City of Lauderhill Firefighters' Retirement System

City of Lauderhill Firefighters' Retirement System

The City of Lauderhill Firefighters' Retirement System provides defined-benefit pensions to municipal firefighters in Lauderhill, Florida. The fund is governed by a board of trustees that includes both appointed and employee-elected members. Plan administration runs through Barbara White. The system allocates directly to real assets rather than solely through intermediate fund vehicles. Portfolio holdings include a U.S. commercial real estate investment fund and a farmland investment fund. A note receivable rounds out the non-traditional book. The plan's footprint is domestic, concentrated in the United States. The board comprises six trustees under Chairman Sean D. Henderson. Two trustees are elected by the firefighters themselves — Matthew Newman and Daniel Speerin — while Michael Taussig serves as the fifth-member appointee. Meralis Celetti and Ryan Gabner round out the board. The plan maintains a lean structure with direct real-asset exposure rather than layering multiple external managers — a posture that mitigates fee drag while concentrating due-diligence demands on the trustees themselves.