under the City of Alexandria's broader financial reporting umbrella. The City and its affiliated trusts have consistently earned recognition from the Government Finance Officers Association (GFOA) for excellence in financial reporting (per Altss research). No dedicated investment committee or external CIO mandate is disclosed publicly. Unlike single-family offices or foundations with bespoke investment programs, this trust's structural differentiator is its participation in a statewide municipal OPEB pool — a collective investment vehicle that substitutes for an in-house asset management operation. This governance model centralizes investment decisions with VACo/VML's pooled fund managers while the City retains fiduciary responsibility for funding levels and benefit policy.

## People

- Kadira Coley — Retirement Administrator
- Kevin C. Greenleaf — Director of Finance

## Questions

### How is the City of Alexandria Post-Employment Benefit Trust different from the City's pension plan?

The trust exclusively funds Other Post-Employment Benefits — primarily retiree healthcare and life insurance — rather than pension obligations. It is a separate legal and accounting entity from the City's main pension system, though both fall under the oversight of the City's Pension Administration Division and the Director of Finance.

### Who manages the trust's investment portfolio?

The trust does not maintain an in-house investment team. Its assets are commingled in the Virginia Pooled OPEB Trust Fund, managed in partnership with the Virginia Association of Counties and Virginia Municipal League. The City retains fiduciary control over funding and benefit policy but delegates day-to-day portfolio management to the pooled fund's administrators.

### Who oversees the trust's governance and financial reporting?

Governance rests with the City of Alexandria, which serves as trustee. Kevin C. Greenleaf, the City's Director of Finance, and Kadira Coley, the Retirement Administrator, are the publicly named officials. The City and its trusts regularly earn GFOA awards for financial reporting transparency.

## Related profiles

- [City National Bank Profit Sharing Plan](https://altss.com/profile/city-national-bank-profit-sharing-plan)
- [City of Alexandria Supplemental Retirement Plan](https://altss.com/profile/city-of-alexandria-supplemental-retirement-plan)

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Source record modified: 2026-06-03T20:00:00.000Z

Last verified: not supplied by this public snapshot.

## Sources and provenance

- Organization website as recorded: https://alexandriava.gov/
Source links do not imply that every field was verified on the page modification date. See [Altss methodology](https://altss.com/methodology).

Canonical page: https://altss.com/profile/city-of-alexandria-post-employment-benefit-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology