# City of Delray Beach Police Retirement System

City of Delray Beach Police Retirement System is a Pension Fund based in Delray Beach, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Delray Beach, United States
- **Region:** North America
- **Address:** Delray Beach, FL, United States
- **Founded:** 1974
- **Assets under management:** $100M–$200M (Altss estimate)
- **Website:** delraybeachfl.gov

## Regulatory record

- **Reports private funds:** No

## About

The City of Delray Beach Police Retirement System was founded in 1974 as a single-employer defined-benefit plan to provide retirement income for the sworn officers of Delray Beach, Florida. The plan is administered locally by a board of trustees, in contrast to statewide pooled pension arrangements more common in some municipalities. The system's obligation is to a narrow, tenured beneficiary base — career law enforcement — not a broad municipal workforce. The system manages an estimated $143 million in assets, with a portfolio that departs from the conventional 60/40 split. The board includes explicit allocations to secondaries and timber, two segments that offer inflation-hedging characteristics and illiquidity premiums appropriate for a closed-end plan with a declining active workforce. Specific fund commitments and co-investments are not publicly itemized in plan documents. The plan operates from Delray Beach, with its work overseen by a board of trustees. No dedicated investment staff headcount is disclosed. The fund does not publicize adjacent philanthropic vehicles or operating-company relationships typical of larger public pensions. Its size places it in a bracket where manager access and fee negotiation depend heavily on relationships cultivated through a consultant or a specialized fund-of-one. The plan's architecture as a closed, single-employer DB plan for a discrete group of public-safety workers is its differentiator — it faces no new-entrant pressure and can align its cash-flow needs and liquidity profile with the life expectancy of its participant base. That demographic reality frees the board to maintain an unusually concentrated commitment to illiquid asset classes like timber and secondaries without the redemption-risk constraints that burden open-ended vehicles.

## Sectors

- Secondaries & Special Situations
- Timber

## Questions

### Who administers the City of Delray Beach Police Retirement System?

The plan is overseen by a board of trustees, as stipulated in its founding documents. The names of current trustees are not captured in public filings accessible outside the city's own records. The board operates the plan as a single-employer, defined-benefit arrangement for the city's police officers.

### Is the Delray Beach Police pension open to new municipal employees?

No. As a single-employer defined-benefit plan for police officers specifically, it does not cover general city employees, firefighters, or new hires pooling into a statewide system. The closed nature of the beneficiary base shapes its investment horizon and liquidity tolerance.

### Where does the City of Delray Beach Police Retirement System's funding come from?

Funding derives from contributions by the City of Delray Beach as the employer sponsor, employee contributions from plan members, and investment returns on plan assets. The specific contribution rates are set through actuarial valuation and municipal budget processes.

## Related profiles

- [AGRA](https://altss.com/profile/agra)
- [Grossman Family Foundation](https://altss.com/profile/grossman-family-foundation)

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Last updated: 2026-08-11T02:43:31.692Z

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