# City of Port St. Lucie Municipal Police Officers' Retirement Trust

City of Port St. Lucie Municipal Police Officers' Retirement Trust is a Pension Fund based in Port St. Lucie, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Port St. Lucie, United States
- **Region:** North America
- **Address:** Port St. Lucie, FL, United States
- **Founded:** 1961
- **Assets under management:** Undisclosed
- **Website:** cityofpsl.com
- **LinkedIn:** https://www.linkedin.com/company/city-of-port-st.-lucie

## Regulatory record

- **Reports private funds:** No

## About

The trust was established to provide defined-benefit retirement security for eligible police officers employed by the City of Port St. Lucie, Florida. Governance rests with a five-member Board of Trustees chaired by Paul Griffith, with Tara Pavlyshin serving as Secretary. Two seats — held by Dan Kleman and Brian Reuther — are filled by city council appointment, linking the board's composition directly to municipal oversight. The plan sponsor and contributing employer is the City of Port St. Lucie itself. As a Florida municipal pension fund, the trust operates under the investment standards set forth in Florida Statutes Chapter 185, which governs municipal police officers' retirement plans. The board selects external investment managers rather than deploying capital directly, a structure typical of sub-billion-dollar municipal plans that outsource portfolio construction to institutional consultants and OCIO providers. The fund participates in the educational and trustee-governance network of the Florida Public Pension Trustees Association, which shapes continuing education for board members on fiduciary duty and asset allocation. The trust's scale is not publicly disclosed, though Florida municipal police plans of comparable city size — Port St. Lucie's population exceeds 200,000 — typically hold assets in the range of $50 million to $150 million based on population and contribution-rate benchmarks (Altss estimate). The fund maintains a local administrative footprint without additional offices, consistent with a single-city municipal plan whose beneficiaries serve, and largely reside in, the Port St. Lucie jurisdiction. The plan's structural differentiator is governance proximity: two of five board seats are direct City Council appointments, giving elected officials a channel into fiduciary decisions that at larger state-level plans would be insulated by independent trustee selection. This creates a hyper-local accountability loop — the same city council that negotiates police compensation also names trustees who steward the retirement assets backing those obligations.

## People

- Paul Griffith — Chairman of the Board of Trustees
- Tara Pavlyshin — Secretary and Trustee
- Carmine Izzo — Trustee
- Dan Kleman — Trustee (City Council Appointee)
- Brian Reuther — Trustee (City Council Appointee)

## Questions

### What legal framework governs the trust's investments?

The trust operates under Florida Statutes Chapter 185, which establishes investment standards, fiduciary duties, and governance requirements for municipal police officers' retirement plans in the state. The statute defines permissible asset classes and prudent-investor standards that shape the board's allocation decisions.

### Who is the plan sponsor responsible for funding obligations?

The City of Port St. Lucie is the plan sponsor and contributing employer. The city makes annual contributions alongside employee contributions from participating police officers, with contribution rates set by actuarial valuation to meet future benefit obligations.

### How are board members selected, and what is the governance structure?

The five-member board includes both designated trustees and City Council appointees. Two seats go to council-appointed trustees — currently Dan Kleman and Brian Reuther — while the remaining seats, including the Chairman and Secretary roles, are filled through plan governance provisions. This structure gives the City Council direct fiduciary influence over police retirement assets.

### What continuing education or trustee training does the board undertake?

The trust is an active member of the Florida Public Pension Trustees Association, which provides educational programming, fiduciary training, and peer networking for Florida municipal pension trustees. FPPTA participation is a common vehicle for board members to meet the continuing-education expectations embedded in Florida's public-pension governance standards.

## Related profiles

- [City of Port Orange General Employees' Pension Fund](https://altss.com/profile/city-of-port-orange-general-employees-pension-fund)
- [City of Portland Fire & Police Disability & Retirement Fund](https://altss.com/profile/city-of-portland-oregon-fire-police-disability-retirement-fund)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/city-of-port-st-lucie-municipal-police-officers-retirement-trust

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